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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
Comment by buff_44on Jun 07, 2005 8:18am
185 Views
Post# 9125706

RE: the only question i have

RE: the only question i haveI'm one that says yes greener. I had good sucess investing in explorers while gold was below $300; Argentina Gold, Pangea and Winspear are three that come to mind. The stock can always trade up on its own merits. I rather invest that way than hope for the company to be swept forward with the tide, though I do position myself for that at times. To posters who are obviously bitter over disappointing results in the gold sector; I suggest you learn how to dissect a company on its own merits, not be impatient, don't use margin, and if you're looking to get rich quick, then take a trip to Vegas, at least you'll get some enjoyment for your trouble.
Bullboard Posts