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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 dmack17on Mar 30, 2005 10:55pm
180 Views
Post# 8836132

Its a free country ill go where i please

Its a free country ill go where i pleaseGeez my hair isnt even on fire yet!Firstly ill post wherever i please,you shouldnt be upset that i expose the truth about the fools gold sector.I am merely here to warn newbies.Why are you so worried,is your sector so weak?Really gold had a couple of good months from aug to nov 2003.Prior to that there was a long dry spell,followed by another long dry spell.If you didnt sell during that time,its doubtful you made money.When the time comes the mines will be nationalized and the soon to be broke mines will be bought up at pennies on the dollar.The gold stocks are merely foretelling this.I read Sinclair on a occasion but am amazed at how inaccurate his calls are on p.o.g.He makes statements like the gold stocks are about to set peoples hair on fire about 3 weeks ago.Did he mean this year,next year or someday over the rainbow?With the amazing amount of bad news and visible inflation we can now safely say,gold stocks do not protect against inflation nor are they a safe haven.Is that why no one in the entire world wants these things?Dont forget all america has to do is discuss changing policies,whether they do or not,and gold will drop like a lead weight.Considering everything,id have to say 425 p.o.g isnt very impressive.We also know Lassonde has said he and the cartel will cap it at 475.Try and remember to take profits,if you get any.Most juniors will lose you money and your odds are about 1 in 100 at best of hitting it big,worse than in a casino.My job is to merely warn newbies and small investors before they swim with the sharks and get fleeced.Oh well at least i still have my hair and i will go on record,gold stocks may cause you to set your own hair on fire but it wont be from joy.
Bullboard Posts