Anyone know anything about this junior gold explorer in China?
They are undertaking extensive drilling in Northern China on the Tianshan belt stretching across the top of China.
With the consolidation of gold producers in China - ie, SGX swallowing up GSX, could TGF be something to look out for?
Taking a look at their website their Top 20 Shareholding (comprising of approx 80% of the total shares) is held by mostly institutions, ie Macquarie, HSBC, ANZ, Merrills the list goes on...
The shareholding is so tight that volumes are very low, not very liquid, but could be a share to put some $$ and put in the bottom drawer?!
Could also be open to Institution manipulation with such low volumes...