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gold grades too low.....not good
https://www.proactiveinvestors.co.uk/companies/news/910821/thor-mining-hails-very-encouraging-assay-results-from-pilbara-goldfield-project-910821.html
we know what number crunchers are like......hopeless, normally?!
Thor has iron ore acreage adjacent RIO - FMG and Atlas at Western Shaw but no RNS - it can acquire 60% + Fe on a significant hematite outcrop on its Panorama tenement where gold has been discovered -and then there is Karlawinda. Aussie gold stocks on the move and iron ore literally booming -but Thor still crying wolf about tungsten.
Yes for the time being it may float... There is too much disillusionment w the Mgmt MB .. maybe he may get the message
I'd say 2p from here is highly speculative under current management. If the management changes then yes, we could see a lot higher than 2p but past performance says this share will likely continue it's decline into the abyss despite the constant promises of Molyhill financing, Gold in the Pilbara etc etc.... It's all hot air.
I've never sold a share on a loss in all my time investing, I will normally just hold indefinitely until I turn a profit, but I'm not sure I can see this one taking off, what are your guys opinion - recoup some losses, or go for the long term hold, will we see
2p + again?
Starbuck, the 93 meters at 3 g/t interests me greatly, it could be a down plunge hole but even so it’s not bad been so close to the surface. But alas the management is an issue, this tungsten project should have been wrapped up, admittedly the tungsten price hit us hard but even so.
GLA
Yes Alf. Do hold him t account in a more constructive way.. if its his pay , how can we try t change that as collective shareholders? ... He is being given help by others ppl and companies of mining expertise
Not far off kapunda assays.
Rock style move could be here.
Historical drill of 93m section at 3.1g/t.
News imminent
The company I'm sure would love t hear pi views and suggestions , being open minded and collaborative, so if u hav great ideas get in touch
Scorpio that company had difficulty obtaining t ore and it was low grade.. yet t disposal went for a good price ..
now what if there r limited mining operations to obtain it and then demand grows ..stockpiles have gone down and need may grow ..
With the gold don't u think they consider that of value too , and they may be formulating a plan? ALSO Investors can get in contact with the company , with MB and suggest detailed plans of what they think is best . It looks like THOR is working co operatively with other mining companies and soon some monies will be coming in...it seems MTL Johnson's are helping direct this company since they hav more shares than MB
This is why we should concentrate on Gold, perhaps a JV or accelerating the Kap copper and gold project.
Still invested but I took some out to invest in gold, up around 40%
https://www.lse.co.uk/rns/ORM/proposed-disposal-uwvyp2hd9a3j6u9.html
All holders should read this. Another Tungsten junior gone - (or sold out) - along with Wolf Minerals earlier.
Don't worry think of all the red ones as the purging of the negative ... New blood needs t come in
And collaborating with others t get ahead .. when u share expertise and knowledge and aren't too greedy all can benefit to get to a better place.
SP will be sold into...going nowhere for a while.
Great assays will go well here
I'm still waiting for SP to get under placing price, these flippers are making a mint at the mo.
Wow this BB needs some healthy positive investors in it t post. Moaners.u r not helping THOR MINING ..so find another company you do like !! Look at yrself in the mirror at what u contribute ..do u want this company to progress?! U R responsible too when u post cynical criticisms .. Unless u see this company as an easy target t create doubt in Pi's to Ur obvious benefit.
MB isn't the best investor relations presenter BUT we have him at present ..he is collaborative and open,has funds & low cash burn and some great resources. The sky's the limit only if u have that outlook.
New investors check the website out ...
Why I invest in THOR
So is at current all times lows meaning lots of uplift potential.
IF people can change their outlook and see all t great positives and working as a team.. it is the older investors who r disgruntled due t it falling sp..but that was 2019 & there is growing interest in the metals sectors
https://www.share-talk.com/why-i-am-invested-in-thor-mining-lonthr/amp/
a1m Very upset aren't you because your constant pumping of THR did not work . Thor did a deal with my company on Western Shaw - a three month option for $50,000 in stock -long before we sold PGL and HML to the company. So a lot of meaningful discussion over a long time hey ! Be patient now and wait for the Panorama assay results and after that watch Karlawinda area developments .
Yes Mick is the boss and ultimately responsible...the company is not doing very well is it now so by logical default he is not doing a very good job is he !
Every time you say something it becomes even more incomprehensible - I am not and have never been on the payroll of Thor -the definition of an employee -- but I damn well will as a shareholder hold them to account. Thor have already -after six months and considerable pressure started work on Panorama and lo and behold they have a gold discovery. One down and several more to go - Karlawinda will be progressed one way or the other - tenement expenditures are mandatory or you lose the ground. But really how ridiculous will the company look once CMM start producing gold and the market realises the potential of Thor ground immediately abutting. And you -hang around mate and better luck with your promotion next time lol.