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Bullboard - Stock Discussion Forum TRX Gold Ord Shs T.TRX

Alternate Symbol(s):  TRX

TRX Gold Corporation is a Canada-based company, which is advancing the Buckreef Gold Project. The Company is engaged in the exploration, development and production of mineral property interests in the United Republic of Tanzania. The Buckreef Project's prospects include Buckreef, Bingwa, Tembo, Anfield, Eastern Porphyry and Buziba. The Buckreef Project encompasses three main mineralized zones... see more

Bullboard (TSX:TRX)

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Post by GoldenArm1on Apr 23, 2024 10:59am

Crushing unit

The Company substantially completed construction of the new crushing circuit as an initial phase of the plant expansion project to 2,000 tpd. This will be the Company’s third successful mill expansion ...more  
Post by GoldenArm1on Apr 17, 2024 9:12am

Flirting with 2400/oz

Already up a cent in pre-market. With US economy slumping and Senate refusing to following rules on impeachment (GOP will not pass spending measures if impeachment process not followed) safe haven is ...more  
Post by GoldenArm1on Apr 16, 2024 3:04pm

Getting noticed big volume

Big volume on Amex while TSX is good for Arbitrage. If you hold this on the Canadian side of your account move it to the US side. Better volume means better price, just a FYI. I'm not selling ...more  
Post by Betteryear2on Apr 15, 2024 7:27pm

TRX Gold Expects Significant Growth

TORONTO, April 15, 2024 (GLOBE NEWSWIRE) -- TRX Gold Corporation (TSX: TRX) (NYSE American: TRX) (the “Company” or “TRX Gold”) today reported its results for the second quarter of 2024 (“Q2 2024”) for ...more  
Post by GoldenArm1on Apr 15, 2024 9:04am

Q2 2024 is out

They basically got 800+oz less out of the ground and sold 800+oz less than last quarter. Still, they turned it into a net income of 1.9M. Almost 0.01/shr. this quarter. BIG NEWS: Gold from the ...more  
Post by GoldenArm1on Apr 12, 2024 10:23am

Gold breaks through $2400/oz

Other than TRX my other gold stocks are way up today. US economy is in trouble, Iran threat (could be just a BS story to reverse US fip flop on Israe/Gaza side. Biden's government is the most ...more  
Post by GoldenArm1on Apr 09, 2024 9:51am

Cash Flow - revenue generation

Given that TRX is generating positive cash flow which is enough to fund further drilling and provide profit, they should, at $2300 to $2400/oz of gold, also look to acquire more land or perhaps small ...more  
Comment by GoldenArm1on Apr 08, 2024 10:01am

RE:Have a listen

If you clicked on the link and watched the video you get a good idea of where TRX is heading. I've been in and out of this stock since 2004 and I've made money and lost money. When they said ...more  
Post by GoldenArm1on Apr 05, 2024 2:30pm

Have a listen

https://youtu.be/ds6Jo1XhU1Q?si=VO39PsPJXbiuSl_I
Post by GoldenArm1on Apr 05, 2024 10:43am

New Territory Gold now above $2300

As mentioned the spike in gold price and the weak attempts to pull it down has pushed Gold into new territory $2300+/oz TRX is a gold producer and explorer. All exploration is now funded from cash ...more  
Post by GoldenArm1on Apr 03, 2024 10:57am

Quick calculations

Last Q4 they sold gold for 1920/oz and sold 4895oz  Cost of sales was 5.7M or $1165/oz Lets say they sell 4900oz and relaize a price somewhere in between 1900 and 2200 so 2100oz in Q1 Revenue = ...more  
Post by GoldenArm1on Apr 02, 2024 9:59am

Q2 2024 should be out in 2 weeks approx

The news will be good to on the verge of great. If prices of $2200 to 2300 hold or higher the Q3 results will be awesome! New 1000+tpd plant, the new crusher and the Tailing Storage will boost ...more  
Post by GoldenArm1on Apr 02, 2024 9:52am

Almost $2300/oz

Price is up but volume is low. By averaging down I'm almost breaking even. At $2300/oz TRX will be minting money and more so now that the new 1000+tpd plant is online