TRX Gold says production growth and lower operating costs translate into strong 3rd quarter

TRX Gold CEO Stephen Mullowney joined Steve Darling from Proactive to share news the company seen some big gains as they report for the 3rd quarter.
Mullowney telling Proactive the company saw a low cash cost of 508 per ounce of gold, and a significant gross margin of 73% which led to net income of 2 million dollars. The company was operating cash flow positive for the second consecutive quarter.
Mullowney also said Buckreef Gold successfully completed the first full quarter operating achieved production of 2,733 ounces of gold, exceeding guidance, and sold 3,033 ounces of gold – both quarterly records.

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