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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 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-
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.
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!
Whoops got my wires crossed - Bell is still in red rock but out of regency
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$2000 mark this year.
a1mIinvestor. You are a funny man - ex employee of Micks -what an imagination you have old chap. I have worked for myself for 60 years ! Recent listing in your neck of the woods RGM and RRR in 2005 - instrumental in setting up and listing Cobra Resources plc recently of which I was Non Executive Chairman before handing over to the young turks . My partners in three private companies several of which were vendored into THR are Paul Johnson and about ten investors most of whom active in a lot of AIM and LSE companies of which I am involved. Vendor to MNRG - vendor to at least 25 listed public companies on ASX -AIM and LSE . I introduced George Merhi to Mick Billing to do a helicopter assist program at Panorama -and we found gold. We now await the assays to be announced by THR. George Merhi and I have now pegged large acreages at Karlawinda and Prairie Downs. I am here to keep you honest -I work 16 hrs a day at 82 years of age - AND I want to see THR go forward embracing gold -today USD$ 1572 oz a fantastic AUD $ price of about $2300. Anything else you would like to know ?
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.
O 4 1 naught E Say it quickly !
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.
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 !
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 .
I'm still waiting for SP to get under placing price, these flippers are making a mint at the mo.
Great assays will go well here
SP will be sold into...going nowhere for a while.
Still invested but I took some out to invest in gold, up around 40%