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TRX - Tanzanian Gold Corporation: Sharp Rallies Are Selling Opportunities
Tanzanian Royalty Exploration Corporation
Tanzanian Gold Corporation (TRX) is a much less covered name in the junior sector, partially due to the dearth of in-depth information on its website about the company. While the majority of junior miners with a $25 million-plus market capitalization have a corporate presentation, Tanzanian Gold Corp. does not have one. Therefore, one must dig deeper into SEDAR filings for more information.
The company tends to enjoy massive booms when the gold price (GLD) gets going, but then sees massive busts once the gold price tops. We saw this in 2016