Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Mar 15, 2022 2:14pm
116 Views
Post# 34515899

RE:RE:RE:Segilola Gold Project February Production Update

RE:RE:RE:Segilola Gold Project February Production UpdateRespectfully, I disgree.   A long term investor is someone who understand the business and the risks and decides that the probable return on the business, either though capital gains or dividend payout, justifies the risks.
People who buy shares in companies like THX are speculators.  They are wishful thinkers that largely subscribe to the "greater fool" hypothesis, which posits that a buyer of a share in a company that looks promising can always (not true!) be unloaded on someone with even less understanding of markets.

Hanging onto a POS stock for a long time does not make you into a "long-term investor".  

During the recent run-up in POG, the SP of ABX, which prodcues loads of gold and copper increased, then pulled back when POG declined.  Now, wouldn't a prudent investor take a look at how ABX and THX compared?  Remember: ABX pays dividends and is unlikely to go broke, or have all its producing assest impaired or confiscated.

Everyone has had a chance to digest all the news that is available.  Why is THX SP stuck?  What justifies the enormous risk of owning THX?  Just asking.  
<< Previous
Bullboard Posts
Next >>