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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 Jan 13, 2016 1:31pm
96 Views
Post# 24454475

RE:Will this deal go through?

RE:Will this deal go through?We can't get a better deal at this time - M&A activity in pharma is trending down.  

However I'm not as negative as BigBoy about the future of Aralez and i think it will end up around $2 or be one of the most undervalued pharma stock in N. America.  The trajectory of growth suggests at least that and no matter what the economy is people need to purchase drugs.  And as long as the organic growth is real and Yosprala get approved this year TRX will be fine.  If we were in the glory days of pharma it would be a 5 bagger.  Remember Aralez will no longer be on the venture.  That alone will give it greater exposure and access to market capital.
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