Bullboard - Stock Discussion Forum Thor Explorations Ltd V.THX

Alternate Symbol(s): THXPF

Metals & Mining Gold

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

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TSXV:THX - Post Discussion

Thor Explorations Ltd > Segilola Gold Mine Q1 Operational Update TSXV: THX

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Post by Betteryear2 on Apr 11, 2022 3:55am

Segilola Gold Mine Q1 Operational Update TSXV: THX

Vancouver, British Columbia--(Newsfile Corp. - April 11, 2022) - Thor Explorations Ltd. (TSXV: THX) (AIM: THX) ("Thor" or the "Company") is pleased to provide an interim operational update for the first quarter ended March 31, 2022 ("Q1 2022").

https://www.newsfilecorp.com/release/120005

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Comment by hereandnow1 on Apr 11, 2022 7:56am

All going to plan, hitting production targets, making circa $1000 per ounce clear cash flow this year. $20 odd million netted so far this year. By year end, debts paid off, $30 odd million in bank. What's not to like?....except the ridiculous SP

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Comment by snowshoedb on Apr 12, 2022 11:51am

While I still see this is a risk on company due to its location (Nigeria, Senegal, Burkina Faso). The ounces produced and the high grade for an open pit mine make the risk worth taking. I am very happy to see the ounces produced and recoveries increasing. I continue to accumuate when opportunity presents itself. Looking forward to seeing the financials for a confirmation that this company is the ...more

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