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Teranga Gold Corporation T.TGZ

Teranga Gold Corp is a Canadian-based gold company with assets is production, development, and exploration situated on prospective gold belts across West Africa in Burkina Faso, Cote d'lvoire and Senegal.


TSX:TGZ - Post by User

Bullboard Posts
Comment by 99999goldon Jan 25, 2015 11:21am
199 Views
Post# 23360774

RE:RE:Correct me if I am wrong. Insider buying?

RE:RE:Correct me if I am wrong. Insider buying?
eljoro wrote: Yes, hypothetically if management were buying shares on the open market they could not simultaneously be negotiating with another company for a sale of TGZ, as that would be a conflict of interest. However, any other company could launch a surprise hostile takeover at any time. If TGZ management knew nothing of the proposed hostile takeover plan until it was announced then whatever shares they had been buying on the open market would not been done so in conflict of interest.


absolutely correct or risk of being fined/jail time, not even their pets can buy stock.




Bullboard Posts