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Torex Gold Resources Inc T.TXG

Alternate Symbol(s):  TORXF

Torex Gold Resources Inc. is a Canada-based intermediate gold producing company, which is engaged in the exploration, development, and operation of its 100% owned Morelos Gold Property. The Morelos Gold property covers an area of approximately 29,000 hectares in the prospective Guerrero Gold Belt located 180 kilometers southwest of Mexico City. The Company’s principal assets are the El Limon Guajes mining complex (ELG or the ELG Mine Complex), comprising the El Limon, Guajes and El Limon Sur open pits. The Company also hosts the Media Luna deposit, which is an advanced stage development project located approximately seven kilometers from ELG. The Company’s El Limon Guajes underground mine includes Sub-Sill and El Limon Deep, and processing plant and related infrastructure, and the Media Luna deposit.


TSX:TXG - Post by User

Bullboard Posts
Post by dancheon Dec 19, 2011 11:44am
635 Views
Post# 19334560

Scotia Raises target to $3.50

Scotia Raises target to $3.50

Recommendation

¦

We believe Torex is a MUST OWN name in the exploration/developer gold group based on

growth potential of its 3.2 g/t high-grade resource, in addition to exploration targets "south

of the river" and the possibility of new phases of mineralization such as seen elsewhere in

the 15M oz Guerrero Gold Belt. Increasing 1-year TP to $3.50/share.

Bullboard Posts