TRX Gold Ord Shs T.TRX

Alternate Symbol(s): TRX

Metals & Mining Gold

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: Buckreef South, Buckreef Main and Buckreef North. The Company produces gold at its 1,000 tons per day processing plant. Its gold development operations include the Sulphide Development Project, in which the sulphide ore encompasses over 90% of the Buckreef Main Zone's two-million-ounce gold measured and indicated mineral resources. The Buckreef Project hosts an NI 43-101 measured and indicated mineral resource of over 35.88 million tons (MT) at 1.77 grams per ton (g/t) gold containing 2,036,280 ounces of gold and an inferred mineral resource of 17.8 MT at 1.11 g/t gold for 635,540 ounces of gold.

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TRX Gold Ord Shs

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Comment by greenpastureon Jan 29, 2010 3:42pm

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Post# 16734082

RE: Now you believe ..

That dome on the S and P looks like something I have seen before. Until one steps back and sees the roll over, sometimes we fail to recall just how far the move has in 10 months. For sure that recent jump in TNX was a false move for some to sell into and leave others holding the bag for a few months. Actually it should have stayed closer to 4.40 supporting the uptrend top in Aug and Nov so certainly a fall to 3.20 would be in the up channel from Sept.

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