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.

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Torex Gold Resources Inc > Does this mean production is going down

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Comment by Dixiedeeon Nov 11, 2024 11:05pm

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Post# 36307642

RE:RE:Does this mean production is going down

It has fallen with the other gold stocks but I have some concerns with its production being reduced
temporarily I hope but it is being reduced and how big its derivative book is it lost 42 million in the 1st 3 Q of 2924 on derivatives (forward sales ) how big is this book and when does it expire I need to find this out before I would invest in TXG It seems to be overpriced for todays market but if I can get the derivative info I could make an informed decision on its value and purchasing point

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