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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 20, 2015 1:00pm
95 Views
Post# 24209163

RE:RE:RE:RE:RE:News

RE:RE:RE:RE:RE:NewsI'd be happy with some nice financials for a while. Investors are currently sick of the acquire through growth accounting shell game that Valeant made popular. NHC, PHM, Concordia, Valeant - it's al the rollup companies that are getting hardest hit simply because they have too much business development and not enough organic earnings growth.  A 20% rise in organic earnings would probably help a drug company much more in this market than another acquisition or licensing deal. Short sighted I know, but I am growing tired of these roll up companies slaughtering the whole sector because they think they can put one over on investors with an elaborate shell game. I hope Nobilis and PHM go to zero. Someone will have to explain to me - outside of using the word 'synergy' - why a bunch of garbage piled into a huge pile of garbage is worth more than the sum of its parts. *shrug*

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