The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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The US has it down as an over 120 million MC !
lol, if only, but in time.
https://www.otcmarkets.com/stock/THORF/profile
up 23% on asx
Good morning folks. Would anyone care to hazard a guess when we might see activity in the shares in the US. I think this could be a very shrewd move for Thor, but I have no idea really what to expect or when.
BSG4, have multiple resources , is that bad ? I am not sure why even I am responding to you.
Hoopy
Could see 2.6 and probably more in Q2.
Activity picking up on all projects. All commodities THR got going up in value.
US listing is very significant. You will see what I mean in coming days.
Sub 1p is a steal in my view.
only £15m Mcap ???
Still moving up 0.925 now. Might hit 1p today :)
if you need 2.6p to break even you have to ask yourself why you haven't yet chosen to average down. My estimate would be that we will be at 2.6p within the next 12 months but why wait so long just to break even when you could average down and actually make some profit?..... Each to their own I guess.
'We aim to quickly and inexpensively see if there is mineralisation which may require further investigation'.
When have Thor ever done anything quickly?
I need 2.6p to break even.Any estimates when that may be realistic ?
H
Momentum can bring huge gains.
THR on last run went from 80 to 140 pretty quick
Why do they spread themselves so thinly, why not concentrate on one resource? This will just bring the next raise all that closer.
Got some more. This should be over 1p.
Perfect timing yesterday for US listing also.
Would be nice to see back to 1P+ before further news.
to wind the SP up today. Explorers are the flavour of the month - just hope the enthusiasm lasts long enough for me to take a profit.
I’m strapped in
...strap in folks...should be fun...
Project prospective for "Salt wash" type sandstone hosted mineralisation within the high-grade uranium-vanadium Uravan mineral belt.
-- Three priority target areas identified - Section 23, Groundhog and Rim Rock.
-- Field sampling by Thor returned assay results of high-grade uranium (up to 1.25% U(3) O(8) ) and vanadium (up to 3.47% V(2) O(5) ) as announced on 21 July 2020.
-- Historic uranium-vanadium mining jurisdiction, within close proximity to well-developed infrastructure.
-- Close to the White Mesa mill which has historically acted as toll milling plant
-- Shallow depth of prospective uranium-vanadium fluvial sandstone hosted uranium is conducive to testing with low-cost reverse circulation ("RC") drilling.
-- We aim to quickly and inexpensively see if there is mineralisation which may require further investigation
-- Drilling is scheduled to commence in May 2021, once permitting is complete.
Mick Billing, Executive Chairman of Thor Mining, commented:
"With uranium prices at current levels, we are pleased to be in a position to commence drilling at our Colorado uranium-vanadium project once permitting is complete. Based on the historic mining in the region and our due diligence, we are excited to be testing this prospective area which is known to host high-grade uranium deposits.
"In particular, Section 23 appears to have not been drill tested by previous mining companies despite the geological setting which appears very similar to that of the nearby historical high-grade production areas, hopefully providing Thor with a potential opportunity to make a significant new discovery.
"Thor is led by a management and technical team with proven uranium credentials, working closely with our US team.
"We look forward to updating investors on the progress of this project in due course."
PROJECT LOCATION AND HISTORY
The US Uranium-Vanadium Project comprising Vanadium King, Radium Mountain, and the Wedding Bell group of claims, lies within the 110km long Uravan mineral belt extending across Colorado and Utah, USA.
The Uravan mineral belt and adjacent uranium-vanadium mining districts of the Colorado Plateau are reported to have produced, over the past 100 years, in excess of 85million lbs U(3) O(8) and over 660 million lbs of V(2) O(5) from the Salt Wash Sandstone member of the Jurassic, Morrison Formation. The average production grades from the Uravan mineral belt from the 1940s to January 1979 are reported be 0.25% U(3) O(8) and 1.29% V(2) O(5) (Thamm. et al., 1981(b) ).
(b) www.osti.gov/servlets/purl/6512174
The Uravan mineral belt is a historic uranium-vanadium mining jurisdiction, close to well-developed infrastructure. A processing plant which has historically taken ore from the region on a toll treatment basis is located near Blanding, Utah within relatively close proximity to Thor's claims.
A map showing the project location and the nearby White Mesa processing plant location is on the Thor
The Japanese high court have ruled today that the
Shikoku electric co can re-start their nuclear reactor pending a final inspection later in the year.
This is a really good example on how sentiment is changing.
On high volume, SP up 23% @ 01:14 UK time.
Good day today.
0.90s tomorrow may be ?
Uranium energy corp have just purchased an additional 800,000 lbs of US uranium, 500,000 lbs to be delivered in April, 300,000lbs to be delivered in December.
and Zak Mir's gobbledegook beartrap charts (always guaranteed a self fulfilling prophecy) and RNS haven't we done well?