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TRX Gold Ord Shs 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

Bullboard Posts
Comment by FriendlyWolfon Aug 13, 2007 9:53pm
234 Views
Post# 13240109

RE: More news

RE: More newsbogi, I hope you are aware of where this company stands now. There is no diamonds. There is no copper. The last chance is nickel. If the Chinese walk away, the company will collapse to $1 per share. If there is nickle, I will be amoung the first to know and will be back in. The risk reward is just too high for me know. I have no problem going long after USD$5.96. Until then, the shorts are having fun.
Bullboard Posts