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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 Floridas2000on Nov 11, 2015 8:47am
67 Views
Post# 24280324

RE:Simple math for a YES

RE:Simple math for a YESA day to remember indeed.  Let's not forget.

Thank you for sharing this, we know why the stock got hit yesterday - it was because of this report.  Long term it's inconsequential, just one day fluctuation.  That .1455 number is the multiplier for Tributes shares not the share price unless I'm wrong.  It reduces the number of outstanding shares for Tribute under Aralez so that you get the 66 - 34% split.  It links the two stocks together.

Gravitymatters wrote: At Dundee's "reduced" target, erring on the side of caution gives us 11.00 x.1455 equals 1.60 U.S. times exchange of 1.326 equals 2.12 ,before New catalysts. I'll take the DEAL. Conservative upside 12 months, 3 dollars Canadian. My opinion, I'M VOTING YES. 
       A DAY TO REMEMBER THE COST OF FREEDOM 


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