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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 Nov 29, 2021 9:16pm
71 Views
Post# 34178304

RE:RE:RE:RE:RE:RE:RE:RE:great

RE:RE:RE:RE:RE:RE:RE:RE:great@Tree2tree: Looks like your unicorn just hit a hoof on the corner of the bed. These are things that are happening and I am confident that you will learn from them.

From the plant's start-up in October to date, 4,750 ounces have been produced and a new gold pour is scheduled for late November. Even a Tree2tree-style unicorn scenario might not be enough to close the gap between them from the 30,000-35,000 ounce gold targets in 2021. The shortfall will be more than $ 30,000,000, just for this year.

Beyond the problems that have already been resolved, I sincerely wish you that those still present can be corrected quickly. In the event of an engineering design issue, Thor will have to pay the bill.

The risks are very present so be vigilant.
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