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TRX Gold Ord Shs T.TRX

Alternate Symbol(s):  TRX

Metals & Mining Gold
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

TRX Gold Ord Shs > TRX Gold Reports Best-Ever Drill Result...
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Comment by JamesFon Oct 25, 2024 12:55pm
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Post# 36282277

RE:RE:TRX Gold Reports Best-Ever Drill Result...

RE:RE:TRX Gold Reports Best-Ever Drill Result...Hello Mr. austrochris1, greetings from Germany!

I do not know about "the pearl thing," however, I do like the direction of the company, and Management.  The question remains, how many more ounces?  It is my understanding, that the company will also be grilling to define more targets, more definition drilling.  Good is, that the company is debt free, financing itself at present.  I am not a fan of dilution, but I know, that Management has a very strong financial background.  I did "average down" this year, back into the company, as I am a long time small private shareholder.  The results speak for itself, and eventually the stock should get more noticed, maybe even a "rerate."  Time permitting, please see my profile, I am a holder...

Regards,
JamesF

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