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Bullboard - Stock Discussion Forum Teranga Gold Corporation T.TGZ

Metals & Mining Industrial Metals & Minerals
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 Discussion

Teranga Gold Corporation > Rollback
View:
Post by thisisriskystuf on Apr 07, 2017 10:30am

Rollback

Edv stock had a rollback $0.50 10 to 1 Changed to $5.00 went to $25.00. just a thought
now has a new price update to $30.00 It was great for EDV could be Great for TGZ -???
Comment by auburn2 on Apr 07, 2017 4:10pm
The rollback is a positive. I prefer stocks above $1 with fewer shares outstanding. It's also more appealing to institutions and margin players. It shouldn't have an effect on the SP. SOG just rolled back and is doing just the same.
Comment by ruffus23 on Apr 07, 2017 6:15pm
$100 million in cash makes this rollback different. Would like to see some share buyback occurring alongside rollback. Maybe $10 million or so.
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