Bullboard - Stock Discussion Forum TRX Gold Ord Shs TRX

Primary Symbol: T.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 > Another Yahoo TRX No-Post

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Post by POG1200 on Apr 06, 2021 11:30pm

Another Yahoo TRX No-Post

I'm trying to find out why... There is a much greater activity over there than here. Maybe it is a protected bash...? Anyway, here's what keeps getting rejected:

Ardo: I don't think anything is wrong. On the contrary, I think things look very good for TRX going forward from here. Lots of shares out, continual-frequent dilution, and a price of gold that has substantially backed off from a recent high will hurt any gold-miner's share price. TRX's share price will go up if the price of gold goes substantially up. What could make TRX's share price "leap" is some very positive news regarding the deep-exploration results. It is a wait-and-see sort of deal, but I've bet that sort of positive news about TRX will happen.

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Comment by GoldenArm on May 06, 2021 12:01pm

That post has no knowledge backing it. Yeah there are a lot of shares but they are tightly held (the state owned shares are non dilutive). TRX or TNX gets no play because of the many transistions this company has faced. First an explorer, then a royalty and then a miner and explorer. Now they are producing hold, have a better management and promotion team in place. Gold was bashed down for no ...more

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