TRX Gold Corporation TRX

$TRX
This is interesting - they did a credit enhancing payment facility 2022 - 2024 - it’s a an off balance sheet play - seems like short term credit

Might explain some of the hangover with share price. NO dilution which is good.
They need to slow down Cap Ex and save more cash to bolster share prince now.
Still smell like a set up for Acquisition.

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$TRX
CEO saying - lowered risk, production up
More cash flow - positioning for institutional investors.
Sounds more like acquisition priming.

$TRX
Theory - Someone is exercising warrants at .41 or .42. Pikers

$TRX
It’s an acquisition target all day. After this quarter balance sheet will be rock solid. Only concern is share price suppression to allow $TRX to be acquired at less than 2 to 3.
Adding!!!

$TRX
Next earnings are critical. Gold is being poured, they have cash on hand. No real need for selling shares to raise money. Capex improvements are done. If they had 10 or 20 mil cash on hand, no debt, documented metal deposits, easy acquisition target. I see it…in 2025.
Adding

$TRX
So according to the mineral / soil report there is more gold in the spoils, big deal right?
We need this stock to climb.
$AU Anglo is up 71% this year.?
The only thing the mineral deposit reaffirms - is the need for $TRX to be acquired. Let a big miner bring big equipment and recycle the pay dirt.
Make an offer pimps!!!

$TRX
Added here
Either gold is being walked out the back door at the processing facility or this company is 1.0 all day. Or manipulated for acquisition.

$TRX
This is being artificially held back!
Easily .70 to 1.00 all day
Pouring gold like crazy / WTH ???

$ TRX
Last earnings call CFO mentioned warrants being written or options to protect the share price?
Does anyone know the basis for this strategy?

$TRX

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