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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 MatthewZyon Nov 28, 2016 11:41am
177 Views
Post# 25521886

RE:RE:RE:RE:RE:RE:RE:take 1.40?

RE:RE:RE:RE:RE:RE:RE:take 1.40?Mimran/Tablo have been really mopping up shares here with sizable buys on Nov 23, 24th and 25th (outside of the placement). 

I really would not want to see a buyout. Long term value is considerably higher than numbers discussed here. Had it not been for the 17m shares short we could have seen $2 imho.

I agree with you aubun - while insiders bought in the placement I want to see more insider buying;  W. Biggar (Director) bought 100k (also holds 75k share units), and P. Chawrun (COO) bought 24k (also holds 505k ristricted shares and 1.275M options) according to Sedi

I must say I do appreciate the management holds shares according to SEDI
(no guarantee these are accurate, look for yourself if you'd like: www.sedi.ca
- Hill (Chairman) holds ~2.7M shares + 2.2M options
- Young (CEO) holds 878k shares + 3.2M options + 743k restricted
- Lattanzi (Dir) holds 70k shares + 236k units + 375k options
Insiders Goldenburg, Thomas, Wheatley, Dyal etc. all hold shares, but who know if they purchased these in the open market or were awarded these by the company.

TGZ MGT:
https://www.terangagold.com/English/teranga/board-management/default.aspx
Bullboard Posts