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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

Comment by SGCGRIMREAPERon Sep 28, 2018 11:02am
65 Views
Post# 28709276

RE:Trish & Richard - Where are the insiders purchases?

RE:Trish & Richard - Where are the insiders purchases?I sense a similar frustration Paulriedi with mine and some others I have communicated with here via PM.

Unfortunately, Young's strong suit is not promotion (In fairness, he has done a credible job on the project side), and Moran is very weak too. I do believe there's another young lady in IR now.

You needed to take Nodoz to get through his Denver speech. And you're 100% right that he clearly implied a wave of insider buying once the resource numbers were out. So far, that wave has been just 2500 shares. But this is always an issue when management is highly paid and owns very little shares actually purchased with hard-earned monies like us.

Young has a long history of over-promising and under-delivery, but that had eased up in the last year or so. But he definitely banged the drum hard in that last conference call about insider buying and if it fails to materialize outside of Mimran, Young will have once again caused serious disappointment that wasn't necessary.

The key is to see Mimran back buying because that's going to be our out - not anything Young says or does. I now get Mimran's plan and Young is little more than a puppet for it. Let us know what Moran says but I can pretty much assume what it will be.
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