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Thanks DCGC The gold price is fantastic notwithstanding the circumstances behind its rise are much cause for concern. I like many hope and pray we are not about to witness a lot of death and destruction.
Having said that now is the time for Thor to dispense with the tungsten and copper promotion -put those projects on care and maintenance and focus on gold and the company's iron ore potential -another very strong commodity. If they don't no sweat -we are flat out here -it is going to be up the current major shareholders to make change - but how nice it would be if all the long suffering shareholders of the company were to know they were on a winner again with realistic projects like Karlawinda in an entirely new gold province.
a1mIinvestor. You are a funny man - ex employee of Micks -what an imagination you have old chap. I have worked for myself for 60 years ! Recent listing in your neck of the woods RGM and RRR in 2005 - instrumental in setting up and listing Cobra Resources plc recently of which I was Non Executive Chairman before handing over to the young turks . My partners in three private companies several of which were vendored into THR are Paul Johnson and about ten investors most of whom active in a lot of AIM and LSE companies of which I am involved. Vendor to MNRG - vendor to at least 25 listed public companies on ASX -AIM and LSE . I introduced George Merhi to Mick Billing to do a helicopter assist program at Panorama -and we found gold. We now await the assays to be announced by THR. George Merhi and I have now pegged large acreages at Karlawinda and Prairie Downs. I am here to keep you honest -I work 16 hrs a day at 82 years of age - AND I want to see THR go forward embracing gold -today USD$ 1572 oz a fantastic AUD $ price of about $2300. Anything else you would like to know ?
To attain Orion`s interest in Thor read the RNS 29TH March 2019 .re Thors acquisition of 2 small Australian companies with gold interests .I believe those companies were Orions. If that is the case its in his and our interest for these companies to be progressed as gold is forecast to pass US$2000 mark this year.
https://t.co/9r0GLxqu3Z?amp=1
Should load up it's pdf
As you can see they r getting organised and presenting clear logical steps to further develop. Great communication is key t successful progression
You said it - instant gratification. I for one am glad that a lot of deadwood is being cleared from the markets, I know your interests are in the private arena, but you would get a lot of support vending assets into shells. Then again it’s not overly worth it, unless you have core shareholder groups from the offset willing to go for the journey. In any other situation you’re in the hands of the brokers who destroy the shareholder register and do more harm then good, in my opinion.
Only the big big boys can operate in the DRC - any junior is deluded if they try exploration there.
Safe jurisdictions with historic misunderstood explorations seem to be a good route to go down. I quite like Aussie IRGS plays.
Sorry that should read
Although the Copper is tasty the gold looks nice too !
Although the gold is tasty the gold looks nice too !
Gold Potential
In addition to the Kapunda copper resource estimate, there is substantial gold potential at Kapunda with approximately one third of the historic drill holes successfully assayed for gold mineralisation. Best results include:
95.1metres @ 3.06g/t from 2.4 metres:
A composite sample from 5 holes averaging 3.68g/t over an average of 32.9metres, to a maximum depth of 54.9 metres.
Quindell Well said mate - we live in a world that needs instant gratification. Having said that trying to develop projects and produce iron ore -gold is in my DNA. As for Bell -could not run a chook raffle - always playing catch up as he is doing now with RRR . Cobalt in the DRC of all places - and gold in Kenya :-) Cheers
Whoops got my wires crossed - Bell is still in red rock but out of regency
A good thing to know is your best friend ( ;-) ) mr Bell is gone! Only good thing he left was Jupiter and that was al your doing!
You no doubt have extensive knowledge of these markets and assets and I have read your posts with great respect and interest.
The main issue is at present there has been a big shift in the investor demands and wants. I feel these days of investments are going - the end result is never worth reaching, and it’s about the journey to that destination as apposed to the destination itself. I don’t feel companies ever want to actually go into production because of the heavy equity that is required and that’s generally across the board in all fields. Elongating a exploration play, buoying the market with uneconomical assets knowing full well its simply done as a boost to morale and generally uninterested in any sort of exit strategy for any asset is the norm. It’s a shame because I have seen a great many project run by engineers and not PR guys that can’t get their feet off the ground.
Trojan You are completely missing the point . Novo have a market cap just on $700 million and have not yet produced a single oz of gold. I presume you like everyone else at the end of the day are in the stock market to make money not for altruistic reasons. Thor has an opportunity to be another Novo if people listen to me - Watch Cobra -I was instrumental in the Wudinna deal . Watch CMM at Karlawinda and the fireworks there the next few months - Watch the Panorama project - What will drive share prices is nothing like you imagine-
we all have our differances and preferances,on certain metals.
but at the end of the day,the only thing that matters.
is which project can be successfully,put into production,or sold,or jv'd,for an income stream.
to end dillution.
Trojan Odds are the gold is not recoverable with the ISR process or any other process except perhaps the Albion Process. But Thor have never produced anything in its entire corporate history and no one expects that will change.
Gold is bolting $1530 oz and Thor is still peddling tungsten and copper !
and gl to you aswell m8,after last year,surely it can only get better,anyway,if your still in wres,24 hour production as just begun,so the next 6months should improve the old sp,same on here,if mb can sell that mollyhill....
.
orion...kapunda....https://www.youtube.com/watch?v=Kv6ai9Fg_9Q
4 mins in,the copper orebody is oxide based m8 and wont be mined ,it'll be drilled and extracted,with a liquid process.
usually,that's because the market makers have either a large buy or sell order,that they have taken,but not filled......so once that order as been filled,the actual printed trades on lse,should then show their true colours....in red or black.
I also find looking at the buys and sells confusing as sometimes a buy seems to be a sell and vice versa.
V wierd ... Do u know lse trades are ll confused ..sometime u see them sometimes not , sometimes as sell when bought ,
Their system has technical issues. Have u tried t view the trades elsewhere
Near 12 million share bought today but share price 4% down. Weird.
Vol. Sold 503,392
Sold Value £2,165
Vol. Bought 11,904,869
Bought Value £51.19k
An added bonus at no extra.cost.. anyone heard any more recent updates on this side ?
https://www.share-talk.com › th...
Thor Mining PLC (ASX:LON:THR) Jervois Vanadium Project - Share Talk
Someone seems happy to buy all that the PI can throw at them
The good ole days .. u didn't have a mobile phone
If only we all were stuck in the past life would not move on
Think afresh and outside the box
Molybdenum
doesn't occur on its own ..it's a by product of copper mining ..it has uses in industry in aerospace, automative ..see interesting links below for more research into it
https://www.molybdenum.com/molybdenum-industry-spotlight/
http://www.metalary.com/molybdenum-price/
https://investingnews.com/daily/resource-investing/industrial-metals-investing/molybdenum-investing/molybdenum-outlook/
https://www.google.com/amp/s/www.proactiveinvestors.co.uk/companies/amp/news/904558
Taken a position today looking forward to news incoming. 3 assays results due. January going to be a big month for THR. Let’s see if this can turn things around. I truly believe so. GLA
it wont make any difference who is ceo,they'll do placings just the same,all explo's without an income stream,raise funds ,the same way.
https://www.proactiveinvestors.co.uk/companies/news/909683/what-next-for-commodities-as-2020-rolls-around-909683.html