Thor Explorations Ltd V.THX

Thank you THX. Thank you market.

[Tree2tree]

Picking up more cheap shares before the news gets around.

[Tree2tree]

The seller bot at broker 014 can't read the news, so keeps on selling.  I guess the human controlling the bot is not awake yet.  Too funny.

[ABDPhil]

I have to admit, this is good news. The quality of fundamentals has greatly improved and the market capitalization is now $ 150 million.   In the short term, there is the equivalent of 10,000,000 12-cent call options that can be exercised by January 16. If the underlying shares are sold, it could put pressure on the SP. However, this should not prevent THX from appreciating in the medium

[stockpunter]

I agree.  With new information, THX has reasonable risk-reward.  Not clear why SP hasn't reacted more favoarably.  Still trading where it was before commisioning the mine!

[ABDPhil]

Your question about market reaction is relevant. Personally, I believe that it is still early days because this recovery of the situation can be fully appreciated in the financial statements for 2022-Q1, next May. Another point, the cost of the debt is still a little nebulous element because the financial arrangement of Thor is complicated to understand, as the effect on his financial results. &

[stockpunter]

Yes, it ould be that debt unkowns are over-shadowing the market reaction.  Geopolitical news is not great either.  The north east region, at least, does not seem to be under government control.  Personally, I think Nevada would be a better place to invest in gold, but THX might yet be a winner.