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"The field program is designed to follow up previously reported success from stream sediment samples collected across the tenements, which defined a highly anomalous 13km long gold target zone, with gold values up to 2.2g/t Au."
Previous samples exceeded management expectations.
13km is huge.
Mcap at £15m here is a steal imo. KOD is sitting at ovet £64m Mcap ?
I'm invested here with an average of 0.83. I drop in to this chat room from time to time and it's always the same. Hysterical ramping by some countered by an air of pessimism from bsg4.
Looking back over the months it has to be said the bsg4's predictions have been more accurate than anyone else's.
Some of the ramping makes me think of an orchestra playing ever louder on a ship that's slowly sinking.
I will hold my shares to the bitter end because it's become like a long running TV series to me now. I want to see how it ends.
MMs been doing bit of arbitrage selling to US investors at much higher price around 2.10cents which is 1.50p here.
They grabbing shares on the cheap.
BSG trades 10% swings and then comes back with his negative rhetoric to get a lower entry again and hangs around like a bad smell.
Anyone with a positive outlook is branded a ramper .....charming.
Buying below mid price is brave IMO. As there could be another price drop on the cards.
And the 250k ‘sell’ is my buy, I have been adding here sub 1p now to 2m shares.
Order Status Executed
Order Reference OMJxxxx
Date 18/06/21
Time 09:39
Stock Name THOR MINING ORD GBP0.0001
Action Buy
Order Type Market
Symbol THR
Quantity 250,000.00
Limit Price
Price £0.009711
Consideration £2,427.75
Commission £3.99
Stamp Duty £0.00
Levy £0.00
Total £2,431.74
Accrued Interest £0.00
Expiry Date n/a
Settlement Date 22/06/21
Settlement Period T + 2
Market Currency GBP
Settlement Currency GBP
Indicative FX Rate n/a
Trek
Thanks for that BSG4, I would agree that if nothing comes from their latest drilling, it will probably drop back to 0.6p ish. I'm personally more optimistic that there will be some findings. Time will tell of course. I assumed you were a shorter, but it seems you are either not an investor at all, and waiting. Or already invested, and just frustrated with the company.
Anyway, thanks for your response
I'm just counter acting the rampers. I've seen it for a decade or so. The big question is have they got anything worth mining. So far they haven't. They've bought cheap claims, so they can be keep themselves in a job. IMO. As to predictions, back to 0.6p if nothing comes of their latest drilling campaigns. We've been lucky to get some funding from Aus govn, otherwise they would of placed several times.
BSG4, Actually I'd be interested in your SP prediction for this year? I'm all for a balanced view. Care to give one?
You must be so pleased bsg4
Seagulls, it's below the mid price that's why.
Bless my soul, under 1p again!
Well done guys. Great buying opportunity.
I might need to shuffle up some of my other stocks to buy another tranche of THR while still low.
I doubled my holding today. I bought
1 * 200k
1 * 300k
1 * 500k. (Total now 2m).
However, my 300k and 500k are showing as sells.
The 800k marked as unknown is in fact my top up buy. Still ridiculously cheap. I'm still expected this to go to 4p within 6-9 months
17 Jun 2021 BUY THR LSE 800,000 1.05p £8,409.50
Molybdenum been up:
+45% weekly
+114% year to date.
That is awesome.
Both MolyHill (AUS) and Pilot Mountain (USA) projects getting even more valuable.
Will not be surprised if a cheeky Buyout offer comes in.....Mcap is ridiculously low at only £17m?
Agree mate. Current Mcap is way too low.
Just £50m MCap gives you 3p here and that would be at the lower end.
Hi, Mr Positive.
I agree with you - trading this stock on small fluctuations doesn't make much sense, because the spread is too large. And, as you've said, it's very easy for a 1p share, with a small market cap, to double or triple. No-one even notices (except the shareholders).
Best wishes.
Bsg
Nope. Still Holding. Bought more at 1.12
Its the exit price that matters. I can see this Quadruple minimum around 4p within 6-9 months. Medium to long term i am looking at 10p plus here.
Think you might be trading the 10% swings not me.
nm
Cheers to responding Seagulls, and yes, Thor should do very well. Can’t see it dropping below the penny, but who knows with aim.....
sorry to others for bringing football into it, was just curious on the name connection. I do find some names intriguing.
MP hope you sold on support?
MP, I am a LTH in WRES . The company are producing both and starting to ramp up production after a very difficult 18 months. The CEO is a substantial shareholder. Worth a look at the current SP (not recommending) . ATB
... and don't forget they've never made a bean. The SP is almost 99% down from its peak. They really like placings. Like the pair of 1.3 Billion and 1.2 Billion shares at rock bottom prices a while back.
Yes mate. Both Tungsten and Tin are on a roll.
Thor in my view is a superb Buy n Hold with lots of value to be untapped this year and coming years. Could go GGP style with upside from "Multiple" commodities here.