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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 Kooleron Jan 20, 2012 12:56pm
641 Views
Post# 19427407

why TXG is moving ..

why TXG is moving ..

If you compare the chart between TXG and the POG since Dec 14, 2010 when TXG closed at $1.41, you will notice that TXG has gone up aprox. 45% while POG has gone up about 20%. Not bad, eh! It also looks like we're about to break the last resistant at $2.00 for good? Blue Sky Ahead...

Support/Resistance
Type Value Conf.
resist. 2.00 3
supp 1.90 5
supp 1.75 6
supp 1.72 7
supp 1.66 5
supp 1.61 2
supp 1.51 3
supp 1.49 2
supp 1.43 2
supp 1.41 4
supp 1.35 2
supp 1.27 2
supp 1.25 2
supp 1.23 2

https://www.stockta.com/cgi-bin/analysis.pl?symb=TXG.C&cobrand=&mode=stock

Bullboard Posts