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 > Tanzanian Gold Corporation Announces US$21.4 Million offerin

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Comment by GoldenArmon Feb 10, 2021 2:01pm

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RE:Tanzanian Gold Corporation Announces US$21.4 Million offerin

Several Institional Investors is what I heard and bought the dip and today up strong. The money will be used to ramp up production and we are on the way. I would think by end of this year it should be $6 to $8 based on production estimates and the normal multiple producers get. TNX has been held down but not anymore. IMHO and GLTA

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Two micro-cap stocks with strong fundamentals