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 > Sector slaughter a good thing?

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Comment by GoldenDilemmaon Oct 31, 2015 8:37pm

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Post# 24247539

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

No need to get carried away here.

Remove your expectations and adjust your target price, if necessary... and depending on how long you want to hold. I'd be happy with $2.75+

Things will be good early 2016. Sooner if we get positive news on merger this year.

It's really no big deal IMO that now there is 12.5% interest on 200 million. Aralez will be generating revenue especially with the projected income from Yosprala. Deerfield just wants a piece of the glory as well.

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