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is still not taken seriously by the markets..
Very promising remarks from Thor & Nicole.
https://twitter.com/ThorMining/status/1467988332303073280?t=KonGUlK4Myz6sBzQotie6A&s=19
https://twitter.com/philipjamestoy/status/1467989295575310337?t=7WSQecDtJrcSzMVCDlrGaQ&s=19
https://twitter.com/GallowayWarland/status/1468066515702321155?t=XuVKl1qfDDApOesHxizXMA&s=19
Nicole Galloway Warland, Managing Director of Thor Mining, commented:
"We are excited to announce that the third drillhole, 21MHDD003, intercepted further disseminated tungsten-molybdenum-copper mineralisation within magnetite skarn, confirming our new critical minerals discovery at the Molyhil project.
This extension of mineralisation, directly south of the deposit, has significant positive implications for the overall Molyhil Critical Minerals project. We look forward to further updating the market when all geological data and assays are available."
Diamond drill core is currently being prepared for submission to the laboratory, with Thor anticipating assay
results in the first quarter of 2022.
The drilling program is co-funded by the Geophysics and Drilling Collaborations (GDC) program as part of the
Resourcing the Territory initiative, with Thor Mining granted A$110,000 (ASX: THR 4 June 2021)
18 page PDF https://www2.asx.com.au/markets/company/thr
The Directors of Thor Mining Plc (“Thor”) (AIM, ASX: THR, OTCQB: THORF) are pleased to
announce that the third follow up diamond drillhole (21MHDD003) at the Molyhil Critical
Minerals Project, Northern Territory, reinforces the newly discovered extension of
scheelite-molybdenite-chalcopyrite mineralisation within a magnetite skarn.
Nicole Galloway Warland, Managing Director of Thor Mining, commented:
“We are excited to announce that the third drillhole, 21MHDD003, intercepted further
disseminated tungsten-molybdenum-copper mineralisation within magnetite skarn,
confirming our new critical minerals discovery at the Molyhil project.
This extension of mineralisation, directly south of the deposit, has significant positive
implications for the overall Molyhil Critical Minerals project. We look forward to further
updating the market when all geological data and assays are available.”
It's a results business of something THR have no control over either.
Whatever is in the ground determines where the SP goes and how it is extracted pushes it higher.
There are a few things they could improve. I agree the progress on site seems positive but I have been saying for a long time that the need to totally revamp their comms department... A few tweets now and again and a less frequent '90's style' power point investor presentation is not going to have new investors digging deeper to understand the potential and invest. Good comms and PR costs very little these days and can have a significant benefit, one of which is not bombing 10+% over two days because a few bills come in
burleigh/ivan
sml is in a similar situation to here
on a trading range low
and both have a copper license....that needs funding news.
and both in south east australia.
is that means THR is now due for spike up?? bring in on... maybe uranium news this month will help trigger it?
if you click onto the 12 months chart,you'll see the sp as had 4 clear low points.
and now its touched that fourth one
click onto the 5 year chart and you'll see a clear spike,about 4 years ago,that's when the grabbed the copper license,
so in my eyes,the coppers,what mr market,prefers the most
Hi, Burleigh
Some of it may be forced selling, i.e. selling to pay the bills, or the rent or the mortgage. I sometimes do this myself, but only on GGP (where I'm still in profit, despite the recent fall). Thor I won't need to sell for many years to come.
Doesn't it always lol... over 10% fall in last 3 days... Cracking performance...
Noooooo thanks,
Although TBH he still holds 53.2m shares.
this is currently almost a 3 bagger from its Dec 2019 lows!!
Bring back Black and Decker Mick!!
Hi, bsg @14.21
As you know, I'm no great admirer of yourself or your messages. But praise must be given where praise is due; and anyone who corrects his own spelling mistakes, deserves a plus point. As you can probably guess, I've spent most of today teaching English (to year 8, though we were doing Oliver Twist, rather than spelling and grammar).
Best wishes
"May be it's dawning that THR have at best 5th rate assets, bought by Mick at bargain basement prices to pre-long his lifestyle." -- lol, if only picking lottery numbers was as easy as predicting your sentiment towards this stock.
Well you don,t hold any so why do you care?
prolong!
May be it's dawning that THR have at best 5th rate assets, bought by Mick at bargain basement prices to pre-long his lifestyle.
Thanks for that. Well, 10% down in the last 2 days, following the really great tungsten images last week with no SP reflection just tells me its a bloody lottery anyway so news or no news, I have no idea what goes on in this space. Just losing money in what I thought would be a good investment. Oh well, at the mercy of this bazaar world of AIM...
Hi all, what are the views on all the upcoming 'news' that any will land before Christmas? I have only been investing in Thor and the industry for 9 months and was wondering if there are any trends? Any thoughts would be really appreciated, thanks?
Think you've had long enough,about time we started moving up significantly,
although I must admit I was thinking the same thing last year.