TGZ 0.00% $3.30 teranga gold corporation

oromin in merger talks

  1. 127 Posts.
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    An Oromin report realeased recently states that they are discussing merging with another company, perhaps this is TGZ.
    The Massato deposit is mainly in Oromin land but runs South onto the Teranga ground.
    TGZ hold 15% of Oromin which in turn holds about 50% of the OJV concession.
    Things are starting to liven up, especially probable as the TGZ directors were buying recently.
    The Gora mining permit should not be far away and this also will put some easy ounces though the mill and kick things along hopefully.
    The SP graph is quietly moving higher without much fanfare.
 
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