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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 31, 2015 10:59am
63 Views
Post# 24246578

RE:RE:RE:RE:Sector slaughter a good thing?

RE:RE:RE:RE:Sector slaughter a good thing?The Longer it takes to get sugar coated aspirin approved, by missing documents, shows me, they are not ready to make the next step. These are not stupid people.  It seems alot of the positives are starting to unravel and the insitutions are seeing that, hence the low level prices.  The Interest that Deerfield is now getting 12.5% is not out of reason, its about prime, plus a few%. I would surely love to have back that 25 mil.
The first order should be to get out the sharholders vote on the merge.  We have 60 days left in 2015, can it be done? Kuato made and excellent point, and in theory , yes, the down market leads to more opportunity and better prices for buying, but thats with a Mgmt  team, thinking clearly.
I still like our chances, but I think we will be sitting alot longer then anticipated. 
Mid to Late 2017- more likely in my eyes
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