TRX Gold Ord Shs T.TRX

Good volume action and uptick

[GoldenArm]

Up 8% and 125K in volume. This stock is being bought up. They produce gold and expanding their gold reserves. We should be at $5.

[Eizenberg]

Looking at the chart (MAX time), we can see that it took 1 year to get to the peak price. With TRX Gold expanding capacity from 360 to 1000 TPD this year and already making profits & drills tests, i expect at least a 2X to 3X stock price gains. I will add some more later. Let's see how it plays out.

[GoldenArm]

Thumbs up Eizenberg. 1000TPD+ is a good start but small. With the deposit they have 100,000TPD+ is what is going to send TRX into High double digits. This has been a long time coming and I've averaged down and I'm finally in the green but not selling anything until production is well established and growing. On a separate note, I'm wondering if they would consider a 1 for 2 reverse

[Eizenberg]

Looking at the chart, i did not see any previous split. The stock price was below $1 many times and for years without any reverse split, so i do not think they would do such a thing.

[GoldenArm]

There was talk or they were thinking about it one time. The company went from exploration to Royalty to Producer, so Sinclair wasn't sure what to do then. Now, it is in place as a producer, best move, they can start reaping the gold. TRX went through a lot since 2004. I just want more epxosure for them and if they did do a split it would be to list on the big boards. Or they can keep

[TheCardinal]

If it weren't for the Army of Crazed Sinclair-Haters, it would be.   But sooner or later, Bristow is going to wake up from his nap, go "OMG! look who's right next door to us, with gold out the wazoo!", and he'll whip out the chequebook.  The shrieks of apoplexy from the AoCSH will be music to the ears of those who stayed the course, and knew their patience

[domcolumba]

You obviously know little about the mining industry. Barrick does not look at miners who produce 20,000 ounces a year but 500,000 MINIMUM. Torex Gold is approaching that requirement. Mark Bristow nor any other CEO will look seriously at this resource.

[TheCardinal]

And you obviously can't see an exponential increase happening right before your eyes.  And that's just from the oxide, never mind the sulphide giant that still awaits.