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dcgc - I'm led to believe he takes his B&D everywhere with him just in case he passes a promising rock outcrop on the way. Should rename the company from Thor Mining to Thor Drilling and the logo should be the Norse god Thor with a Black & Deceker in his right hand instead of a hammer.
I`m fully aware of Mikes current earnings . I`m surprised you think its outlandish. In the meantime I`m happy to be invested here and look forward to see how this developes. I believe Mikes visiting the Pilbara region this week ,I hope he takes his Black and Decker with him to please gkb47.
This is such basic information, that I'm amazed you would be asking as an investor!!! You should NEVER buy into a mining or oil minnow without knowing what the leadership and admin expenses are; no serious investor would be out asking what the CEO makes whilst claiming to be a shareholder.
In fairness to MTR they HAVE managed to get rid of one of Mick's co-parasites who was contributing NOTHING, and get him to reduce admin expenses. But Mick is still vastly overpaid for his total failure. I suspect MTR have simply written off Thor in their assessment of their holdings, and have contributed the tiny amounts involved in placings to simply maintain their holding % on the off chance that somebody does want to develop the assets. Realistically though there's very little incentive for a company to JV with Thor since the likelihood of them going bankrupt is so high, so why not just pick up the assets you want which are attractive at firesale prices - they're not world class assets, hence noone seems too bothered about doing a deal (and let's face it, they've had long enough to do a deal if anyone was interested; the Parasite could've walked backwards to the Moon and back with his Black&Decker in his hand in the time it's taken him to fail to secure financing!) MTR are pretty savvy folks and their total failure to come out in support of the Parasite over the past year or so speaks volumes. Hopefully they will force him out soon and put someone capable in there. But given how well their other investments are going, they may just be content to let Thor fail rather than dilute their energies from more productive and profitable ventures. After all, they like every realize that you can't win 'em all. The only Thor winning is Mick the Parasite, and he should really buy a few on this board a large bottle of champagne to thank them for their constant pro-Mickey defence every time he screws PIs over with yet another placing. So sad, since I think Pilot Mountain could be really exciting if put into capable hands.
@dcgc - how can you possibly back billing? He has done nothing but dilute this company to the bitter bone, perhaps all the assets Thor have are undervalued and as an example let's say every single one is hugely undervalued ( really they aren't) what company would be willing to invest in a partnership when the company has had these assets for a number of years and achieved absolutely nothing with them... Something not right for starters, if they were so good offers would be lined up on the table for billing just to sign yet all we get is 1 potential partner here and another there for the last 2 years The only way Thor are going to get anywhere is if they basically hand these prospects over for a tiny stake of any generated revenue, no company would be willing to negotiate with Thor as they have absolutely no leverage to negotiate with, they have no money, no revenue, no operations on going, nothing to at all give any form of leverage not only that but are a heavily diluted company with a board where shareholders have 0 confidence & frankly are stunned at how awful they are and yet continue to operate in the high seat so I would completely agree billing is hugely overpaid, MTR have only come out backing Thor in the hope to ramp the stock it's as simple as that, 6 months ago they were slating Thor for raising funds and the board for that matter
How much is our CEO currently being paid? as it seems to be upsetting you .You regard him as being a total failure I don`t and I will continue to back him along with Metal Tiger. The assets we have look undervalued to me and I look forward to developements over the next few months.
"If I`m not invested in a company I certainly don`t waste my time making negative comments." So do you either believe that you should only make negative comments about a company in which you are invested (in which case why would you remain invested if you had negative thoughts about the company?) or that message boards should only be a sort of support-group of like-minded wishful thinkers able to positively reinforce groupthink mentality? As for your comments about scaring away "new investors" - if you think being honest about the total failure of Thor's CEO is bad think, well...... says it all really! You should have a CEO in whose work and efforts you are proud; instead you have a parasite constantly draining the coffers, diluting all holders to maintain his lifestyle company income, and buy a couple of grand's worth of shares in the company to con the gullible into thinking he's standing shoulder-to-shoulder with them as an investor! What can I say, seems to be working on some people....
You are quite a commedian. I accept the company could have been managed better but explorers have had a torrid time over the last 5 or 6 years .Thor has always been under funded and without a tier1 or 2 find its been difficult to raise finance to progress their finds. If finance is forthcoming for any of our assets it would provide a window for further placings at a decent price instead of always scraping the barrel. I can`t think Metal Tiger would continue to support Thor in its latest purchase in the States if they didn`t think it represented value . Time will tell but slating the ceo of the company to me seems is being done to undermine the company and deter new investors. If I`m not invested in a company I certainly don`t waste my time making negative comments.
But you ALWAYS have something nice to say! And always about how wonderful Mick is, what a great job he's doing, how it's tough out there (we all thought it was soooo easy, so it's great that you've educated about that!) In fact, you're SOOO pro-Parasite, I'm actually starting to wonder if you aren't our great Value Deliverer himself! :)
HYSTERICAL! Now Mick's blaming Molyhil on covid-19!!! Oh, and he's looking for two JV partners, despite having been unable to find even one thus far. This guy should've been a comedian (and Thor PIs would've been a lot better off if he HAD gone that career route!)