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Will we be digging it up before GGP ??;and will we have more than them ? They are tad ahead of us share.price.wise ..any comparisons to be drawn or is it to different to draw a comparison
Fierce1.
Read the post again please.
I simply converted 1000 Tonnes to Kilos.
Last time I checked my maths:
1 Tonne = 1000 kg
1000 tonnes annual production = 1,000,000 Kg
Now you can add your Profit margin range.
This Deposit alone is worth more than a $Billion.
Keep talking sense orion10.
Hopefully mb will remove the stuffing from his ears and take his blinkers off.
Read the Great Southern report - they had more gold anomalies than we have currently. Their drilling failed to find any gold. Now that is not to say that Ragged Range may well come up trumps but common sense dictates if NEW gold pathfinders are delivering completely NEW gold discoveries like we have never witnessed in the Pilbara ever -if you are smart you get stuck into positioning the company in granite intrusives as well -which investors are falling over themselves to gain exposure. Don't be a one trick pony -
We hit good gold values here and we have a big target sign on our backs ! Uped my investment inline with sentiment .
You have one throw of the dice -the Pilbara. Talk about Kapunda -Pilot Mountain -Molyhill -when will you ever learn -its been flogged to death for decades now -the same old rinse and repeat and a fresh faced geologist doing field visits to tungsten projects when she should be full on the Pilbara and trying to learn a little about what can really drive the company.
George Merhi is up there now - but still Mick doesn't get the urgency to expand the Pilbara story to granite intrusives.
Have a look at Kairos -a market cap of over $110 million -have a look at NAE which I put into the Quartz Hill supersuite play - hundreds of punters lined up to back the company's objectives .
You can chatter on all day long and dream for the next 10-20 years about tungsten and copper and uranium of all things but there is only going to be one area that might save Thor's bacon -the Pilbara and that in this market needs to be granite intrusive plays like DEG not conventional gold .
"1000 tons x $100 per kilo = £100,000"
£?
So poetic Fierce!
ATB.
Hehe well I’m not going to judge either of you.
My mental health all good I just try to warn people because the paid posters are utter shytes and new investors who want to have a punt won’t know that and then when they lose their dough because of what someone has said here, it’s awful and disgraceful !! IMO
So I always say do the research because it’s not hard to do, have a think about it and then make your move but in your own terms.
You wouldn’t meet a girl and get married a week later because a chat board says to do that would you ?? Although there are many that do lol
There is plenty of info available about everything so do that first.
MP
your maths are shocking !! 1000 tons x $100 per kilo = £100,000 not 1 million pal
New to this board. £1k punt. Could this be my second Wishbone? Hope so.
Tungsten prices currently between $50 - $100 per Kilo
Pilot Mountain cost / kilo $8
Molyhil cost / kilo $10-11 range.
Huge profit Margins.
THR can produce 1000 Tonnes annually.
That is 1 Million kilos annually just from Pilot Mountain.
This would back to its previous highs. Just sit tight and watch.
Morning Fierce : )
I was just concerned for your mental health - I see I was right to be as you seem to be a Chelsea supporter - Ha Ha
I applaud your concern for investors losing money. On the bbs I am involved in there is always someone there to talk reason. I and my mate Seamus from the Amigo bb are in on this so please keep the comments flowing as we haven't got a scooby about mining stocks but really liked the look of the potential of this.
I'm a Leeds fan and Seamus is Man City but please don't hold that against us : )
Cheers!!!
https://www.reuters.com/article/thormining-tunsten-idCNL8N1MK5L8
Mick Billing, executive chairman of Thor Mining, said the Pilot Mountain tungsten project in Nevada was going to be "quite a monster," with five-to-ten years life as a low-cost open pit and at least 15-year underground life after that.
On the basis of drilling results published this week, he said it could produce an estimated 1,000 tonnes per year, or 1 percent of the world's tungsten market, and at today's prices would be worth around $1.4 billion.
Morning Pru
No anger issues except when W Brom went 3-0 up against chelski !!! Just want to make sure at all times that people who put in their hard aren’t money aren’t made to make the wrong decision because some cretins (highlighted yesterday) talk abs nonsense.
THAT my friend is when you lose dough !!
This share has more than doubled since I've joined, surprised the news didn't send this up to the next stage sure it'll have a better day tomorrow
Recent tweet from Nicole!.
https://twitter.com/GallowayWarland/status/1314281519591038976?s=19
Big buyer in the background IMO
fierce - have you got anger issues??? : )
Still love your posts though - informative for the ignorant - like me : )
I had that with MTR this morning and then it appeared about 40
Minutes later
Well, for example my 24k buy didn't show up.
More SELLS than BUYS today and the SP finished up !!!!!!!
Think about that.
So yet again idiotic posters putting absolute shyte down in type “ITS GONNA BE 90p”.... if it was I’d me a millionaire !! 0.90P I think is nearer the mark but that was again, COMPLETELY WRONG.
So fellow investors on a more serious note for those of you who don’t know or haven’t D Y O B R, this is on ARV website which incidentally is almost $170 MILLION value.
Paterson Central adjacent to and surrounding the world-class havieron Au-Cu discovery made by Greatland Gold (LON:GCP) and now being advanced by Newcrest Mining (ASX:NCM)
So for others who think that MTR are coming in for more of THR, I think that’s a definite no-no why ?
MTR isn’t a miner it’s an investor; let’s remember that ARV came in with more $$$$$”s for a bigger slice of a pie that I’m absolutely certain they want some of.
What’s our MCAP and where are they at now. Even 2p, which I have been firm on since I came in would be a take out price that they can handle and Would be accepted by the MTR board, with of course some NSR”s added into the mix IMHO.
MP is a director of MTR and THR and miners always want more productivity when the fire is hot and for the foreseeable future, I think that’s where we are at.
Remember as demonstrated clearly today
IGNORE WHAT ANYBODY WRITES HERE INCLUDING ME JUST D Y O B R and think about it yourself because it’s YOUR MONEY, not theirs.
Ragged range looking better n better. Sits bang on the Archaen Greenstone Belt at Pilbara. They already applied for more area next to existing tenements.
I expect both MTR and ARTEMIS to further up their stake in THOR at market price.