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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 Sharegar777on Aug 03, 2021 5:47pm
86 Views
Post# 33646151

RE:RE:Great interview from CRUX investors with Segun Lawson

RE:RE:Great interview from CRUX investors with Segun Lawson
 Segun showed his class throughout, in a typically in-depth and intelligent interview from Crux Investors top man (Matt Gordon).
 Near term cash flow is the key. 
Thor decided to make the decision to build the mine before proving up a much bigger resource.
Some might consider this a bit risky.
However, I think this will prove to be a great decision and I am confident that the drilling results below the current (shallow) pit and nearby areas will put a rocket under the SP.
 The land packages we have in all three projects are very sizeable and it is going to be exciting to see all three projects develop now that we have our own cash flows, from probably the highest grade open pit in West Africa.
 We have first mover advantage in Nigeria and I am sure the Government will especially want this company to be successful in order to trigger more investments in the country.

 GLA Sharegar.

 
 
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