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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

Post by stockpunter2on Aug 13, 2024 3:52pm
564 Views
Post# 36177203

SP

SPFor what it is worth, the insider buy came after the news about having to change auditors, and the buyer was the CFO.  The last time THX traded at 27 cents CAN was July 12, a Friday,  The operational update came out the following Monday and SP has trended down since.  So, I'm guessing that the update had no surprise good news and some big investors have moved on.  Or, it could be bad news coming.  
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