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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. The Company’s flagship project is the gold producing Segilola Gold Project located in Osun State, Nigeria, approximately 120 kilometers (km) northeast of Lagos. The Douta Gold Project is a gold exploration permit, E02038, which covers an area of approximately 58 square kilometers (km2) and is located within the Kenieba inlier, eastern Senegal. The Company also owns approximately 85% interest in the Douta-West Licence which lies contiguous to the Douta Gold Project and over 80% interest in the Sofita Licence located approximately 20 kilometers (kms) south of the Douta Gold Project.


TSXV:THX - Post by User

Comment by stockpunteron Jun 13, 2021 9:00pm
82 Views
Post# 33379981

RE:RE:RE:NR or... information ?

RE:RE:RE:NR or... information ? Respectfully, I disagree.  Look what happened in 2011 when gold peaked at 1800- then dropped and stayed down for 7 years.  We know THAT can happen, because it DID happen. Also, lots of companies are drilling holes in West Africa.  If their flagship mine has such good prespects, why don't they focus on local drilling?  Why have they changed their first-pour date?  Finally, denying that they are doing a financing often means that everyone is expecting them to do just that. 
I agree SP could double, but substantial risk that it will not happen.
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