Thor Explorations Ltd V.THX

Wow!

[stockpunter]

0.25. Like back in Oct.  It is as if, they never actually got into production.  I guess some sellers think the reward does not justify the risk.

[stockpunter]

so, you've got your numbers and.... 0.29.  well done!!!

[snowshoedb]

Punter... I can understand that you are sceptical and that the lack of movement after Q1 results makes you feel vindicated. I see a great open pit with very high grade in a risky country.  Offset against that risk is a company that can generate $100 million worth of free cash flow in 2023 With its existing mine and resources. Potential upside is finding additional resources that it can

[Goldenboy1180]

Same here ! Count me in Mr. SnowshoeDB. Goldenboy

[stockpunter]

Great analysis.  Except your figures are pure speculation e.g. 70%.  I come from a science background , where numbers are supposed to be meaningful.  I find it amusing when people pull numbers out of the air to support their predictions.  THX "could" go to 10 bucks.  It could also go broke.  What you KNOW is that there has been no rush to buy shares over 0

[snowshoedb]

I also come from a science math oil and mining background. Just like when analyst make their projections based on various assumptions they start to assign probabilities to them. And that's what I've done. I've looked at the budget I've looked at the risks associated with the company which generally are the same as most mining companies except for the jurisdictional risk. A good

[Goldenboy1180]

Snowshoedb, Thank you very much for your time and very appreciated posts. The way you calculate and see mining projects and stocks make a LOT of sense. Hope you won't mind, I've copy and paste your two last post on the London South East share chat on which you could find people with similar minds and level of intelligence, dedication about stocks. https://www.lse.co.uk One of the post

[stockpunter]

"great day... except stockpunter".  See:  he takes it personally that I draw attention to the non-performance of a favorite stock.  Too much emotion for an investor.  The pumper actually asked that I stopped posting here when I said a year ago that selling at 0.37 might be the best bet. As for "70%", it is an abuse of numbers.  There is no measurement

[snowshoedb]

I would say that in 2022… THX is just trying to pay all the bills associated with mine construction and Gold stream payments. They have a lot of debt that's listed as current… The definition of current is to be paid within the next 12 months. After that their obligations dropped dramatically. Hence the cash flow that they generate won't be going to pay for construction payables and loans

[ABDPhil]

@snowshoedb: Looks like you read the financial statements between your first publication and your second... Anyway, you didn't need those results to present yourself as a successful investor.   As you mentioned in your second publication, the short-term debt is indeed very high. The reality is that THX's financial situation is very worrying. To meet the obligations of the next

[snowshoedb]

you are right... I can't read financials nor make a wise investment decision... as evidenced by my investment over the last 5 years.... I'm not looking for your approval phil. Actual Actual Goal Actual Goal Actual Dec-19 Dec-20 Dec-21 Dec-21 Jun-22 Jun-22

[stockpunter]

I think the conversation is about whether buying THX shares is a good Idea.  down another 0.01 today.

[Goldenboy1180]

You are 100% right.  May I ask you to continue this "'conversation" with those people from Canacord Genuity ? They don't seem to know what they're talking about.  Maybe you should warn them about all the risk and the price share you've observed in the past few weeks with so much diligence, and also that they pull out their numbers from nowhere.  Keep us

[flashcash]

The MC is around 100 million USD, and producing around 24 000 oz per quarter with lowish debt and low and low cost of sales, Not bad if you ask me. We need a buyback or divy to help out though. GLA

[ABDPhil]

Mr. Sam Catalano is the same analyst who determined a target of 85 cents for AGG. https://www.africangoldgroup.com/investors/analyst-coverage/ https://thorexpl.com/investors/analysts/  

[stockpunter]

Trading has ranged between (52 week low)  see a number missing there?  Real experts!

[stockpunter]

and who in their right mind invests in a new company with a 51.9% upside (laughing at the rounding to 1/10% !) in a country154th out of 180 in a ranking of corruption (180 most corrupt)?  Risking all for small gain? BTW, didn't you say you were blocking me?  If not, I tip my hat that you are at least tendering contrary opinions. Now you just need to start asking yourself whether

[stockpunter]

Wouldn't that be about 0.39 cents?  Isn't that about where it was a year ago, when I suggested selling? Don't you see your problem?  You can look at one persons prediction and take faith in your conviction. But when another said basically the same thing a year ago, you were upset and didn't want to hear about it.  Does that make any sense whatsoever?.