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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 07, 2015 9:57am
116 Views
Post# 24171063

RE:RE:RE:Also Back In

RE:RE:RE:Also Back InIf the whole sector hadn't been ubiquitously hammered, I'd throw some powder in other directions, but I think investors are looking for catalysts now, and as far as I know, POZN/TRX has a chance of being first to that table with the merger. I have to do some more research on that CXR bought financing deal as the market *really* didn't like it. Grwoth by acquisition seems to be falling out of favor compared with organic growth which is why I wouldn't mind seeing TRX standalone again. Merus is still a dog in my opinion. I bought a bunch of shares at $1.70 over a year ago (before selling them) but wouldn't have made a nickel in all that time. I think Fishman has said expect 0 organic growth for the next 2 years - not something I like to hear.  Horizon is probabaly a deal at these levesl, but investors are scared about their high priced drugs.

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