Give them their due Having been quite harsh on TGZ management, yesterday and especially today’s news lessens my distaste. The drill results clearly suggest a possible third mine is coming together and having a billionaire as a major shareholder does have its benefits.
But forget a takeout by anybody but the billionaire shareholder and/or a major producer at this point.
Unless the stock quickly gets back above $5, wherein all honesty it should be at minimally now, any deal below that would bring relief for some but end up making management still at fault for letting it get so cheap in the first place (and then stolen).
And if anyone speaks to Ms. Moran, tell here insider buying now from a few key officers would go a very long way on the tails of the latest news.
I do believe it’s safe to say I reloaded just in time barring gold declining sharply.