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TRX Gold Ord Shs V.TRX


Primary Symbol: 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

Comment by Natrav54on Jun 18, 2015 1:29pm
124 Views
Post# 23844828

RE:RE:RE:RE:TRX vs. CPH

RE:RE:RE:RE:TRX vs. CPH
Personally I like this long term still. Newco will grow with good talent running it for sure. $210 mill market cap is peanuts for this industry. If you own TRX, your stake will still double or triple from these levels in my opinion over time. My discussion of a pullback is only a short term thing. I bought it initially for those that run TRX. Will still bet on them. Although a pullback of 20% from these levels cannot be ruled out, I still think its a long term winner. They know how to build a company and have good contacts in this industry
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