RE:RE:Starting to get noticed
Agree, we are very undervalued considering we are on schedule to pour gold in Q2 2021.
It is going to get very intersting once the market wakes up. Could part of the "problem" be that we are called Thor Explorations? Maybe a name change, once we start production?
Thor Gold LTD possibly?
One of the reasons I bought in was because I get the feeling there is much much more gold to be found close to the mine and especially at depth.
I have seen some presentations in which Segun has alluded to the great potential. He has quoted really good width/grades that are not yet in the mine plan.
Our open pit mine is one of the very best grades in Africa and that can only be good for our costs.
I also like our other 2 projects and their potential for further growth down the line. Also, it is great to have first mover advantage in a country like Nigeria where there seems to be a genuine attempt to help the mining industry shown by the tax benefits that Thor can take advantage of.
Aya Gold and Silver is doing very well in the Kingdom of Morocco, a country with a similar attitude. Note, how well the SP has done for Aya since it went into commercial production in 2019. I continue to hold Aya, and I would not be surprised to see Thor have similar success once we establish the great cash flow that is forecast.
I think 2021 will be the start of a re-rate for this stock.
GLA Sharegar.