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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 11, 2022 10:05pm
70 Views
Post# 34306509

RE:RE:RE:RE:weird

RE:RE:RE:RE:weirdIndeed.  I'm still in PM.  I once read that you need to have a lot of people who can be convinced to change direction, then you'll reap the reward. Right now, it is the hedgefund managers that have to change their minds.  They have had windfall rewards from tech and cyrpto, so are they suddenly going back to the barbaric metal?  Maybe if those sectors collapse, or if USD fizzles.

The question is: would it be better to risk losing most or all for a triple on THX or buy something staid like PAAS or ABX, where you might get a double while getting a small dividend, with a chance you have a paper loss for 2-3 years if you are wrong.  Or spead you risk with something like GDXJ.

I'm thinking THX has a nasty secret and we will get a chance to buy at lower SP.
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