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Tanzanian Royalty Exploration Corp. Message Board

  • warriormasai warriormasai Aug 21, 2011 4:32 PM Flag

    2011 AGM Presentation

    2011 Annual General Meeting (Audio + Slide Presentation)

    Link - http://w.on24.com/r.htm?e=279412&s=1&k=CCFE6094D9AC2C805D7CC8522B7BAEB3

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    • Warrior, I notice you post a lot of old stuff. I guess thats good for new people arriving. Just a suggestion, but how about adding some of your own opinions on what has transpired since or current updates along with the link?

    • time to bring back up the more useful threads.

    • It is however consistent with what happened in 2005. So sell the spike back to the short and enjoy.

    • Sure trx is lagging a bit...but there is rotation of individual stocks in sectors that experience a bull trend...TRX should get its turn pretty soon.

    • - 5.5 million shares shorted.
      - 600.000 failed to deliver last month
      - 24 days to cover
      - 20% borrow rates and 40% for new shares
      - All gold shares are shorted to near 2008 lows

      Whats ur interest in this?

      http://dl.dropbox.com/u/26429644/22%20august.png

    • Lets try this again.

      When one compares performance they use a benchmark. Your benchmark applied to most junior exploration stocks would result in a similar outcome to TRX. My research shows TRX performance against gold, it has nothing to do with the one moment in time you have selected.

      So I have to repeat myself.

      Ok, lets turn this into a rational discussion again as you avoid my comparison but expect me to respect yours.

      If we go back to May 12, 2005 and place TRE(X) vs. GLD TRX is up over 600% while GLD is up less than 400%.

      Starting from the same date the performance of TRX is actually nearly identical to that of AEM (Agnico Eagle).

      Therefore TRX is actually outperforming gold and performing as well as AEM and its also outperforming UXG and NEM for the same time period.

      Do you understand why your argument does not apply now?

    • "If you carefully listen to the AGM ..."

      If you do listen to the whole thing and then see the lack of performance and lack of updates its a joke. I'm thinking about opening a missing persons report on Kigosi and lugunya.

      "..sold the rest when TRX went to 7.50 last"

      You have been proven right for selling, wish I did. Bulli's "forevah" line is making more and more sense.

    • After 6 years here is my only standard.

      TRX keeps going down. That is it and has kept going down for 6 years from its all time high.

      When gold was at 700 TRX was at 9. Gold is now above 1900 and TRX is at 5.85.

      That is all I am willing to consider. TRX has lost a massive amount of value and has demonstrated no ability to appreciate. Consider this. TRX is valued in today's dollars not from 6 years ago so 5.85 is probably even worse in value in inflated terms. In 2005 dollars who knows what it would be worth maybe 4.50.

      What it did in the past or will do in the future is pure conjecture at this point and we won't know which way TRX will bend until it actually happens with a different stock price.

      Right now TRX appears to be drowning at 5.90.

      We can agree that the price of TRX is 5.85 as of today. When it goes to 8 great! When it goes to 7.50 great! When it goes to 10 great!

      Right now it is at 5.85 and that is it. All the opinions in the world will not negate this fact.

    • TRX is badly underperforming the CDNX. A TRX/CDNX ratio is a disaster which means TRX is uderperforming its peers.

      In addtion, TRX has been in a bear decline for 6 years. Simply look at the charting.

      You have got to be kidding.

      TRX was at 9 when gold was at 700. Now it is at 5.90 drowning in dilution when gold is cloe to 1900.

      The problem is that you are dragging this discussion in opinions.

      I like to discuss real time numbers like at 700 gold TRX was at 9 and now at 1900 gold TRX is at 5.90. These are facts not opinions! This kind of performance is a disaster.

      The other aspect is that you simply do not know how strong the shorts are nor do you know when they will go away. After 6 years they have done one hell of a job profiting. You simply do not know when this shorting will end. No one knows and that is a wild card. Diluting the shares with an additional 4 million shares at 5.90 sure does not help either especially when Sinclair assured us he would not do that in his last AGM!

      I strongly suspect TRX is playing catch up and does not have everything in place. Most likely it will take another 12-36 months so that real value is in the stock. At that point, we will see some real performance and the stock will rise above 10.

    • Ok, lets turn this into a rational discussion again as you avoid my comparison but expect me to respect yours.

      If we go back to May 12, 2005 and place TRE(X) vs. GLD TRX is up over 600% while GLD is up less than 400%.

      Starting from the same date the performance of TRX is actually nearly identical to that of AEM (Agnico Eagle).

      Therefore TRX is actually outperforming gold and performing as well as AEM and its also outperforming UXG and NEM for the same time period.

      Do you understand why your argument does not apply now?

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