Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 20, 2015 12:41pm
81 Views
Post# 24209034

RE:RE:RE:News

RE:RE:RE:News
The war on biotech continues. Looks like Pozen's negotiators for Vimovo royalties were smart enough (or lucked into) protecting themsevles against any regulatory changes in pricing as Pozen receives a fixed floor amount.

Aralez might do themselves a favor by not getting too greedy on Yosprala pricing as to protect themselves against any regulatory changes made to the Prescriptions Made Easy program. Like with Horizon, earnings will fly  high enough to lead to a huge stock pop, only to crash down (like Horizon) at the first hint of further regulation.

Assuming the merger goes through, keep a close eye on the initial pricing of Yosprala. If they get too greedy, I might wait for approval to take my exit point on this equity. If they keep the price reasonable, they should insulate themselves
against kneejerk regulatory changes.

Horizon, Concordia, Valeant, they are all looking damned tempting right now, but all it takes is some stupid senator to propose a bill to neuter Prescriptions Made Easy, and watch their value tumble hard overnight. Much too much risk for me, but then again this is why the price is where it is. As for Tribute, I again question their eagerness to play this game with regulators when they have a nice oganically driven business going with lots of reasonably priced Canadian drugs. If this merger falls through, TRX will be trading at $1.70 in no time, in my opinion.

<< Previous
Bullboard Posts
Next >>