Thor Explorations Ltd V.THX

Alternate Symbol(s): THXPF

Metals & Mining Gold

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.

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Comment by stockpunteron Jun 15, 2021 7:01pm

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

"like a bad smell"? You just cannot stand anyone offering a negative opinion on your pet stock, so you are getting to the name-calling stage. I pointed out that it might be best to sell. The SP had increased nicely on anticipation and news coverage. But they missed on the first-pour date. Why? They are spending money drilling holes in other countries rather than expanding locally. And I suggested the price of gold might drop to a point where the estimated NPV was not much above the current market cap. Lots of commodities are dropping. Maybe gold will go to 2000, maybe it will revert to mean. We don't know.

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