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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

Thor Explorations Ltd > Picking up more bargain shares
View:
Post by Tree2tree on Jan 05, 2022 11:36am

Picking up more bargain shares

The plant is up and running, producing and selling gold.  It's only a question of time til the process is fully optimized.  There is no new or experimental technology here.  They just need to have the right people on site to optimize it.
Comment by stockpunter on Jan 05, 2022 2:51pm
SP is 0.22, back where it was in April.  Since April THX has: 1) started the plant late,  2) reported that it does not work properly, 3) drilled holes in a completely different country, giving the lie to "first in country advantage" which also means "never been done before". 4) gained an AIM listing, which serves no purpose other than drawing in new investors for a ...more  
Comment by stockpunter on Jan 05, 2022 7:48pm
sorry, I exaggerated.  SP actually hit 0.195
Comment by Tree2tree on Jan 06, 2022 11:21am
Punter, I have no idea why you have such a huge hate-on for THX. As objectively as I can: YES if I heard about this today, I would say it is a HUGE opportunity, much moreso than when they were just starting construction.  In fact I added a whack of shares yesterday.  The plant is working, albeit with some glitches during startup, which is unfortunate but not unusual.  Profits are ...more  
Comment by Tree2tree on Jan 06, 2022 11:59am
P.S. Look at the volume, something is cooking.
Comment by stockpunter on Jan 06, 2022 1:18pm
Actually, I love THX.  I bought at .22 and sold at about .37 because, as I said at the time, the projected upside didn't justify the current risk.  If the SP drops sufficiently, or we get new facts, I may buy back in. You claim I hate the Co. because you don't like me presenting some difficult questions that counter your rosy narrative.  Where do you get 99.99% de-risked ...more  
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