RE:RE:RE:RE:RE:INDIDERS ARE BUYING
Auburn2 - I'll agree its a good time to buy (I have been). However I disagree on the financing. Teranga earned US$12.17M and had just under US$58M in the last quarter (Q3). They were in good shape.
The financing hit the stock down from $1.14 to where we are now (coupled with weakness in metals prices). On top of that I am sure that with this bought deal a number of brokerages in the syndicate are looking to offload shares they are "stuck with" at $1.05 and didn't have buyers lined up for. So yes, lots of pressure on the stock price, if you are looking to buy more good times. If you are an investor that was hoping for a strong performing company not so great.
Matt