TRX Gold Ord Shs 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

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Post by santi69on Feb 06, 2016 4:54pm

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Post# 24532298

I was out 3 years ago.

As much as I admire Mr. Sinclair, I felt that he just had too many enemies out there and at some point it may become an issue. I believe he is correct in what will happen in time in the markets. (JS Mineset)

Now with the change in the Government one or two trouble makers try to throw out the rule of law and run amok. I believe the real Government will step in and do what is legally required of them but unfortunately this will take time.

The remaining shareholders unfortunately are going to have to accept this additional risk of illegal mining in Tanzania on their properties. I am sticking with Australia and Colombia myelf.

Best of luck though to those who remain.

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