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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 Wellsitteron Aug 13, 2010 5:09pm
482 Views
Post# 17349943

RE: RE: RE: TRE Stock

RE: RE: RE: TRE StockLudwig, obviously you have mistaken me for something that I am not. I have owned TNX since before James Sinclair bought his position. You can't even conceive what my cost was on the final 2000 shares that I recently sold but suffice to say that I made a very significant profit that was earned over a decade as an earnest "investor".

TNX is far and away my longest holding. If I had traded more frequently over the years, I'm sure that my recent profit could have been significantly larger simply by selling into strength and buying back in days of weakness.

Not often have I held tight to a situation like I have with TNX. But if you can read a chart, you will notice that I could have sold this position a year or more ago at similar prices and bought back at sub $4. If it doesn't hold true this time, I'll just deploy the funds elsewhere as I have in other situations over the years.

Keep your condescension for your family reunion.
Bullboard Posts