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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: 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.


TSX:TRX - Post by User

Bullboard Posts
Post by greenpastureon Jul 07, 2010 8:01am
365 Views
Post# 17249499

Swap and Lease

Swap and LeaseI think Sinclair explained the difference between swap and lease quite well. As usual the anti gold commentators are ignorant of what really happened in this swap that just occurred. Good chance for them to pull the golds down with the rest of the market but like Oct 2008, Gold will keep the upward move. 2008 is still to fresh in minds... I do not think we will see anything like that  again for a number of years or see gold back to 1000 or 1050 like some are talking about. Pretty good drop here after an 8 week up move. Gold / oil drops are to be taken advantage of IMO.
Bullboard Posts