TRX Gold Ord Shs V.TRX

Primary Symbol: T.TRX Alternate Symbol(s): TRX

Metals & Mining Gold

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.

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TRX Gold Ord Shs > what are we missing here

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Comment by kuatoliveson Feb 05, 2015 2:32pm

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Post# 23400539

RE:RE:RE:RE:what are we missing here

People (and computer programs) have their own reasons for selling all the time, many of which are unrelated to the fundamentals - if they even know what the fundamentals are. TRX is still relatively unknown and you can see it in the trading volume - bursts from new buyers sporatically breaking up long periods of inactivity (like today). Owners of TRX seem pretty entrenched though. Hardly anybody selling into the top board bids. Everyone I think knows the floor is soaked with gasoline waiting for that one spark. Just gotta wait.

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