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Bullboard - Stock Discussion Forum Torex Gold Resources Inc T.TXG

Alternate Symbol(s):  TORXF

Torex Gold Resources Inc. is a Canada-based intermediate gold producing company, which is engaged in the exploration, development, and operation of its 100% owned Morelos Gold Property. The Morelos Gold property covers an area of approximately 29,000 hectares in the prospective Guerrero Gold Belt located 180 kilometers southwest of Mexico City. The Company’s principal assets are the El Limon... see more

TSX:TXG - Post Discussion

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Post by Lostchannel on Jan 15, 2021 10:31am

Ridiculous

Torex down to mid $17 - now entering significant undervalue - I am adding to my position at this price. This is ridiculous. They will have had a great year and 2021 looks great with clearing all debt. As they report solid quarters I believe this will be a good long term investment. Even as a trade it will bounce quick back to $21 which is a 20% pop.
Comment by 1condor on Jan 15, 2021 1:13pm
lostchannel...I have also stumbled upon Torex about a week ago. Sure looks cheap at this level. Just cant see why it continues to drop day after day? Any ideas?
Comment by LowtoHigh on Jan 30, 2021 7:59pm
I have no idea but I like it. Just entered for the first time on this stock at $17. I find it undervalued and looking to benefit from the upcoming climb...have a feeling this month will be good!
Comment by 1condor on Feb 02, 2021 11:16am
LowtoHigh..this stock continues to languish below 17 dollars. I am not a holder of the stock. I am still trying to figure out why this stock...considered to be undervalued on so many metrics...continues to underperform. It is an odd one to say the least.
Comment by mrv2000 on Feb 02, 2021 12:33pm
no one cares....   deeeeeep value... next check needs to be cut. i doubt to see any inflation in the"official numbers" shorts need time to unwind. -- might see .93 in the dollar index... i cant figue out the 10 year bond tho this thing prints ooodles of cash at todays prices and even bellow... i hope they annunce a dividend. and buy an acreative asset on sale... gla
Comment by 1condor on Feb 02, 2021 1:49pm
Interesting trading in the last several trading days...notice the pop in the SP at the open and then the sell off toward the close...almost identical every day. 
Comment by LowtoHigh on Feb 02, 2021 8:00pm
That would help day traders lol. But I do believe the climb will begin soon. Great value for the stock. Seems to be settling at $17 so the rise is imminent!
Comment by mrv2000 on Feb 03, 2021 9:23am
lets see... i hope the pattern repeats up... dosent seem so today gla
Comment by LowtoHigh on Feb 03, 2021 5:54pm
Slightly up today, so yup, it's repeating! 
Comment by mrv2000 on Feb 04, 2021 8:44am
ha, ya techncaly up...  quality goes nowhere/down, junk up by leaps and bounds. waiting for another bad gold day in other news - looking to get back in on fvi ( oh those kids, thx btw) gla
Comment by mrv2000 on Feb 06, 2021 12:18pm
Wowa that was a morning.  I guess gold and the 10 year yeilds are in sinc??? Somehow.  Crazy times.    I guess the WSB crowd didn't buy any outta the money call options here.   great if your a quick trader.   Uggg for buy value and hold.     gla
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