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Torex Gold Resources Inc T.TXG

Alternate Symbol(s):  TORXF

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

Post by drunk@noonon May 11, 2024 6:29pm
133 Views
Post# 36035484

I hate the fact the US investor class hates gold and they

I hate the fact the US investor class hates gold and theyare ready  to pounce and short it when they feel the time is right. You would think if instead of selling, they jointed the buy side this thing would launch. Instead things like Friday happen. The GDX has just started to move and breeched crucial restistance. And the price was flying in the moring . Up to close to 40 dollars before ny opening and hung around 30 for much of the day. But guess, what. GDX and GDXJ WERE DOWN FOR THE DAY!!!  On a critical day when they had breeched upside resitance, and gold moving up strongly, there was no ratioaal reason for GDX and GDXJ not to move.
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