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TRX Gold Ord Shs 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.


TSX:TRX - Post by User

TRX Gold Ord Shs
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Comment by greenpastureon Dec 30, 2005 1:35am
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Post# 10096686

RE: How about this for an explanation?

RE: How about this for an explanation?Today the TRE anouncement could explain why TRE has moved above the 5.00 US level to "prepare for option trading" after trading 16 million shares on the US side and 4 million on the Cdn side since the 16th Dec. I am not sure what the rule is in the US, but we need a certain level of trading in order to trade options in Canada. The Options will trade on Jan 20 th (day after option expiry) z:aye q:arba z:wtr q:crzo q:dsco q:epic q:orct q:pcyc q:sigm z:tre z:vip ................................... NOTE: Every on of these announced are trading above 5.00 US except for PCYC which fell from 9.00 on the 16th. Most are in the 10-40 dollar . TRE looks out of place with a .72 yr low and a 6.65 yr high but that tells me smarter people than I know where TRE , TNX is really going. My bet is the move up was to get this in place and will hold a very strong level well into Jan 21 .. with small 10-20% retraces before reaching new highs. GP
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