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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

Bullboard Posts
Post by christoon Feb 10, 2002 10:07am
521 Views
Post# 4756911

Re:this stock moving

Re:this stock movingI averaged down at .22 cents in nov. or Dec. so its moved nicely for me.I intend holding til the former Pangea guys get what they want for this stock.And IMO they're in for the long term and couldn't care less what the stock price is(for now).If the gold bull runs and Barrick does in fact start operations at optioned land IMO the $1.35 tranches will look like good investments for Barrick...If I had the bread I'd take out everything in the 20 and 30's on the ask and frankly can't understand why anyone else isn't doing just that...Maybe they think it can be walked down to ..say,27cents..to fill up..but it might be tough to do in this market with a heightened awareness of gold and paucity of gold stocks if tech players decide to jump in...I guess we'll have to wait for CNBC to discover gold ...But if the Yanks do discover gold we could have a bubble(raving gold bug's wet dream)Anyway the bigger boys aren't into this stock to sell at 39,42 59,82 cents.They want and expect way more and,unfortunely for retail investors,are in no hurry.IMO at these levels you can't go wrong.-just gotta be patient.And of course one can indeed go wrong occasionally!
Bullboard Posts