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Guys, Tiger just dropped substantial because needs funds for their operations. This is why we have the drop. This will recover when you won't expect it. Copper, gold and uranium commodities are very tangible when you facing hyper inflammation in 2021. GLA.
Mummy's letting you play with ipad early today.
Maybe it's not the 'de-rampers' you want to blame but the rampers that litter this board with 10p tomorrow b*******s that may encourage less proficient investors to buy life style shares like this. All of us are here with our own agenda. IMO.
Got 6 projects and recent astute acquisition of uranium play.
Not sure can say it's a lifestyle company seems like a cheap shot. Just sometimes these things take 10 or 20 years to come together.
Why did you not sell back in October you would have got 1.25p and made a slight profit.
Hi there,
Like you been in this time for 3 years at 1.2p.
I could have bailed when the price went up to 1.4 recently but believe this is good for 3 - 5p at least if the potential is realised.
I am that positive that i lumped another 11k at a 1.13 recently so hope my gut feeling doesn't let me down or this share has been all hype with no prize at the end of it.
Still, I am a believer that you pay your money and you take your chances. If it comes off great. If it doesn't then that is life.
You always have the choice before parting with your dough.
No one like losing money more than me.
2 years ago I lost 23k on Bellzone Mining when it went bust. What a 50th birthday present that was.
Lets hope Thor is gonna make me some of that money back.....
One thing I hate is the gloaters who take pleasure in mocking the people who have lost money.>> You know who you are.
So have some respect and keep it shut. Because no one wants to hear it.
Rant and story over with.
Good luck for the future all who are in here.
Been in this share for 3 years now.
At 1.2p i will sell and be happy to break even.
Bsg4 is 100% correct - this has been a lifestyle company with overpaid directors that have done sweet FA, and all company does is buy and issue shares and raise money to pay their wages and sort out their mates.
Past is the past so get over it bsg4.
Sell and move on or take a chance and average down and try to be positve with your investment.
Or hope for the best for your short.
If you have no shares in this then move on
Will management change?
For new investors it looks like an exciting opportunity but who knows what tomorrow brings...
Nice one gkb!!
Thanks RZ, much to consider here. I have a small investment so far (300k)
Thanks Shadowless, I appreciate your thinking. As I say it’s useful to hear different opinions as for me the figural word in the RSi Is relative, so interesting to consider where it was.
Personally I top sliced some of my ggp with a view to further investment here. See also my post requesting some chat around Technical’s
GLA
Tomorrow should be interesting, 5m buy is not a thing to be ignored, maybe someone sold some eua or ggp today, more money from those two coming here i hope
Hmm gbk47 hope your right... interesting I wonder if there are more in the pipeline or will they let this go now, they've brought this down quite a bit and muted what should have been an uplifting RNS.
Guys I know it says buy but based on end of day prices yesterday is it most likely a sell? Would explain why it's being going down today
Welcome to the board.
Hi All,
Jumped on board today, looking forward to the ride, expect ups and downs with this (hoping for ups than downs)!
Hello TommyTheDog
Not a holder here but been looking in with interest.
I cannot see this as being oversold. When looking at RSI indicator I see it above 30 and well above its all-time lows of 16’s.
The July upward trend all be it short has been broken
Without news, and during the xmas period I see this ranging between 0.85 to 1.1. Current support is 0.95
If 0.85 is broken this could go as low as 0.6
The fundamentals may change this however
As RoronoaZoro121 has alluded to
Gold projects, on a good run now. Warren buffet investment outfit has even invested (at one stage WB had criticised Gold and said he would never invest in gold….blah blah blah )
Copper, EV evolution , technology advances they all need Copper
gkb47 this “ PSI, i.e. Placing and Salaries Indicator, the higher it is the worse it is.” Made me laugh, I will slyly keep this in my back pocket and unleash it on another board, and claim it as mine!!!!! hahahahahahaha
I also find it interesting that they are able to convince sellers of land to take shares instead of cash again they must be confident their share value will soon rise based on the information they have to at the moment.
Acquisition Terms
Thor have executed a non-binding Term Sheet with Redstone Metals Pty Ltd and associated parties to acquire a 100% interest in each of E46/1340, and E46/1354 (under application). Acquisition consideration comprises:
· Initial Consideration
§ 12.5 million ordinary shares in Thor;
§ 8.333 million options to acquire Thor shares @ A$ 3.0cents, expiring 10 November 2022
So paying attention to the small print, option to acquire shares at A$3.0 cents this company in Australia are trading at $A1.9Cents so they expect to at nearly double in value before november 2022.
In response to BSG4 i was not invested 10 years ago all i can look at it was is happening now. I feel results are good and the company appears to be focusing on ragged range (expansion is a good thing if they know its got merit) and Kapunda.
Gold potential in the overal market is huge especially with the ammount of government debt that is now out there secondary to QE.
Copper potential is huge as we build ourselves out of this mess
Uranium potential is huge as well quickly tackle the green emergency
All materials this company has shovels in.
I personally own 1.5mil shares in this company now
My Partner also owns 1mil shares.
So overall I have a significant interest with how this company does. I will be increasing my stake as i can over time because I am exciting about what I have read and seen.
I hate placings like the rest of all shareholders but as long as not too discounted and money raised will make material difference then i don't like them but will accept it. Miners all over the stock market regularly do placings and most recent discounted placing example was OMI.
All that is spending money. You need good results from one of those to make SP go up in long term, not hype. So far for the last decade it's been hype. It's all prospects and potential at the moment. I know there's a speculative portion to any share but this has been trying for 10+ years with no real success. Maybe that will change but it hasn't yet. IMO.
My view on our dropping share price is that there is a seller keen to get rid of their shares at all cost, the most recent person we know reducing their stake was Paul Johnson. who last TR1 dropped to 2.99%. He is director of POW and i wouldn't be suprised if he wants to focus his resources there rather than here. Now hes quit thor before and rejoined because he too thinks theres potential here but he also does not like how THOR has treated share holders in the past including himself.
Thats my theory of whats going on.
Could also be a bit of MM background games.
because the use of the placing is likely to drive up value of the company.
In the placing RNS
"This is a great outcome for Thor Mining as we plan, in particular, for an intensive program of exploration at our exciting Ragged Range gold & nickel project"
"In EnviroCopper Limited , we are looking to support further exploration expenditure which is to be devoted to a drilling program focussed on further testing the gold potential of this deposit."
"We hope also to carry out a maiden drilling program on the recently acquired uranium and vanadium prospects in the United States."
"We are very pleased to have ongoing support from the Company's major shareholder, Metal Tiger PLC, and welcome new shareholder, Artemis Resources Limited, who recognise the potential of our Ragged Range Project."
Again the board were happy to place @ 0.6p so why at the moment is it worth more than that?
Somewhere it said they had a bit of magnetic from someone else. If that was good why sell it?
they also have other sites which they are working on but particularly im interested in ragged range
so ragged range is close to GGP,
The most recent RNS has confirmed there are some good gold finds 2.2g/t was the best and we are still awaiting magnetic results which will suggest drill targets.
In sept there was a placing for 1mil and since then they have recieved a further 200k in royalty sell. They have recently announce expansion of ragged range and a copper field in kappunda.
They have paid for half of this with future shares at market value