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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 Bigboyoneon Oct 27, 2015 6:08pm
90 Views
Post# 24232247

RE:short attack

RE:short attackIts frustrating, almost easier to watch ice melt...looks like we are going to hovering at a range, near the 52 week low.
It will perk up,only- after (if there is ) merge. 1. Marketmakers unload the (short) shares they hold abd buy into marketplace, or their (air shares) value go to zero. Also specialty Shortsellers (Institutions )have to cover, as (only) all shareholders of record  for Pozen and Tribute will get new Aralez stock.
I dont anticipate a big pop on the merge either as this sector is pretty badly beaten up.
I hate to say it, until elections (2016) take place USA, we are not going back to 52 week highs.
Its best not to look, especially as I see other sectors moving higher (wish my $ was in memory chips or memory wafers-) Many of us unhappy-
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