TRX Gold Ord Shs V.TRX

Primary Symbol: 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 > He has around triple that number to go

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Comment by Tunee70on Feb 22, 2015 5:32pm

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Post# 23453149

RE:He has around triple that number to go

Transaction
Date Insider Name Ownership Type Nature of Transaction Security Price ($) Units Change* Account Balance

Feb 19/15 Harris, Robert Paul Direct Ownership Warrant exercise Common Shares USD 0.500 312,500 6.6% 5,062,500

Feb 19/15 Harris, Robert Paul Direct Ownership Warrant exercise Series A Warrant 0.00 -312,500 -100.0% 0

Feb 19/15 Tenney, Arnold Indirect Ownership Warrant exercise Common Shares USD 0.500 125,000 13.3% 1,067,700

Feb 19/15 Tenney, Arnold Indirect Ownership Warrant exercise Series A Warrant 0.00 -125,000 -100.0% 0

Feb 18/15 Goldman, Steven Harold Direct Ownership Warrant exercise Common Shares USD 0.500 275,000 42.3% 925,000

Feb 18/15 Goldman, Steven Harold Direct Ownership Warrant exercise Series A Warrant 0.00 -275,000 -100.0% 0

Feb 18/15 Langille, Scott Indirect Ownership Warrant exercise Common Shares USD 0.500 31,250 0.5% 6,843,750

Feb 18/15 Langille, Scott Indirect Ownership Warrant exercise Series A Warrant 0.00 -31,250 -100.0% 0

Feb 17/15 The K2 Principal Fund L.P. Direct Ownership Public market buy Common Shares 0.700 1,000 0.0% 9,290,125

Feb 13/15 The K2 Principal Fund L.P. Direct Ownership Public market buy Common Shares 0.700 4,500 0.0% 9,289,125

It looks to me like insiders have exercised options, but i don't see any selling. They are excersising at 50 cents USD, if we start to see them sell it would be bad at current prices, however it could also mean something good as they seem to be adding to their positions. The ceo added 312 thousand to put his total over 5 million shares. What is the time frame between insider buys and when they can announce material news? If they start selling it may mean trimming, but if they don't, it may mean its time to load up. I'll post whatever comes up in my Ink reports over the next few days. They usually highlight companies in their morning reports with insider buying as investing ideas and it can bump the price up nicely. This week should tell the tale. Glta