The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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typo....angel.not agel.
.
https://www.proactiveinvestors.co.uk/companies/news/909445/thor-mining-sees-gold-potential-at-kapunda-after-historic-report-emerges-909445.html
he can certainly talk for england.lol.
i can remember that last bull cycle blip,back in 2010,when the likes of cnr and rrr .10/20 bagged in about 12 months.....then subsequent downtrend set in and that killed all the gains.
i wonder when the next up cycle,in commodities,is due..!!!!!!!!!!!!!!!!!!!!!!!!!!
This is the opportunity for Thor which management conveniently ignores. https://www.asx.com.au/asxpdf/20191218/pdf/44cp9dcmnj10q6.pdf
Apart from the fact we are all on the doorstep of what will be an exceedingly profitable gold mine the exploration potential is huge. Worth ten times anything Thor has with tungsten and copper.
DYOR do your own research
Video of paul.johnson
https://youtu.be/VXOgLbFQ8ng
Paul Johnson and their perspective specialising in mineral metal resources
This is a great video to get an understanding of Tiger metals and what they look for in undervalued companies that need some development and help to get to another stage .To get Bold returns u have t make bold decisions and buying in at the lows ..They just bought over 4% stake in this company !! Obviously they see alot of potential to be made .. and the market is due to upturn (bull run) where eventually the demand outstrips resources. The cyclical nature of this whole sector is due to move up.
Seems pretty clear Johnson (and maybe others) has bought more here after dumping his ROCK shares. He'll be dumping here on any decent rise - so watch out. News due i have down as - - Kapunda gold assays, Bonya assays and resource upgrade, Spring Hill gold royalty sale, Pilbara gold assays.
Then again... a change in management could change the trajectory of THOR and the sp
If Thor leverages the Pilbara gold story it can expect to attract serious investors onto it's register -not just traders. Assays from Panorama are due and the excitement in the Pilbara generated by Novo is building -another announcement today. Note how this is progressing -nothing like conventional exploration https://www.novoresources.com/
Novo with a market cap of C$655 million. Or see De Grey todays announcement -high grade -shallow - potentially very profitable. If you are waiting for Molly and present management to get some traction in the share price you are going to be waiting a mighty long time because the next capital raise and massive dilution will be just around the corner.
Could mean with a bit of decent news and some sustained buying supported by Mr Johnson there could be good upside potential.
Is it eventually all coming together i wonder
Tiger metals has faith in this company
The former boss of resources investor Metal Tiger Plc (LON:MTR) has amassed a near 4.5% stake in the group. In a brief statement, Thor said it has informed on 4 December 2019 that Paul and Michelle Johnson now hold a beneficial interest in 47,976,083 ordinary shares representing a 4.46% interest in the company.
Tiger metals looks.for. undeveloped natural resources and has mr.potter.as non executive director who comes with a wealth of experience
Orion why isn't copper a good one ? It's the next one t rise in the next 2 yrs
Trojan Noone is talking about soil sampling -it is stream sediment sampling -panning for colours which can lead to significant gold deposits. Wait now for the assays that are following and then if encouraging watch it progress . George Merhi who did the work is the best -- Or go to Kairos Minerals -or Novo Resources - the way we progress in the Pilbara is nothing like you imagine. Karlawinda is more conventional -and that's a long story too.
Olderandwiser. Thor management don't have the drive -the knowledge or inclination to do anything other than pursue the tungsten and copper business model . They don't want to move out of their comfort zone - its a nice lifestyle. The company with existing management has cried wolf too many times -no serious investors are going to touch the company now with a barge pole. There has to be change - new ideas to get a premium into the share price -otherwise like night follows day massive dilution with existing shareholders diluted out of existence. That cant be allowed to happen - or its shades of Regency Mines :-)
The fizz is over it seems, now they're going to actually have to do something to get the sp moving in the right direction.
and sedimentary soil sampling isnt an sp mover m8.
alll soil/sedimentary sample does....is give an indication of where the ore body is...so they can map it,for future drilling
first things first m8....now i know we all love those gold nuggets.
but only one thing can cure the dillutive cash calls,that will send the sp lower
mollyhill sale/possible funding/jv....or even copper mountain sale,
Orion, your suggestions for forward work activity here make eminent sense, watching on the sidelines. Why do you think that management don't see it that way? Can they change or are they stuck in a mould?
Trojan How many times do you have to be told. To progress Thor's gold interests in the Pilbara only requires very simple low cost exploration methods. Go check Novo Resources - a market cap of $600 million + and they haven't found any gold yet of any significance. If the assay results from the recent stream sediment program are exciting that might translate to the share price. It certainly will do more for Thor than babbling on for the next ten years about tungsten. At Karlawinda the company has significant acreage that will be of considerable interest to a major - so no drilling -no necessity to prove up any resources - direct and significant value accretion by doing joint ventures.
Iron ore is booming again - a commodity in demand which attracts major investors -the Aussie economy into surplus on the back of iron ore. Molyhill will never see the light of day and even if it did would like most tungsten producers struggle to turn a profit or go broke as so many do in that industry.
compelling yes,near term anything...no.
to get the gold and iron upto jorc,will take at least another 2/3 years and cost 300/500K everytime they do a drilling phase.
the tungsten is already done and sat in the shop window,,,
all that;s needed atm,is to extend the mine life from 6 years to over 10,so hopefully,bonya will add an extra 4 years to that....and the bonya upgrade is due in january/feb.
Thor has two great opportunities -the gold is exciting but iron ore just as compelling. https://twitter.com/iron_northwest
The company will go nowhere with tungsten - just more of the same bull dust we have had to endure for the last 15 years.
Agreed when we break this resistance @ 0.45p This will leg up fast
Baggy it needs an EGM.
Surprised there was no motion brought forward at the AGM to change the CEO. Does it need an EGM perhaps?