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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 Eizenbergon Aug 24, 2022 7:19pm
154 Views
Post# 34918491

RE:RE:RE:Good volume action and uptick

RE:RE:RE:Good volume action and uptickLooking at the chart, i did not see any previous split. The stock price was below $1 many times and for years without any reverse split, so i do not think they would do such a thing.

GoldenArm wrote: Thumbs up Eizenberg. 1000TPD+ is a good start but small. With the deposit they have 100,000TPD+ is what is going to send TRX into High double digits. This has been a long time coming and I've averaged down and I'm finally in the green but not selling anything until production is well established and growing.

On a separate note, I'm wondering if they would consider a 1 for 2 reverse split, to take the share price well over a dollar. Just a thought.


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