Torex Gold Resources Inc T.TXG

Alternate Symbol(s): TORXF

Metals & Mining Gold

Torex Gold Resources Inc. is a Canada-based intermediate gold producing company, which is engaged in the exploration, development, and operation of its 100% owned Morelos Gold Property. The Morelos Gold property covers an area of approximately 29,000 hectares in the prospective Guerrero Gold Belt located 180 kilometers southwest of Mexico City. The Company’s principal assets are the El Limon Guajes mining complex (ELG or the ELG Mine Complex), comprising the El Limon, Guajes and El Limon Sur open pits. The Company also hosts the Media Luna deposit, which is an advanced stage development project located approximately seven kilometers from ELG. The Company’s El Limon Guajes underground mine includes Sub-Sill and El Limon Deep, and processing plant and related infrastructure, and the Media Luna deposit.

TSX:TXG - Post by User

Torex Gold Resources Inc

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Comment by challenger426on Jan 09, 2018 8:21am

156 Views

Post# 27311547

RE:upgraded

Remember that before the blockade news in early November, TXG was trading at around $18 with the price of gold near $1280. Gold is now higher at $1315. If TXG can resolve the Union issue, we can easily see a 50% jump in the share price from its recent low. Yesterday's volume tells me smart money has entered the stock believing that the blockade will soon be over.

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