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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.

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TSX:TGZ - Post Discussion

Teranga Gold Corporation > Crazy volume at end of day.

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Post by tinytree on Jun 16, 2017 5:31pm

Crazy volume at end of day.

Rebalancing volume?

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Comment by lumpy13 on Jun 16, 2017 6:53pm

Exactly! Van Eck probably sold large blocks of shares to various institutional investors that had been lined up and wanted to wait until the last day. With Teranga now rebalanced in the GBXJ, there should be good upside pressure going forward. At least that's my hope.

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Comment by TG1960 on Jun 16, 2017 8:36pm

Yup...all rebalancing done now...check out OGC volume at close and many others!

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Comment by GoldPanda1 on Jun 17, 2017 2:55am

huge volumes with all other companies from the etf that have to be sold. i think the rebalancing is done. considering that teranga was pushing almost CAD 0.8 (CAD 4) in new shares) before April 12 and many other gold companies hve been decimated (ike Dundee, Silver Lake, DRD) i plan to use the weekend to see which is the biggest bargain and put some of my wizzair money there. looking for a quick ...more

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Teranga Gold Corporation