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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

Torex Gold Resources Inc > A Good Entry Point!
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Post by javaman12 on Dec 16, 2023 11:53pm

A Good Entry Point!

Fundamentals are sound and getting better! Technicals indicate the same on a longer term chart!

The share float is small. Once the new mine gets fully into production, it could become, a share, buy back time!

                                       The share price has significantly corrected!

                                 Thinking longer term, I bought in at this cheaper price! 

                                                Torex Gold is also a good M&A target! 

                                                             Later it will cost more!

                                                                   Wish me luck!

                                                                  All the best! Java
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