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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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(11)
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Comment by Franschoekon Aug 08, 2019 11:18pm
146 Views
Post# 30009410

RE:a lot more upside

RE:a lot more upsideIt is weird.
i just ran numbers for Q3  based on Q2 costs and production, and Q3 EPS at 1450$ gold is 0.32/ share.  Q2 EPS was 0.12.  Usually the market rewards that kind of EPS appreciation.  Personally I think this is one of the most undervalued miners in the Western Hemisphere.  Maybe the market doesn’t believe 1450 sticks?  Looks like a floor to me.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities