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 > New Territory Gold now above $2300

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Post by GoldenArm1 on Apr 05, 2024 10:43am

New Territory Gold now above $2300

As mentioned the spike in gold price and the weak attempts to pull it down has pushed Gold into new territory $2300+/oz

TRX is a gold producer and explorer. All exploration is now funded from cash flow. Results so far have been excellent and will probably get better. Jim Sinclair (RIP) was positive of this.

I have now doubt that with 2 mills online and the Tailing Storage facility production will get a boost and this will make TRX self sufficient in expanding production.

In my opinion, we are looking at $1+/shr by the end of Q3 when financials come out is 3 months. It could happen sooner, in April, when they report Q2 in about 10 to 14 days

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