Teranga Gold Corporation T.TGZ

management should just do the equity offering now

[goldminer4life]

they should do the equity offering now and get this overhang out of the way, market and investors are expecting it anyways

[goldminer4life]

they should do this offering now while stock is above 3 but won't surprise me if they don't and "wait" until its below 3 then offer it at a discount this is how resource investors typically gets screwed by management

[spacegimp]

idk from the last news release(not golden hill) they seem to be pretty emphatic that they do NOT want to dilute shareholders  and the recent hedging at $1330 would support that  , plus the largest shareholder has an interest in not being diluted   , this is a very well managed and prudently financed company i think if they need a large chunk of cash they will sell a 5% royalty  

[KingFox]

and just re-stated by RY, that they do not want to dilute and that the hedging is a direct result of the financing discussions where "lenders are using a price deck of approx. $1,150. per oz".