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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
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Post by javaman12on Dec 16, 2023 11:53pm
435 Views
Post# 35788583

A Good Entry Point!

A Good Entry Point!Fundamentals are sound and getting better! Technicals indicate the same on a longer term chart!

The share float is small. Once the new mine gets fully into production, it could become, a share, buy back time!

                                       The share price has significantly corrected!

                                 Thinking longer term, I bought in at this cheaper price! 

                                                Torex Gold is also a good M&A target! 

                                                             Later it will cost more!

                                                                   Wish me luck!

                                                                  All the best! Java


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Dealroom for high-potential pre-IPO opportunities