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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 kuatoliveson Feb 02, 2016 12:54am
94 Views
Post# 24515074

RE:RE:RE:RE:RE:RE:RE:RE:So - Buy TRX Now or

RE:RE:RE:RE:RE:RE:RE:RE:So - Buy TRX Now or$20USD would put us at $3.80 CAD with currency conversion in there. In addiion to the aformentioned drugs, Aralez will have Bilastine and Yosprala coming online this year, plus whatever the warchest buys; so a doubling in 2016 isn't unreasonable depending on market sentiment. Assuming we hit the ground running somewhere between $7 and $11, I think $20 by the end of the year (assuming the market doesn't crater) is a possibility. This is why I think it would be in Depomed's best interest to make an offer sooner than later, but my sentiment towards ARLZ will be the same as it was for TRX - I want some real growth there before Adams pulls the trigger on a merger or sale.  Need to see some real green here.
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