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.

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TRX Gold Ord Shs

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Comment by JohnRBon Sep 06, 2010 7:23pm

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Post# 17418100

RE: RE: Nice move up!...sure...

Interesting comparison Bogi. Jaguar has 1.8 million proven ounces, compared to I believe its 100,000 for TNX, yet TNX market cap is higher than Jaguar, about 500 vs 600 million. (approx.). Jaguar also has 350million on its balance sheet in equity, so, pretty healthy there.

TNX did make it to 10 bucks before with no revenues, and 100 thousand proven ounces. Maybe with a bit of production 30 bucks will happen. With such a rich market cap. ,it's almost like someone know's something the average shareholder is not privy to.

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