Thor Explorations Ltd V.THX

Alternate Symbol(s): THXPF

Metals & Mining Gold

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.

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Thor Explorations Ltd > finances

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Comment by ABDPhilon Jan 20, 2022 10:06am

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Post# 34337015

RE:RE:RE:RE:RE:RE:finances

Hello Stockpunter,

Tree2tree has this nasty habit of exaggerating the quality of what it has. You have to adapt.

However, I don't think we should be distracted by Thor's SP reaction to the POG fluctuation for a single day. Most companies sell the gold produced about once a month. As a result, these fluctuations have no effect on the financial results.

The market is like that. Investors react for everything and for nothing. Therefore, the SP is a very poor indicator to determine the quality of a company, especially in the short term.

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