TRX Gold Ord Shs TRX

Cash

[buckswild]

They had $13,447,000 at the end of Q4. Is anyone expecting a new round of financing in the early new  year?

[GoldenArm]

If you are new to TNX or TRX then please do a bit of research. As per latest news the company is producing gold. The gold they are producing will be used to expand through put to 1000T+ per day. As per recent comments from President, they will used the money from the gold produced to fund the plant expansion and also for the drill program. They don't need to dilute any further is what I got

[CountOfMeltedCrisco]

All this needs now is some well-respected analyst with a following to realise the mis-pricing anomaly here and pound the table to his firm's Clients. Sinclair will be vindicated, and no one deserves this success more than he. 

[GoldenArm]

True and it is a success already. If they get throughput to 1000MT+/day that means at 2gAu per ton they will be grossing USD120,000/day based on $1700/oz Au. If they are a 24/7 operatiion then that translates to USD44M  At $1800/oz $46,253,355  They are also going to hoard the gold they produce to get the best price possible because of Gold price manipulation. All the silver companies

[domcolumba]

If you go to CEO.ca and look up TNX you will see that Mr. Sinclair has been doing a lot of insider selling, dumping a lot of shares. All sells and no Buys.

[GoldenArm]

I think you guys need to do some research. Going back to ownership of shares he had 1.7M shares before March 2021 and then he was compensated for his work done which bumped his ownership to 3.75M shares. I imagine this compensation comes with taxation so he has slowly sold shares into the market and now has just under 3.2M shares. IF ANYTHING he has more shares in the company at the end of the

[CountOfMeltedCrisco]

In the perspective of his total holdings, his sales are miniscule and you, whomever you are, are a G/d gaslighter.