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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 > The uptrend is firmly established
View:
Post by Tree2tree on Aug 23, 2024 12:01pm

The uptrend is firmly established

We are now used to the fact that there are always some THX holders itchy to sell for a little profit or none at all.  But THX is now confirmed as a cash cow.  One way or another, that cash will find its way into the pockets of patient shareholders.

Comment by snowshoedb on Aug 23, 2024 4:33pm
I reviewed the financial statements. They paid down $30 million worth of debt and liabilities with the cash they generated this quarter If you Analyze the current cash flow, which is 4 1/2 cents per share from operations. The company is trading at 1.6 times cash flow. Absolutely ridiculously low. Picked up another 10,000 shares today.
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