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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 Oct 06, 2015 9:53am
141 Views
Post# 24166809

RE:RE:Who's Selling?

RE:RE:Who's Selling?The merger has to either get done or get cancelled, in my opinion. This no man's land isn't helping anyone given current biotech sentiment. If the merger gets cancelled, expect a huge TRX rush back to about $1.70 and an obliteration of POZN. If when the merger goes through, I'd expect some pop with ARLZ followed by more doldrums until financials/BD/Yosprala.  I expect another kick in the teeth with POZN reports its next quarterly results as they're ramping up staff for 2016, salaries that will not be offset by new revenues as well as dealing with other merger costs. We could very well be dead money until summer 2016 but that's ok if the return is what we think it is. Just gotta be patient .....
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