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 > Why is the share price dropping?

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Comment by Bigboyoneon Nov 10, 2015 10:13am

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Post# 24276750

RE:Why is the share price dropping?

Throw Technicals (Even though we are trending up!) and Fundamentals(Great earnings and potential) out the window.
Right now the market does not care what our 3rd quarter earnings are. The Level II Marketmakers, for Pozen and their Institutions are just following their daily trade needs. We follow along.
They wield more power then us little folk..and today is a day they choose to bring some more stock in,.. (Down).

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