TRX Gold Corporation TRX

$TRX
Perma-Hold until Barrick Gold Acquires!!!
It’s a great target…just needs capEx…

$TRX
Buying more - let’s go!!!

Buying more

$TRX
Break 50
Means 60!
Let’s go!

$TRX
It’s up - why?
This company is a good acquisition target if a big mining firm ready to make Capx investment

Could this be a mixup with trox

Could some of this good fortune be trox

$TRX
It’s up!
Been adding here.

$TRX
Industry consolidation
TRX a fire sale price

Eldorado Gold to Sell Tocantinzinho Project in Brazil to G Mining Ventures
2:09PM ET 8/09/2021 Eldorado Gold (EGO) said Monday it agreed to sell its Tocantinzinho mining project in Brazil to G Mining Ventures for at least $50 million in cash and stock.
The minimum upfront consideration consists of $20 million in cash and 19.9% of G Mining's shares, according to Eldorado's statement. G Mining is listed on Canada's TSX Venture Exchange.
Eldorado Gold would receive an additional $60 million in cash on the first anniversary of the Tocantinzinho mine's commercial production, the company said.
Instead of the $60 million deferred payment, G Mining may pay $30 million on the first anniversary of commercial production and $35 million on the second anniversary, according to Eldorado.
The deal is expected to close in Q4.
After the deal closes, Eldorado Gold and G Mining plan to enter into an investor rights deal for Eldorado provided it continues to hold 10% of G Mining's shares on an undiluted basis.
Eldorado shares were down more than 4% Monday afternoon amid a decline of nearly 2% in the price of gold.
Price: 8.50, Change: -0.36, Percent Change: -4.07

$TRX
Where is the report from the new CFO

This thing a great acquisition for one of the large mining Co. They will profit on all our sweat…