Tanzanian Royalty Exploration Corp. Message Board

They are a prolific issuer of press releases. The CEO blogs about gold. Let's see what else. They did drill some holes in the ground looking for gold but that has pretty much stopped. They pay their directors very well. They issue new shares periodically and will probably have to do so again in about a year and a half.

Trends are in the eye of the beholder. Sure it looks like a short term up trend. But if you expand the chart and look back to Nov 2012, the downtrend is still in place. This is a key area since the price is near the top of the down trend channel.

How does it feel wearing TRX at $4?

The value of the underlying is $25 million it is just 1500 contracts.

TRX will never see $3 again, unless they do a reverse split.

What does this gibberish mean in English? Futures are not a mechanism to buy gold. Futures are a way to take leveraged positions or hedge.

MUX is a 2.3% holding of GDXJ. 0 in GDX. Insignificant at best.

Plenty of physical on 47th Street in NYC. OPM bars are cheap and available $10 over. Saw lots of Pamps too.

They bought GDX and GDXJ because that is where the liquidity is not because of the miniscule allocation to MUX.

So Soros buying a call on an ETF with negligible exposure to MUX is somehow a vote of confidence in MUX. Comical!

Not saying that the Federal Reserve is leasing gold but if they did wouldn't they get this thing called collateral? With the price of gold down that would mean the collateral is worth more than the gold. It would be quite easy for the Fed to buy-in any lesee who failed to return the gold. But you don't see the Fed buying in the physical market or any shortage or the price of the physical would be going up. You also don't see anyone closing out their short futures positions. Again you would see the price going up if there were a short squeeze brought on by delivery demands and a shortage of gold. Finally, in what delusional state do you exist where the trader on the winning side of the trade, in this case short gold, is in trouble? All they would have to do is close their futures position at a profit and Poof! the delivery obligation disappears.

TRANSLATION:
The real objective is to isolate Iran from the global transaction system.

But no allocation to MUX

Neither of them bought MUX so what does that tell you?

So when did cut your losing position in TRX?

So how big is that unrealized loss you are holding?

SEDI is insider transactions. Use the view summary reports link then select insider transaction detail. Search by issuer Tanzanian. SEDAR is Canadian Corporate filings listed alphabetically.

You are correct. It is just how the conversion from RSU to unrestricted common is reported to regulators.

Use SEDI.ca it is easier to see the related common stock transaction.