Very interesting...! Read this closely. TGV Tango gold mines inc. DYODD IMHO is a good investment.
Looking very good on Barchart 100% all. Source Barchart:
https://www.barchart.com/opinions/stocks/TGV.VN Source StockChart
https://stockcharts.com/h-sc/ui?s=TGV.V ----------------------------------------
Source Tango website
Investor Presentation April 2016
https://tangomining.com/wp-content/uploads/2016/04/TGV-Presentation-4.2016.pdf -------------------------------------------
Source Tango website
https://tangomining.com/tango-announces-extension-for-acquisition-of-bk11-mine
As announced on 9 July 2015, the Company entered into a Sale of Shares and Claims Agreement (“
Firestone Agreement”) with Firestone for the Acquisition, for a total consideration of US$8.0 million and, as announced on 13 October 2015, certain terms of the Firestone Agreement were amended by the amendment letter (the “
Amendment Letter”). Pursuant to a further amendment letter, all conditions of the Firestone Agreement and Amendment Letter must now be satisfied by no later than 29 July 2016 (the “
Revised Drop Dead Date”). In accordance with the terms of the Firestone Agreement, the Revised Drop Dead can be extended, in certain circumstances, to 29 August 2016.
This extension is to enable the Company to finalise the proposed US$30.0 million loan commitment with Vanderbilt Commercial Lending, Inc. to finance the acquisition of Firestone’s Botswana operations and to recommence operations at the BK11 mine, as announced on 24 March 2016.
IMHO is just 10 market days before a possible big news about acquisition of Firestone BK11 Diamond mine!!!!
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News Tango Acquires Additional 23% Interest in Kwena Group
Source TMX money 15 July 2016
https://web.tmxmoney.com/article.php?newsid=6581637397947952&qm_symbol=TGV Well very nice news for TGV and good for all shareholders. Need no money to acquire 23% more in Kwena group and low dilution with delay payment. Good work by the administrator IMHO
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About the Botswana Operations by Firestone Diamond Very nice read the entire article.
Source:
https://www.firestonediamonds.com/investors/firestone-diamonds-botswana-operations The diamondiferous BK11 kimberlite pipe is located within the Orapa Kimberlite Field (“OKF”) in northern Botswana and
contains rare and valuable Type IIa diamonds.. BK11 is located approximately 10 kilometres west and 20 kilometres southeast of De Beers’ Letlhakane and Orapa mines, respectively,
and is within 5 kilometres of Lucara’s Karowe mine. -------------------------------------------
Source Tsodilo website:
https://www.tsodiloresources.com/s/Diamond.asp?ReportID=609945
In 2015, 11 million carats of diamonds were mined in the OKF and produced such notable diamonds as the 1,109 carat ‘Lesedi La Rona’ and the 813 carat ‘Constellation’ from Lucara Diamond Corporation’s Karowe (AK6) mine. GLTA
Raypar