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

Alternate Symbol(s): TORXF

Metals & Mining Gold

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

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Torex Gold Resources Inc > Mergers/acquisitions seem to be heating up

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Post by stockmyster on Nov 09, 2021 11:31am

Mergers/acquisitions seem to be heating up

Pvg is now gone. These single asset mines are attractive since they are trading at a discount and making piles of miney. I can't see txg or lug being to far down the list for a potential buy out.

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Comment by blackhawk2003 on Jan 03, 2022 1:05pm

I think Torex was brought down by tax-loss selling. Now, it should bounce 20% this week, and 50% this month.

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Comment by domcolumba on Jan 14, 2022 4:20pm

I have been waiting for a buyout for 6 years. I thought Goldcorp might buy them and now they are GONE. Maybe only Barrick now but they don't usually buy producers under 500,000 ounces. I owned Torex pre-consolidation at .98c Agnico is out of the picture after buying KL. Dom

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