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.

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TRX Gold Ord Shs

Bullboard Posts

Comment by Canada300on Mar 31, 2003 2:52pm

302 Views

Post# 5985763

RE: funds buying

I'm quite sure that the purchases made (and to be made) by JS are thru PPs, not off the street. Therefore, he'll have minimal impact on the stock price you and I would pay today or tomorrow. The only time you should see his influence is if and when he decides to sell. Other then that, he is helping raise operating capital without going to the markets and without issuing shares at below market value as always seems to happen with other stories (and man do I have a lot of them!). This is all IMO of course

See ya and good luck everyone, C300