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Back in Oct / Nov 2020, had a similar pattern, when we tested 1.20 breakout few times before cracking past to 1.40 real quick. This time around it could go well past 1.50 in my view to 2p as next psychological level.
All in my opinion. Both Medium and long term indicators turning positive now so gives more confidence on the direction of next leg Up.
Investors in US paying 2.3 cents for Thor mining shares (around 1.62 pence). US trading Volume 80k is not much but ticking up slowly also.
London being the main Volume driver obviously followed by ASX.
I think word is spreading about Thor, which looks very cheap given the upside from multiple commodities poised for a strong Upward run.
Thor mining now in the list of stocks
https://twitter.com/wikipenny1/status/1404420706146869252?s=20
Quite often, double top before third and final. So shall I be cheesy (twice today now) and say third time lucky
Proving difficult to break the 1.2 resistance at the moment. Let's try again, shall we?
Loving the code... well deciphered mr P
Holding strong. I think, if correct from what I’m seeing, once we’re through the 1.2 barrier we may well have an easier trip to 1.3 regions and then yes we could be saying hello to 1.4 regions as soon as within a month if not end of June.
Gl all
Agree 1.40 retest on its way.
Troajan
Agree. No producing Tungsten mine currently in USA. Pilot Mountain project in USA owned by Thor could soon be in the spotlight with either a JV partner or Buy Out in my view.
Uranium project will also be in the spotlight as USA imports about 90-95% of Uranium. USA moving to domestic production with $150m fund set up and less reliance on China.
1.4 is imminent before further news flows.
dont forget.
they also have a tungsten project,in the US
and atm, USA dont have a tungsten producing mine...
Well if the price of tungsten follows that of moly.... The news might be completely out of left field.
Happily holding.
The assets matter most; but it's good to find a company which knows how to do PR, too.
Here's a link to the Twitter account, which is excellent.
https://mobile.twitter.com/thormining/status/1338770806378278912
Thor about to get busy on multiple projects with busy Newsflow ahead.
Alford East - AUS
Ragged range - Pilbara (AUS)
Uranium/ Vanadium- USA
Molyhill- AUS
ALL commodities on a strong upward trend. However THR Mcap has lagged behind others. That is about to change in my view as already seen with gradual tick up in price on higher trading volume which bodes really well for coming weeks and months.
Medium to Long term indicators on BarChart turning positive and strengthening. 3 resistance points been: 1.18, 1.24 and 1.33
We already had 1.20 hit last week with a push to break higher and perfectly poised to take out 1.40 hit last year in coming days making new 52 week highs in my opinion ahead of news or on news.
GLA. Dyor.
O'man what a mouth.
Almost a joke there, broadly speaking. Good attempt.
To all, enjoy weekend and then to another upward week.
Comediennes are out in force today.
Hi, User @16.27
Do shorten my name any time you wish. My capital is certainly a lot shorter than it was in January, as I failed to sell GGP when I should have done. Not to mention my recent losses on OMI. But "hope springs eternal in the human breast" (Pope); and I am confident that Thor will restore my shattered fortunes.
Best wishes.
I will smite the shorters,the narrow-minded 10%ers and the disbelievers with my mighty hammer and it shall be a spectacle to behold and verily the share price shall be 2 pence before the sun has risen and set 10 times
Troajan@10.06
You bet! It is working. Nice strong finish to the day. Come on Monday!
Not worth it, Imp ( if that’s alright to shorten your name).... from what I can ascertain with Broad, not a lot of joy comes spilling out in his/her/their posts.
Hi, gkb @15.16
Very clever.
Best wishes.
Hi, Topdog@13.06
The short answer to your first question is, not much (they are often misleading, but that's part of the rough and tumble of daily life); and to your second, absolutely yes. I remember piling my entire capital into GGP on the basis of a casual remark by Applegarth. And have I regretted it? Not in the least.