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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 Sep 25, 2015 4:15pm
142 Views
Post# 24136753

RE:Big Picture

RE:Big PictureLooked like a full on biotech slaughter today. Concordia seemed to take it worse than anybody. This can't all be because of Hillary's stupid tweet I'd hope. Interesting that retail investors can now get into Aralez for roughly the same price as Deerfield. Also interesting to see that the market now values POZEN at roughly the same price as it did before the merger and relocation was announced, which should tell you something about the volatility of market sentiment. Sucks yeah, but remember it's on no news and sector wide, so there's nothing really anyone can do. If the stock is still in the dumps by the end of 2016 (After the merger, after Yosprala etc) then I'll consider taking another look.  Wondering if we'll see a burst of M&A in the next little while - pharma companies have deep pockets and valuations are looking cheap across the board. I still think TRX is ripe for a competing offer .....





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