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Torex Gold Resources Inc T.TXG

Alternate Symbol(s):  TORXF

Torex Gold Resources Inc. is a Canada-based intermediate gold producing company, which is engaged in exploration, development, and operation of its Morelos Gold Property. The Morelos Gold property covers an area of approximately 29,000 hectares in the prospective Guerrero Gold Belt located 180 kilometers southwest of Mexico City. The Company’s principal assets are the El Limon Guajes mining complex (ELG or the ELG Mine Complex), comprising the El Limon, Guajes and El Limon Sur open pits. The Company also hosts the Media Luna deposit, which is an advanced stage development project located approximately seven kilometers from ELG. The Company’s El Limon Guajes underground mine includes Sub-Sill and El Limon Deep, and processing plant and related infrastructure, and the Media Luna deposit.


TSX:TXG - Post by User

Bullboard Posts
Comment by Borisonon Sep 01, 2010 9:48pm
462 Views
Post# 17406377

RE: Torex = double digit stock

RE: Torex = double digit stockI'll go with your prediction Caliche. I've also held this for years (since Hyder believe it or not, but don't own as much as you unfortunately) but not sure if I've ever posted here. Over the last two years I've watched this go from a well-groomed shell to a very serious, big-league play. How often does one of your small junior picks turn into something massive? Not often - but this is one of those home runs that simply don't come around everyday. Large insider and institutional holders here - and both are not in this at $1 to see it go to $1.30...those guys don't invest big money like that unless the reward is something far far great than the current share price. World class project, world class management, tons of cash on hand, right location, John Kaiser pick...many things to like here. JMHO
Bullboard Posts