Thor Explorations Q2 production beats expectations, Douta PFS seen as major re-rating catalyst

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  Posted by Two Blokes Jul 14 - Filed in Stock - 3 views
  
  Thor Explorations Ltd (TSX-V:THX, AIM:THX, OTC:THXPF) delivered a solid second quarter of production at its Segilola gold mine in Nigeria and remains on track to meet full-year guidance, with analysts at Hannam & Partners seeing clear near-term upside and a “material re-rating” potential once the company publishes a Pre-Feasibility Study (PFS) for its Douta project in Senegal. “This is a good set of results and demonstrates a solid operational performance at Segilola,” the analysts wrote in a note following Thor's release of Q2 production figures.