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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Post by greener12345on Oct 08, 2010 5:52am

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Post# 17544015

tre

Tanzanian Royalty Exploration is Among the Companies in the Gold Industry With the Lowest Beta (TRE, HMY, OCANF, RGLD, GOLD)

Written on Fri, 10/08/2010 - 4:49am

By Chip Brian

Below are the top five companies in the Gold industry as measured by beta. Lower-beta stocks mean minimal volatility and are therefore generally considered to be a less risk and offer more stable returns.
Tanzanian Royalty Exploration (AMEX:TRE) ranks first with a beta of 0.5; Harmony Gold Mining (NYSE:HMY) ranks second with a beta of 0.5; and OceanaGold (NASDAQ:OCANF) ranks third with a beta of 0.5.
Royal Gold (NASDAQ:RGLD) follows with a beta of 0.6 and Randgold Resources (NASDAQ:GOLD) rounds out the top five with a beta of 0.7.
SmarTrend is bullish on shares of TRE and our subscribers were alerted to Buy on April 07, 2010 at $4.47. The stock has risen 62.6% since the alert was issued.