Post by
GoldenArm1 on 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 flow. Results so far have been excellent and will probably get better. Jim Sinclair (RIP) was positive of this.
I have now doubt that with 2 mills online and the Tailing Storage facility production will get a boost and this will make TRX self sufficient in expanding production.
In my opinion, we are looking at $1+/shr by the end of Q3 when financials come out is 3 months. It could happen sooner, in April, when they report Q2 in about 10 to 14 days