Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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I've seen Ragged Range described as a 'gold & nickel project' but also there has been some sizable historic copper production. I expect the surface and near gold is worth focusing on.
Artemis are there for Ragged Range ie. Pilbara gold exploration which is what they do.
I assume most of us here know that already! :)
Hi, everyone
I've done a couple of top-ups at 0.89. The maximum market size seems to about £11k.
I have now asked (this is by email). I guess they aren't obliged to reply - but it's reasonable that they should because if someone's going to submit a comment/complaint about the application they surely need more details of the application then the few rows out of a database.
Hi, bsg @11.09
If it was garbage, Artemis wouldn't be putting money into the company, would they?
Snooz if possible can you ask for the reason for the extension?
Thanks
The Colorado DRMS have weekly meetings so even though tis been pushed back to Dec doesn't mean that we will have to wait that long for a decision?!
I've reached out to someone at Colorado DRMS regarding who made the application (the company name "Standard Minerals INC" not "Standard Metals Processing Inc") - see if they'll give me some extra details (e.g. names/addresses) so I will be able to confirm if one owns the other from that.
I do agree it's exactly the same three "Section 23, Groundhog and Rim Rock" locations as in Thor 's acquisition RNS - so probably is a subsidiary.
>I suspect the decision is extended by a month each month when the deadline comes up?
Based on the new date, you're not cynical/pessimistic enough - it gets delayed by three months each time the deadline comes up?!
FYI - I have THR on my "radar" as am of the opinion that anything with positive uranium news can have a sudden upward move.
The big question is did Mick actually buy anything worth having. Or did he just buy any old cr@p to keep him drilling and placing?
I expect this to do very well over the next few weeks and months, added quite a bit (for me). Upcoming Copper and Uranium updates, the two hottest commodities about at the moment. GLA
we are drilling. hopefully result on drilling soon
Looks like DEC now - from HotCopper
https://hotcopper.com.au/threads/ann-investor-presentation.6291146/page-28?post_id=56251816
Hi, User @ Monday 21.05
Thanks for this. I agree with paras 1, 2, 3 & 4. There is no para 5, if I remember rightly.
All well here; very busy trying to manage year 6 in primary school.
Best wishes
Interesting video on the website re In-situ-recovery for the copper licences
http s://w ww.thormining.co m/projects/copper
I suspect the decision is extended by a month each month when the deadline comes up?
Extract from 18 March 2021 RNS by Thor refers to same land parcels as in the twitter link for San Miguel permitting
"Three priority target areas identified - Section 23, Groundhog and Rim Rock."
Also looked at RNS for acquisition by Thor in Sept 2020
"On September 10, 2020, the Company advised it had completed the acquisition of 100% of the shares in American Vanadium Pty Ltd, a private Australian company, which in turn owns 100% each of the shares in Colorado company, Standard Minerals INC ("Standard"), and Utah company, Cisco Minerals INC ("Cisco")."
I suspect Standard Minerals Inc had a subsidiary who owned the rights to these parcels of land but not easy to track this down.
P2021008 Wedding Bell Project (Groundhog Area) Standard Metals Processing Inc V MP NULL San Miguel 5/3/2021 6/2/2021 NULL 6/30/2021 9/29/2021 NULL NULL Lucas West...
vs
> https://www.thormining.com/sites/thormining/media/pdf/asx-announcements/20200708-us-uranium.vanadium-sampling-assays.pdf
The pdf refers to "Standard Minerals INC" not "Standard Metals Processing Inc" as appears on the planning application website. Would like to see someone confirm - but I reckon it's a different company: https://seekingalpha.com/symbol/SMPR
Pretty sure it is legit based on having found it also on the Colorado planning application site.
I guess the uncertainty is around whether the determining body in local government complete on the deadline.
It has been enough for me to make a small measured top up not intended as a ramp and as a new(ish) holder I don't have the scars from the past which may make me a little oblivious to their track record but this is usual for AIM.
I looked at the company name, Standard Metals Inc, and it is listed in one of THR's earlier announcements (below), for anyone wondering:
https://www.thormining.com/sites/thormining/media/pdf/asx-announcements/20200708-us-uranium.vanadium-sampling-assays.pdf
checked and found Andy.... nice find via Amber. Great post. It's genuine to me. roll on next few days!
oops....I must be ramping lmao..... nope. It's there in black and white
is that tweet genuine? so we should get news on permit next few days?
Thanks for the side note - very amusing !
I had done a little due diligence on the tweet:
https://dnrweb.state.co.us/DNR/Mining/operatordb2/report-Prospect.asp?search=PermitPendingApplication
Search result above is accessed via
https://drms.colorado.gov/information/permitting-actions-currently-under-review
then scroll to the following search link
Pending Prospecting Permitting Actions (non-confidential items only):
New Notices of Intent
had a nosey.... very intriguing. Certainly if genuine.
as a side note - if you scroll down a little (what i see anyway) is a picture posted. the classic photo of when the builders are all having a break and sitting along an RSJ way up in the air.....with a slight change. made me chuckle along with how did they manage to get that posted!
Should be by Weds next week - 29 Sep.
https://twitter.com/ambermatthews_1/status/1440175336713429002?s=20
I concur with your summing up of the current situation at Thor . I`ve increased my holding here since the new management took over and see good future here with several good projects going forward. I believe now is the time to invest .