Teranga Gold Corporation T.TGZ

All the posters obsessed about insider trades...

[mercedesman]

...or lack thereof....make me laugh. You got one insider that owns something like 24 million shares of a total of 107 M shares outstanding. And after buying over $1m worth just over 3 short months ago (at $ 3.58), he has an announced intention to buy more (up to 5% of shares O/S). In the meantime, you have share price that has generally been falling of late, in the same way that almost all other mid and small gold producers/explorers have been under pressure for the past several years. Who cares that the CEO doesn't want to mortgage his house to buy a few shares? Or maybe he simply prefers to wait until the end of tax loss selling season? Likely the non-deep pocketed Mgt group would prefer to reward themselves with options (low risk - no cash outlay). Of the 5 million or so Options issued (only a small number are in the money (the ones at $ 3.20 - and barely so). The vast majority are exercisable at $ 4, $5 up to $ 15 range. Plenty of incentive for Mgt and insiders to get the share price up based on fundamentals and adding a third mine. What am I missing? They are quietly executing, waiting for the sentiment on gold stocks to change (that will happen quickly/without much notice). So IMO way too much emphasis on the lack of insider buying her on SH. IMO, smart insiders will look to add from here and perhaps during the final 10 % move lower (IF it happens). But if it makes you feel better, to trash Mgt. for not using their cash in ways that suit you, go for it. If you're concerned that a Mgr or two has mislead the investing public, changed his/her mind, not followed through with a "promise", etc., then you should reconsider equity investing all together. I'm relaxed and will continue to patiently accumulate for the third time, and wait for the next bull run in gold equities, that will lift all gold equity boats, and most especially the equity TGZ. GLTA MM

[tsoprano24]

Well said.  T

[Stocktrackers]

Great feedback on this on going insider feud.

[ruffus23]

Golden Hill is looking golden with some preliminary numbers expected in the next few weeks.  Analysts continually give this company great ratings.   Future looks bright.