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TRX Gold Ord Shs V.TRX


Primary Symbol: 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

Comment by kuatoliveson Nov 29, 2014 1:10pm
114 Views
Post# 23177188

RE:$1.40 -$1.50 usd targets

RE:$1.40 -$1.50 usd targets I'm not really holding my breath on Bezalip, although it will be nice when that revenue comes on stream. They still have to get approved by the FDA and finish that process which will probably take another year, about the same time Bilastine will start selling, so late 2015, early 2016 should be good times for TRX, assuming nothing unforseen happens. While I'd like an announcement like everyone else, I'm content to wait for the next positive earnings report and eventual listing onto the TMX for some greater investor exposure; althought striking a Bezalip deal with big US pharma would put it on the map tomorrow. Just gotta wait and be patient I guess  zzzzzzzz.


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