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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 > Short positions
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Comment by GoldenDilemmaon Sep 29, 2015 3:21pm
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Post# 24146307

RE:RE:Short positions

RE:RE:Short positions
kuatolives wrote: Apparently the company is worthless for ... no ... real ... reason. Yay stockmarket!!
Doubt there are many short sellers at these levels - you'd need some big balls to take a short position after a precipitous drop like this for no real reason. 


I disagree.  The entire summer was a great opportunity to be short on POZN (volume wasn't too hot and no news).  And now with the Hilary thing - perfect.  

End of Aug when the double top formed on both charts, I had a bad feeling about things.  And then after the big pull back and price climb to 1.90/$10 head and shoulders formation.

But, aside from that on a technical level... POZN has a pretty low float.  Low float stocks are gonna rip upwards on high volume as much as they'll drop on low volume...


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