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Bullboard - Stock Discussion Forum TRX Gold Ord Shs TRX


Primary Symbol: T.TRX

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

TSX:TRX - Post Discussion

TRX Gold Ord Shs > Tan's SP is Up Today
View:
Post by POG1200 on Sep 10, 2021 9:06pm

Tan's SP is Up Today

Everything else was down. I think Tangold is attracting some new money, probably the result of the presentations they have recently made. Also, all of the recent PR's might be helping to attract new money

 

Not all companies work like this to build their share price. Currently, it seems TRX is a pretty good hold. 

 

What Tan's SP needs is much better numbers in production. For me, the sooner we hear progress towards the projected 15-20,000 ounces per year, the better. Whatever the coming production numbers are, I think Tan's SP reacts accordingly. 

 

Deep Drill results should also greatly impact Tan's SP. 

 

We should be hearing more from the company about developments in these areas before the end of the year. It will be interesting to see what we learn.

Comment by GoldenArm on Sep 13, 2021 11:56am
True, however there are companies not even moving toward production and they are double digit shares. If they were located in North American they would be $4 to $5 at least. Also having 200M+ shares doesn't help but I think that can be remedied with a reverse 1 to 2 split IF NEEDED to list on bigger markets, not sure if it is. Aways the move up, for all the resons you pointed out and also that ...more  
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