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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 POG1200on Apr 14, 2023 1:40am
151 Views
Post# 35394550

RE:At 5500 oz we should be at

RE:At 5500 oz we should be at
After you have your physical in hand, good PM stock plays like TRX make sense.  TRX is a growing producer where the price for their product is rising.  If you think gold will continue up and you have enough physical PMs to get you through a currency reset, shares like TRX will skyrocket with the onset of a currency crisis.  Gold-mining companies like TRX will be showing impressive profits if the price of gold is hundreds of dollars higher.  Undeniably, the storm to cause a much higher price of gold is simmering, while a soon-to-be boil seems realistic considering all that is happening.
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