Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Mark Potter is also the Non Executive director of Artemis, so would have a good understanding of the Pilbara region.
Nobody knows why MTR have decreased their holding.
It could be they've been forced to if they are in some degree of financial distress or that they believe they have an even hotter prospect than THR for their funds(and without detracting from the prospects of THR.)
Its all of course conjecture by anyone on this BB
H
MTR's scaling back their position(even with a director on the board) is not necessarily a sign of lack of confidence of MTR in THR as it could be either MTR are in financial distress and have been forced to liquidate when otherwise they would not have done so or that MTR think they have an even hotter prospect for the funds but not meaning that THR doesn't remain a good prospect. The fact is that nobody on this BB knows.
H
Timeless was not a poster on THR he was big on MTR so was orion I was talking about MTR board how do you work out I mean this board.
The bashers are out in force this AM 1 basher named mick 6 times in just over 1 hour
JR
We know the potential here from Uranium alone.
They only bought the Uranium & Vanadium assets about 6-7 months ago with Covid 19 about.
Uranium grades are pretty high also.
Glad you agree on this point.
Don't think I said board member, I said insider.
Bsg and Jr, it depends on your investment strategy. I made a few k on thr in 2020, and regardless of what the sp does, I am confident that I'll make a few more in 2021. For me, if it goes up, that's great, if it goes down, then Yippee, I'll make more.
Make your choices, it's all a gamble, after all I've lost more on ftse100 than aim.
Let's see how long you hang around after the next few deep discount placings occur.
And his side kick bsg must have lost money here and they are bad losers
I personally want to see some movement on the uranium front. I feel this is where Thor can really make in-roads and add to the market cap. But to be honest every resource Thor are exploring will be in high demand so I expect a solid 2021 here. I'm pretty bullish and quite happy to wait.
I think y'all grabbing at straws if you think MTR don't know what they're doing. This is a dog. IMO. HNY.
I will answer your question his name was orion he had a running battle with a poster named timeless, he said GGP would never be worth anything he got that wrong and so did MTR IF we knew what was going to happen with any share price we would be very rich
Loads of interest in uranium and gold. We have gr8 pospective projects in both. Under radar I think. Naysayers on this board dont help us but mainly people with vendetta against the ceo lost their patience. It's taken a long time I can see but actually company looks in very strong position to me, potential wise. Main focus has to be gold and uranium development and seems to be happening.
Let me try to put it into simple words which you can understand
Answer the question what has mtr done for share holders value in the last 5 years -O
Don’tpanick - yeah, MTR are useless but JR has to pick something to scare people off. They are so short term it’s unbelievable. I was in GGP and remember other headless chicken saying the same as JR in GGP at the time. Some people are so sad they hate it when others make money. Thr is an exploration company so neither mtr nor anyone else know what’s down there, and if it comes good, then mtr would have made another blunder.
Onwards and upwards I say, this is rock bottom prices for me
Surely metal tiger selling shares due to being given information from their guy in the Thor bod is insider information. This should be flagged up as this is illegal dealings
I shouldn't place too much faith in mtr's investment knowledge, they held a significant amount of ggp which they sold at 1.78p (or thereabouts), while it was rising, missing out on quite literally millions. They had an 'insider' there as well, and no warrants for future options like they have here. So, while the mtr investment side is hopeless, at least they're learning.
What has mtr done for share holder value -O.
JR and his usual fluff......
Are you sitting in for BSG4 ?
or is he on holidays ?
Afternoon All, HNY to everyone.
Just to open up the floor on investors views with MP on Thor and if we feel he is a valuable member to the team.
Not only does he hold the role of non-exec director with THOR but also carries out duties as Chief investment officer at METAL TIGER / Chairman of ARTEMIS RESOURCES on asx and non-exec Director with TRIDENT RESOURCES.
Hes obviously a guy in the know and part of the link with Artemis and Thor recent dealings.
And obv looking after MTR investment into Thor which they have recently reduced as per TR1.
Not sure how much I trust the links and if all positive as this guy is at the heart and links of recent dealings
Thanks.
Mick Billing finally getting it right having moved in to the hot commodities like Gold, Copper, Nickel, Uranium and Vavadium. Even Molybdenum and Tungsten prices are now moving higher.
I agree on one point, Thor in earlier years went into Molybdenum and Tungsten at the wrong time as those commodity prices stayed suppressed for much longer than Mick Billing had hoped for. But that is also about to change. The whole commodities Cycle is moving UP as Governments globally ramp up their battered economies. China, South Korea, Japan, Taiwan, Vietnam, Indonesia, Malaysia will the biggest drivers in coming years starting with 2021.
At such low Mcap, THR is very well positioned to gain Maximum upside from all commodities they own. Looking to add 1st thing tomorrow.
Please DYOR. GLA
jr8409, There haven`t been many companies I`ve invested in where I`ve been able to treble my investment in just a few months. I`ve recently gone back in at just under the current price and consider the Market value of £12mil is at a considerable discount to potential value and I`m not aware of any requirement for a placing in the next 6-9mths. They have a strong portfolio of gold,copper and uranium prospects all in safe jurisdictions. With regard to MTR I sold out when I realised they had disposed of both their shares and warrants in GGP at a fraction of today`s price, so the fact they have sold some of their THOR shares could turn out be another mis-timing.
RNS 4 NOV...
"We are very pleased with the high grade assays from the initial sampling program conducted in Colorado."
"Our next step with this project is likely to be a drilling program on a number of the Colorado targets, scheduled following the North American winter."
COPPER - just think of the 230,000 Tonnes of Copper so far from Kapunda & Moonta deposit with lot more resource Upside to come through in 2021.
Add the 'New acquisition' of Copper deposits from Alford East -
"Thor to acquire up to 80% interest directly in the Alford East Project, covering portions of EL6255 and EL6259)."
The Alford East Project comprises numerous oxide copper-gold prospects including Alford East, Netherleigh Park and Netherleigh North, each with extensive previous drilling. Copper-oxide intercepts include:
* 122m @ 0.63% Cu from 95m (ALDDH09) including 14m @ 2.26% Cu from 111m
* 76m @ 0.95% Cu from 138m (ALDDH01) including 14m @ 2.18% Cu from 146m
* 14m @ 1.5% Cu from 162m, and 34m @ 0.5% Cu from 190m (MPBD3).
* The Alford East Project covers the northern extension of Alford Copper Belt, where to the south west EnviroCopper Ltd has reported an Inferred Mineral Resource of 66.1Mt @ 0.17% Cu for three deposits Wombat, Bruce and Larwood (THR:ASX Announcement 15 August 2019);
* The Alford Copper Belt is a coherent zone of potentially In Situ Recovery (ISR) amenable copper-gold oxide mineralization, within a structurally controlled north-south trending trough of deeply kaolinized and oxidized metamorphic units on the edge of the Tickera Granite;
* Multiple substantial 'walk up' drill ready targets.
GOLD & NICKEL - Ragged Range (Drilling in Q1)
URANIUM & VANADIUM - Drilling in Q1
MOLYBDENUM & TUNGSTEN - Price moving higher - Thor seeking JV partners for MOLYHILL and Pilot Mountain
Current price look like a steal.
Very busy 2021 ahead at THOR.