TRX Gold Ord Shs T.TRX

93 cents?

[Teakbois]

Will somebody pleeeese feed this dog!!

[JediStockTrader]

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[POG1200]

Lots of gold miners have lost lots of value over years of time for many reasons.  That all means nothing now.  There is going to be fresh money shoping this sector.  I think there's going to be a lot of reasons why the new producer Tangold will attract some portion of the fresh money.  So much concerned with Tangold Corp points to growth, perhaps most significantly, the

[Teakbois]

This year has already seen tons of money flowing into the junior sector. In January one could have thrown darts at a list on the wall and come up with stocks that are 2x, 3x, 4x what they were. Now take TRX.....the price hovered around 80 cents us for most of last year. Gold started the year out at 1300, it is now 2000 at 53% gain. A 53% gain on TRX would be $1.22. Thats if it was going up with

[POG1200]

TRX is a spec for sure.  In my mind better than an explorer since it is now a producer.  The dilution wiped out a lot of debt.  You didn't mention that.  Very good for a company not to have so much debt.  Also, the next news on the horizon is they become cash-flow positive.  They can't finance a deep operation without generating capital to expand.  They

[Teakbois]

Cash flow positive....this quarter. Its a start. the question is will it be significant? Reminder......JS has said he would rather store the gold than sell it.  

[POG1200]

How about paying gold out for the dividend like Goldcorp used to do?  (Cart before the horse here a bit, but fun to talk about...  Would probably draw some share buyers if TRX could put that in place...)  If the price trend for gold is up, then storing the company profit in gold sounds like a good idea.  Cash in the bank is trending down in purchasing power.  This is the