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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 stockpunter2on Jul 11, 2024 10:20pm
60 Views
Post# 36129569

RE:RE:in unrelated news

RE:RE:in unrelated newscorrect.  that was sarcasm.  One wonders sometimes whether a potential buyer would feed a lot of shares into the market to blunt any SP increase while negotiations are underway..  Often they tout a takeover as a good one becuase it is at, say, 30% premium to 30 day average.  I don't have any evidence that THX is in negotiations, but any junior gold miner with high cash-flow must be getting play dates with majors.  I cannot understand the seemingly limitless selling at .26-.27 when everything is going well for THX.  Insider buying.  Who is selling?
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