TGZ 0.00% $3.30 teranga gold corporation

Looks as if someone is trying to support the share price with...

  1. 11,118 Posts.
    lightbulb Created with Sketch. 627
    Looks as if someone is trying to support the share price with their buy order of 100k shares at $2.70, otherwise there would be no support.

    The way things seem to heading, I think they may do a $70-100m capital raising at CAD$2.50 to help fund the Banfora project. Hopefully they do not proceed with the project until the share price has recovered and they can then raise funds at a higher share price.

    loki (its the early bird that catches the worm)
 
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Currently unlisted public company.

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