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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
Post by Harvey633on Apr 01, 2011 4:09am
637 Views
Post# 18371419

A question for anyone who knows....

A question for anyone who knows....Does anyone know how to put this in plain English?

Jim Sinclair’s Commentary

The madness will not stop. The situation is over the edge.

It is not a question of what going forward. The damage is done. Hyperinflation is assured.

The new reserve currency will be a virtual currency (average of allmajor currencies). It will be tied to gold via a worldwide M3 typeliquidity. It will not be convertible.

All situations like now resolve themselves via a commodity currency. That is the entire story.

Bullboard Posts