Summary - Massive Gold (& Copper) Potential

Hi All,

There's a few threads going as the Company is very active and drilling with multiple rigs at multiple prospects so thought I'd start a new thread that we can all use and discuss both current drills and any future announcements.

I've prepared a bit of a summary of THX - where it's been, where it is and where it's going.


SP: 2.5c
MC: $15.8m
2017 Peak MC: $28.3m
Cash: $7m
EV: $8.8m

It was interesting to read and note that Independent Investment Research (IIR) report suggested that THX might be the next $SFR $TLM $BRB type runner!

Those 3 ran from:
5c to $8 (SFR);
15c to 78.5c (TLM);
6c to 76c (BRB)

I'll take any of those 3 for THX!

The IIR report also suggests that THX's results and geology to date indicate that we might have ourselves another Gruyere (GOR) deposit - that deposit is 6.2m ounces of gold so I'll take that too!

Other points to note are:

   - Crown Prince historically produced 21,000 ounces of gold at an average grade of 21g/t gold.

   - Next door to 2 processing plants that are hungry for ore

   - Drill results such as 80m @ 1.9g/t gold, 30m @ 2.9g/t gold, 7m @ 24.5g/t gold

   - SP currently at all-time lows with a bit of a base formed and 1st target being the gap at 3.7c


Even though THX is currently completely focused on gold, we might as well mention their Copper which is a few hundred meters away from SFR's DeGrussa pit and THX was previously valued at $94m MC and $132m MC just on the Copper (7.05m @ 28.4% Cu, 1.3g/t Au, 32.2g/t Ag).

Anyway, I've probably missed some points but they should all be captured in the attached images.

Great risk/reward from these levels.

Cheers,

GB.