Sep. 8 at 6:52 PM
$TRX
Looks like this just may break out.
Ai likes it. They are making money.
Pros (Reasons to Consider Buying):
Gold Bull Market: With gold prices surging (up 25%+ YTD in 2025), producers like TRX benefit directly. Buckreef's low-cost production (~
$1,200/oz AISC) yields strong margins if gold stays above
$2,400/oz.
Growth Catalysts: Phase 2 expansion at Buckreef could double output by 2026. Recent Tanzanian government reforms (e.g., tax incentives for mining) and partnerships (e.g., with Shanghai Zongshan) reduce risks. Positive cash flow and no major dilution expected.
Valuation: Trades at a low P/E ratio (~10x forward earnings) compared to peers like Eldorado Gold (P/E ~15x). Undervalued relative to net asset value (NAV) estimates of
$0.50–
$0.70/share.
