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.

TSX:TRX - Post by User

TRX Gold Ord Shs > TARGET PRICE $ 3.60 (30X EARNINGS 12 CENTS)

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Comment by kingposton Apr 13, 2015 11:37am

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Post# 23623318

RE:TARGET PRICE $ 3.60 (30X EARNINGS 12 CENTS)

choices999 wrote: The top price for Tribute for possible earnings of 12 cents per share in 2015 is $ 3.60 based on a multiple of 30 times earnings. Of course they will do more than just this activity and add as they go along so 2016 would look even more interesting.

jmho

Deffinitely in the realm of possibilities...GLTA

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