Register
Login:
Share:
Email Facebook Twitter


EXCLUSIVE: Aura Energy #Aura to IPO Swedish Vanadium prospect


Thor Mining Share Chat (THR)



Share Price: 1.875Bid: 1.75Ask: 2.00Change: 0.00 (0.00%)No Movement on Thor Mining
Spread: 0.25Spread as %: 14.29%Open: 1.875High: 1.875Low: 1.875Yesterday’s Close: 1.875


Share Discussion for Thor Mining


Thread View

Please login or register to post a message on Share Chat.

Posts per page:

V2020
Posts: 461
Opinion:No Opinion
Price:1.85
RE: thor
Thu 08:06
I'd rather spend the time to study the fundamentals and do research and one or two lines is the most I can be bothered to write
 
jonjo
Posts: 7,181
Opinion:No Opinion
Price:1.88
RE: Another TW Gem - LOL !
Thu 00:37
Roping - agreed !
jonjo
Posts: 7,181
Opinion:No Opinion
Price:1.88
RE: Another TW Gem - LOL !
Thu 00:36
Ginger - I was actually ridiculing the TW post however given that this is not your personal BB you can stuff your comments up your Ginger 4se - PS I have posted here before and will continue to do so as I see fit ! Tw4t
Rolin
Posts: 30
Opinion:No Opinion
Price:1.88
RE: Another TW Gem - LOL !
Wed 15:50
Hi Jonjo, whoever the broker is, does not know even the recent history. The increase in November was due to a strategic shift of the company from exploration to production focus. Metal Tiger only bought in in January. There assets in most cases are measured on JORC's. Personally, I have great faith in the board and look towards production in the near to mid term
ginger84
Posts: 273
Opinion:No Opinion
Price:1.88
RE: Another TW Gem - LOL !
Wed 15:48
Your first ever post on Thor I see Jonjo. What do you know about this company other than the fiction TW writes?
jonjo
Posts: 7,181
Opinion:No Opinion
Price:1.93
Another TW Gem - LOL !
Wed 15:35
I know sweet FA about Thor Mining (THR) other than its CEO knows a lot about snakes from his time in the field. And that is it, so I make no comment about what follows other than to say that in this private email sent to the chosen few the broker has not held back and has used very un-broker-esque language. He opines:

So yesterday a fairly extraordinary announcement from Thor Mining at lunch time ……….Thor is an Aim listed Aussie stock run for the management not shareholders and so you will never have heard of it

………but yesterday at lunchtime as I was eating my salad this is a “Letter to Shareholders “

In early February 2018 the price of Thor Mining shares closed at 4.0 pence per share giving the Company a market capitalisation of approximately £25 million. As at the time of writing the Company's share price has fallen by 50% in four months to 2.0 pence and our market capitalisation now stands at just under £13 million.

Your Directors acknowledge the currently challenging conditions in the junior resource company sector, a challenge that extends across the sector in the UK market, but also in the Canadian and Australian markets. The additional liquidity issues arising from the administration of Beaufort Securities, a significant UK broker for resource companies, has added to these already challenging conditions.

At Thor, notwithstanding the market conditions, the Board are resolutely of the view that the loss of 50% of the market value for the business does not correlate with the progress that has been achieved across the Company over the last four months.

Well Ok they have written to shareholders to say they don’t know why their share price has fallen – but let me really explain …………

Basically the stock has been collapsing for ever and then at the end of November Metal Tiger took a 10% stake and the price bounced from about 0.7p to the 4p as the market thought maybe a bid was coming or some sort of Corporate action

But it didn’t and hasn’t and frankly probably wont

So now the stock heads back to 0.7p – why is the Company surprised ?..............there is actually more downside to come – maybe it should have told its shareholders that ? It will have again to 1p from the current 2p

It is just extraordinary what goes on in some of these small resource stocks on AIM – some of them will be OK and will go into production but so many of them aren’t real mining companies – they just pretend to be to give people a salary.

