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TRX Gold Ord Shs T.TRX

Alternate Symbol(s):  TRX

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.


TSX:TRX - Post by User

Comment by GoldenArmon May 06, 2021 12:01pm
258 Views
Post# 33141102

RE:Another Yahoo TRX No-Post

RE:Another Yahoo TRX No-PostThat post has no knowledge backing it. Yeah there are a lot of shares but they are tightly held (the state owned shares are non dilutive).

TRX or TNX gets no play because of the many transistions this company has faced. First an explorer, then a royalty and then a miner and explorer. Now they are producing hold, have a better management and promotion team in place.

Gold was bashed down for no reason and now it is up over US$1800 and TNX has shallow gold deposits which means lower costs. I maintain my thinking that this should be a $4 to $6 stock.
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