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 > Standalone revenue projections

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Comment by kuatoliveson Aug 11, 2015 10:36am

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Post# 24006693

RE:RE:RE:RE:RE:RE:RE:Standalone revenue projections

More like POZN riding the tails of TRX. I think POZN was at something like 7 bucks before it merged with TRX. Had the merger not occured, TRX would be trading around $1.60 today. One of the nice things about the merger is the ability of TRX shareholders to pull the plug if POZN does anything stupid in the meantime. Merus, though, stated their revenue would be flat until the end of 2016. Dunno if I'd call that a buying opportunity. Just saying.

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