The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
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Supportive tweet from Artemis.
https://twitter.com/ArtemisResource/status/1510883661020901380?t=QFN3wUfZxDysX2O45lTgKw&s=19
In theory a share you could trade 24hrs a day.
Good news. Need the North American retail investors to wake up / get out of bed and read the THR press release. US OTC listing will be interesting today.
A good chance we could pop the penny today/this week.
Rising sp has a good flow at the moment so with news like this morning in the RNS should give us stronger momentum
I’ve an exciting day with Thor and Genedrive (GDR)
Another healthy week here I’m feeling.
Great news overall
Drilling to start early summer. That’s literally just weeks away now
ASX + 11.7%
https://www2.asx.com.au/markets/company/thr
This is indeed a smart move. I note that on Hotcopper there is speculation that drilling will start in June, within the agreed May / December approved period. Listening to the presentation from Nicole to the San Miguel County Commissioners, however, she clearly said that drilling was expected to take place in August / September for four or five weeks. I still think this is a very compelling asset, but getting approval to mine is going to be a whole different ball game!
This looks a smart move by Thor to get into the uranium market in a safe geographical area. We acquired this prospect what looks to be at a very low price, especially considering the grades shown in early prospecting.
Nicole Galloway Warland, Managing Director of Thor Mining, commented:
"Thor has worked closely with the San Miguel County to systematically work through the permitting process and is delighted with the positive outcome. We look forward to getting on the ground and testing these shallow high-grade uranium targets, especially Section 23, which is untested despite the favourable geological setting.
With the US seeking domestic uranium supply to potentially replace its Russian import of uranium, we are pleased to be in a position to have three, drill ready uranium-vanadium assets in the high-grade, historic producing Uravan Minerals Belt, USA.
Thor is led by a management and technical team with proven uranium credentials and through working closely with our US team, we look forward to progressing our exciting uranium projects in Colorado."
Looks like shares could be opening in AUS at a 3 year high !!!!!!
Out. Contractors lined up for drilling program.
"IEA estimated that growth in EV's could see LITHIUM DEMAND UP by 4 0 T I M E S by 2030."-7rs ago, Sun, 3 Apr 2022.
https://twitter.com/PeakAsset1/status/1510536658416201728
---LoL, now folks will now why the Australians investors are going chasing lithium
in the Pilbara, Western Austalia.---
Thor Mining will take 1 weeks to survey the lithium licence adjacent to QXR, Pilbara, Western Australia.
News should come per the last RNS?
news, Sun 3 Apr 2022.
Troajan
Different metals and precious metals have different upcycles. It is the parabolic ones that are of interest.
Sun, 3 Apr 2022.
Thanks for the link Troajan. I remember a few years ago DL was in talks with Musk about supplying lithium via BCN, guess Musk has now reconsidered the urgency of securing a lithium supplier.
Things are starting to come together for Thor & as a lth it's about time too!
So, what's next? Well Molyhil is a project which was 'Shovel Ready' but now there's been some additional driling to extend the mine life. Drilling took place before Xmas, so expect results of that campaign soon.
Alford East has been bubbling along too in the background, so given the the focus is now turning to their Gold, Uranium & lithium plays, don't be surprised if there's a rabbit pulled out of the hat for Easter. gla
news
yeah,i wonder how far we are,into that upcycle and long,it will run for
or if your lazy,like me,just buy into a brazilian commodity index ETF
them things are on fire
i would imagine the australian and canadiun versions,are the same.
Troajan
Your 19:16 link: Get ready mining boom on steroids.
Yah, Yah, cognisant already - hence why very busy, busy, busy on research junior mining stocks on who HAS WHAT.
Sat, 2 .4.22
atm,ime out newsing ya.lol.
https://www.smh.com.au/business/the-economy/get-ready-the-mining-boom-on-steroids-is-coming-20220331-p5a9qp.html
DL
On Fri, 1 Apr 2022, Riversgold ROSE 34.3% more.!! [UK, 1 Apr 2022, Australia 2/4/22]
On 2 Apr 2022: Riversgold issued an RNS/ANN:
"Proposed acquisition of prospective PILBARA LITHIUM projects."
I clicked open the ANN and one Australian poster posted on HC RGL:
"R O C K E T."
DL's Appointment RNS/ANN at RGL: 31 Mar 2022.
===
QXR
Same going on with a FURTHER acquisition at YULE RIVER , PILBARA , W.Australia
also from Red Metal Ltd [Ken Watson aka Orion10 on this forum, Black Cat on HC].
1st acquistion is also from Red Metals and ADJACENT TO THOR MINING'S RAGGED RANGED LITHIUM PROJECT. Excitment at QXR with SUZHOU taking a stake of some 9%+ from recall paying some A$2.85m for joint exploration in the Pilbara for lithium.
Hence, why I said that if THR acquires more lithium licences in PILBARA, it would be interesting as the CHASE for LITHIUM SPODUMENE [pegmatites] is ON in the PILBARA, W.Australia after the GIANT LITHIUM WOOGINA AND PILBARA MINERALS + GLOBAL LITHIUM found and are now BIG MINERS OF LITHIUM , the 1st two having mkt caps of $billion/s.
https://hotcopper.com/asx/rgl/ [Link to Riversgold] to have a look for PILBARA LITHIUM INDUSTRY NEWS as to who's doing what.
THR is also IN THE PILBARA, chasing lithium.
Sat, 2.4.22