Ends.
Troajan
Posts: 45,906
Opinion:No Opinion
Price:1.93
thor
Wed 14:41
movement
Rolin
Posts: 30
Opinion:No Opinion
Price:1.88
On ASX
Wed 07:38
Up 15.789% overnight on ASX, maybe news is due soon?
Trustatrade
Posts: 175
Opinion:No Opinion
Price:1.88
Corrupt
Tue 19:44
MM's still playing this like a fiddle! 6+ up to 6+ down.
bsg4
Posts: 163
Opinion:No Opinion
Price:1.88
RE: Bought In
Tue 15:16
I think lower is on the cards, maybe 1.5p in next few months. With the odd blip up for news.
BornConfused
Posts: 6
Opinion:No Opinion
Price:1.88
Bought In
Tue 15:15
Finally bought in at 2p. Looking forward to seeing what this company brings us.
MALdives
Posts: 33
Opinion:No Opinion
Price:2.00
RE: Announcement
Mon 18:39
Great to see the bod taking the time to explain the current position. I have a very small holding here and looking for a good entry point approx 2p with a 10% spread. Is that achievable..
Rolin
Posts: 30
Opinion:No Opinion
Price:2.00
RE: Cinical? moi?
Mon 15:20
Fair point, but looking at the director trades, he first purchased back in 2008, so he has been impacted by placings and dilution as other share holders. Personally I think this is as much a dig at the MM's for keeping the spread at a ridiculous level that does not easily encourage trading as to informing shareholders with an update.
bsg4
Posts: 163
Opinion:No Opinion
Price:2.00
Cinical? moi?
Mon 15:11
Now they have skin in the game they're worried about the share price. Mick wasn't particularly worried when the placings were coming thick and fast diluting existing holder out of existence.
FX_Wizard
Posts: 2,701
Opinion:No Opinion
Price:2.00
dont hold here ...
Mon 15:01
but that is a great letter. Very admirable + what you want from the BoD.
NMH19
Posts: 7,863
Opinion:No Opinion
Price:2.00
Announcement
Mon 14:53
Brave and confident move by the directors and their advisers. Bought a few more and will definitely keep an eye open for new news. Gla
Rolin
Posts: 30
Opinion:No Opinion
Price:2.00
RNS
Mon 14:20
A very positive message from the THOR team, I am definitely not going anywhere. Looking forward to further progress.
share_talk
Posts: 1,938
Opinion:No Opinion
Price:2.00
Share Talk - Twitter
Sun 21:01
@ShareTalk Weekly Stock Market News update https://www.share-talk.com/share-news/share-talk-weekly-stock-market-news-17th-june-2018/ … 17th June 2018

#TGP #BLOE #BZM #ALGW #AAOG #INFA #MOS #RLD #SAV #STX #VAST #FFWD #PERE #ECHO #MTR #AAU #FRR #QFI #SWG #TERN #TRD #VELA #VRS #EUA #THR #AEG #COPL #IOG #RRR #RGM #ALBA #EQT #MATD #MOS PLUS lot more

https://twitter.com/Share_Talk/status/1008378545687670785
Trustatrade
Posts: 175
Opinion:No Opinion
Price:2.00
Plenty of
Sun 15:26
Hints via Twitter of things going on in the background, hope we get some decent news this week.
ginger84
Posts: 273
Opinion:No Opinion
Price:2.00
RE: well rns is there ,how is that good
15 Jun '18
how is it bad news?
sage
Posts: 58,522
Opinion:No Opinion
Price:2.00
well rns is there ,how is that good
15 Jun '18
news..?
Rolin
Posts: 30
Opinion:No Opinion
Price:1.88
DFS
15 Jun '18
My hope is that the delay of the DFS is due a deal being announced at the same time after Mick's visit to Japan and Korea, plus they may be including some provisional data from Bonya. I think we are also due an update on Kapunda testing as this should have started a couple of weeks back. There was an RNS issued on ASX last night that has not made it here yet on the US Lithium business, the sale is not going ahead, and there was mention of updates on their 3 primary project due soon.
hedgestar
Posts: 278
Opinion:No Opinion
Price:1.88
Tungsten price
15 Jun '18
The tungsten price has continued to improve over the last few weeks because of tightening supply in China. This is only a good development for Thor..
hedgestar
Posts: 278
Opinion:No Opinion
Price:1.88
Deals
15 Jun '18
We should see the Molyhil DFS any day now. It doesn't take that long to finish a DFS. The share price should start to recover post announcement. The share price has suffered because of delay with this work.




Share Price, Share Chat, Stock Market news at lse.co.uk
FREE Member Services
- Setup a personalised Watchlist and Virtual Portfolio.
- Gain access to LIVE real-time Regulatory News (RNS).
- View more Trades, Directors' Deals, and Broker Ratings.
Share Price, Share Chat, Stock Market news at lse.co.uk






Datafeed and UK data supplied by NBTrader and Digital Look. While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.