Teranga Gold Corporation T.TGZ

RE:RE:RE:RE:RE:RE:Bought deal was a year ago next thurday the 16th

[TheBigSmoke]

I don't think so....seems like a long time...but I don't know for sure. I'll ask them next time I speak with them.

thefabergegg wrote: smoke - bought deal lockup? could it be what's holding it?

TheBigSmoke wrote: Any deal has to have a 1 in front of it....maybe 1.20?

thefabergegg wrote: bruh if there's a hostile action then premium can't be that good if the stock is not ripping and at best 20%

that gets rejected at the door...

TheBigSmoke wrote: I agree with everything you say....this could be the only other explanation....I hope so! I just hope they do it soon! $$$$$$$$$

thefabergegg wrote: technically this action and the formation suggest rippage to the upside anytime/anyday now - I know I've been saying that but the price is above 10/50/200 MA and the breakout at 68 is still there however...

I've seen this kind of action before just once and on that situation and it could be here as well there's a plan bid/hostile takeout and the buyer can't pay that much of a premium, whoever they are had planned it so and bought up stock at 40/50s just below the 5% threshold to report to remain anonymous. I note that multiple parties at work to hold up the stock. 

TheBigSmoke wrote: deal was done at .83......crazy that this thing is now only .65 and won't move from here....this seller is either an idiot, knows something we don't, or is in really bad shape financially and needs to raise money.