Bullboard - Stock Discussion Forum Torex Gold Resources Inc TORXF

Primary Symbol: T.TXG

Metals & Mining Gold

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... see more

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Torex Gold Resources Inc > I hate the fact the US investor class hates gold and they

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Post by drunk@noon on May 11, 2024 6:29pm

I hate the fact the US investor class hates gold and they

are ready to pounce and short it when they feel the time is right. You would think if instead of selling, they jointed the buy side this thing would launch. Instead things like Friday happen. The GDX has just started to move and breeched crucial restistance. And the price was flying in the moring . Up to close to 40 dollars before ny opening and hung around 30 for much of the day. But guess, what. GDX and GDXJ WERE DOWN FOR THE DAY!!! On a critical day when they had breeched upside resitance, and gold moving up strongly, there was no ratioaal reason for GDX and GDXJ not to move.