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

Bullboard Posts

Comment by Franschoekon Aug 01, 2020 10:41pm

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Post# 31354774

RE:RE:RE:Just learned this about TXG

All depends on the POG. The 9000 collared ounces represents a small percentage of the quarterly production. Even all the mark to market line items combined will not offset the gains from 2000$ gold. I expect earnings slightly above guidelines(which I think were withdrawn). The problem is that there will be some stark comparisons between producers who have shown early advantage in this bull run, and those that struggled. 4th quarter I expect to be massive.
Frans

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