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Bullboard - Stock Discussion Forum Thor Explorations Ltd V.THX

Alternate Symbol(s):  THXPF

Thor Explorations Ltd. is a Canada-based mineral exploration company. The Company is engaged in the acquisition, exploration, development and production of mineral properties located in Nigeria, Senegal and Burkina Faso. It holds a 100% interest in the Segilola Gold Project located in Osun State, Nigeria and has a 70% economic interest in the Douta Gold Project located in south-eastern Senegal.... see more

TSXV:THX - Post Discussion

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Post by oilflow1 on Jan 25, 2022 11:35am

Bid/Ask

What a huge Bid/ask spread this morning.  Let's hope when it closes it's to the ask side of things.
Comment by Tree2tree on Jan 25, 2022 4:03pm
I'm encouraged by the fact that there are no desperate sellers, even during these rough days in the overall market.  We just need some further progress reports to bring in new buyers, or to convince the low bidders to up their bids.
Comment by stockpunter on Jan 26, 2022 1:08pm
down 16.07%  very encouraging.
Comment by oilflow1 on Jan 26, 2022 3:08pm
Gold is off $32 today and someone wanted out (panic), 500,000 shares dumped.  They'll regret it.  
Comment by Tree2tree on Jan 27, 2022 10:32am
Yes there was plenty to laugh and cry about yesterday, not only for THX.  The silver lining is that buyers who were not visible on the bid quickly emerged to soak up the 500k shares. 
Comment by ABDPhil on Jan 31, 2022 2:24pm
Anyway, the fundamentals of THX have greatly improved recently. Consequently, there is no reason to worry about this volatility, which can be attributed to several factors. Gold is still a preferred sector and will be for many years to come. For THX, the operating margin is still in a variable state, as is the cost of debt. When this information will be revealed in the next financial statements, ...more  
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