Bullboard - Stock Discussion Forum 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... see more

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TRX Gold Ord Shs > Other listed juniors have comparable market caps

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Post by buckswild on Jul 31, 2024 12:12am

Other listed juniors have comparable market caps

based solely on some positive drill results while we are a producer with great margins, growth, a resource estimate and all kinds of blue sky potential. I'm guessing once the market sees the next quarters results, we will get some recognition and be trading closer to a dollar. Thoughts?

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Comment by GoldenArm1 on Aug 01, 2024 8:53am

Spot on. When you look at MAG Silver (MAG.TO) who produce silver and do exploration, TRX should be higher once the profitablity kicks in. MAG has half the number of shares so comparably we could expect that TRX could trade at $9/shr CAD but... The throughput of ore at MAG is 3700 to 4000 tpd and TRX is hoping to achieve 2000tpd+ this quarter and have achieved 1750+ so we can speculate that if Q4 ...more

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TRX Gold Ord Shs