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Bullboard - Stock Discussion Forum 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 Discussion

Teranga Gold Corporation > Insider Activity reported...
View:
Post by mercedesman on Mar 05, 2019 9:25am

Insider Activity reported...

...but perhaps not what we had hoped for.... A slew of Options and Restricted Share units were granted at $ 4.39. Almost a million. This may be bullish in that they are rewarding themselves in the event that the price of Teranga goes up. On the other hand > 300,000 options were exercised for cash at 4.39 as well. If they thought that short-term the sp would rise, why didn't they wait a little longer? In any event, perhaps this clears the way for further progress now that the option dole out is in the past. As for Mimram buying shares on the open market, we will have to wait. MM
Comment by SGCGRIMREAPER on Mar 05, 2019 4:34pm
After 3 private messages about Pinto's latest claims, I had to unignore him/it to see what this joker said this time. . Once again he speaks with fork tongue. What he implied and what actually occurred, are different. But that hasn't stopped him before and won't in his reply and future useless comments, It's amazing that this joker thinks he actually impresses anybody here but ...more  
Comment by JEN9 on Mar 05, 2019 5:02pm
Hey Mercedes...thanks again for all your posts and real info you provide... Very much appreciated as always, JEN9
Comment by mercedesman on Mar 05, 2019 5:57pm
(one of) The brothers grimm.. Just repeating what Canadian Insider has reported as a filing date of March 4th, and a transaction date of Feb 28th. RSU's exercised for cash. A total of 349,994 at $ 4.39 = $ 1.5m exercised for cash. So far the cash has not been re-invested by any of the RSU owners. Nice gig if you can get it. CI reports it as "red" or slightly negative, in that, like ...more  
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