tga

[par_putt]

TransGlobe Raised To Strong Buy From Buy By Fraser >TGA 02/02 07:47 AM

TransGlobe Target Cut To $18 From $19 By Fraser >TGA 02/02 07:47 AM

TransGlobe Raised To Spec Buy From Hold By Salman >TGL.T 02/01 03:30 PM

[dan_s]

It appears Mr. Fraser is a bit confused.

My Fair Value estimate for TGA is $20

[par_putt]

At least he got the strong buy part right..

[setliff]

fraser apparently doesn't swing much weight, tga down so far today. btw, i got back in with a bunch of sept calls.finally

[prince_jake_33]

News Release


A news release dated February 1, 2011, disclosing in detail the material summarised in this material change report was disseminated through the facilities of Marketwire (Canadian disclosure package) on February 1, 2011 and would have been received by the securities commissions where the Company is a "reporting issuer" and the stock exchanges on which the securities of the Company are listed and posted for trading in the normal course of their dissemination.


4. Summary of Material Change


On February 1, 2011, TransGlobe announced that it had closed its recently announced equity offering, through a syndicate of underwriters, of 5,000,000 common shares at a price of $15.00 per share for gross proceeds of Cdn$75.0 million.

[par_putt]

If you go to their WEB site , they have a news release and a really good presentation of each of the drill sites located on maps so you can visualize the holdings.

http://www.trans-globe.com/operations/index.php

[dan_s]

TGA told me yesterday that an operations update was coming out soon.