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Bullboard - Stock Discussion Forum 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.... see more

TSXV:THX - Post Discussion

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Post by stockpunter on Aug 09, 2021 3:33pm

wow!

very good.  waiting for financing at .22.
Comment by Goldenboy1180 on Aug 10, 2021 7:04am
Financing ?  What for ? As Segun specifically said, they will build that second mine with the profits generated from Segilola. Of course, with the recent plunge of Gold price (and assuming the actual price level will stay that low or even get a little lower) , it may take a little longer to generate enough cash flows to do so. However, every producer will be in the same boat in that ...more  
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