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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 Jan 05, 2022 2:51pm
57 Views
Post# 34286310

RE:Picking up more bargain shares

RE:Picking up more bargain sharesSP is 0.22, back where it was in April.  Since April THX has:
1) started the plant late, 
2) reported that it does not work properly,
3) drilled holes in a completely different country, giving the lie to "first in country advantage" which also means "never been done before".
4) gained an AIM listing, which serves no purpose other than drawing in new investors for a dilutive financing.
Are you seriously telling us that this is a good investment when upside is maybe 3-fold, best case scenario, according to pie-in-sky analysts?   If you had only heard of this today, would you actually (be honest!) put money on this disaster?  Could you not find a more sensible thing to do with your money?
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