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.

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TRX Gold Ord Shs > Merger

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Comment by AbNormAlon Oct 21, 2015 1:33pm

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Post# 24212408

RE:RE:Merger

About that merger "vote" that no one seems to have full awareness of, is that legal? To hold a vote of this super-material nature without all shareholder involvement seems adsurd to me.

kuatolives wrote: Hard to know since transparancy has evaporated. Nobody seems to have heard of a vote, but a filing on Sedar seems to suggest it already happened on Oct9th.

I'm utterly speechless watching Valeant and CXR today. I can understand why the whole sector is being dragged down into the muck by these guys (stop losses, circuit breakers, margin calls etc ETC ETC), but to see the punishment Valeant is getting - while AFTER BEATING expectations - is just something I've never seen before. Those high P/E's are punishing shareholders hard.

Hard to say what Deerfield is thinking. If the merger had been approved we would have heard something. If it hasn't been, Deerfield must be making some phone calls. Interesting times, if not very profitable. Watch and see I guess.