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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 ABDPhilon Jun 16, 2021 2:54pm
136 Views
Post# 33396310

RE:Fortunately..

RE:Fortunately..@ Tree2tree: We all know that the success of the promotion you are doing starts with denigrating everything else. Your efforts are all invested in manipulation. I don't know if your technique is profitable, but I find your behavior very regrettable.

For the others, I hope that the 37 cents will hold up because in consideration of the state of the financial balance sheet, a return under 20 cents is fully justified. The exercise of the 18-cent options and the declining volume point to a slide of a few months in the stock price followed by equity financing. In addition, the quantity of shares outstanding, the state of mineral reserves, the risks associated with the construction of the plant and the geographic location of its permits make the current valuation unjustifiable. Beware!
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