We would love to hear your thoughts about our site and services, please take our survey here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Hi BSG this new management team need to be cut some slack. Yes funds will have to be raised to advance Molyhill and Ragged Range. I think that is only fair. Previous management were out of control and not progressing anything except collecting salaries etc….
Get use to that "Issue of Equity". It's the only thing THR are good at.
Cheers again herne. A continued positive momentum. Just hope it all starts to feed into the sp soon.
Yep, thanks for posting. ATB
This looks very exciting.
https://twitter.com/ThorMining/status/1463674852544593922?t=SqrYIGHAN-cfuuAxk75lyA&s=19
I completely agree copperman. The 3rd hole should not take too long. I imagine the Geo's will run an XRF over the cores prior to assays being received. Frankly I find it amazing the previous Board did not test drill this in the past. Lets see what comes out of Ragged Range while we wait.
I think the UK punters have missed a trick here. Those visual results from Molyhil look very impressive. Don't know grades but skarn deposits often have better (ie. higher) grades at depth. An obvious buying opportunity for existing THR shareholders?
the board in place now is the strongest they've ever had.
proof will be in the drilling results as with any explorer. Simple as.
With the recent mgmt changes. Do you have confidence in the current Executive team? Board has been strengthened but I worry about the operational competence of the execs.
The real issue is the mixed messages coming from those in power, USA wants Uranium & rare earth materials yet it's admin are pushing to shut down their Uranium/Rare earth processing plant (duh!) - same with UN statement about mining bad due to carbon footprint (duh!) hell the whole system wants green tech, green power but don't want the materials that are necessary for it's creation being extracted or processed (double duh!!!) Either way Australia is still one of the best western jurisdictions for bot supporting and promoting mining so when all the other mines around the world are being closed, guess what won't be. Then look at what the SP does.
I am too, I am here, UFO, PREM, BZT and GWMO, it don't take a lot to move these up and I for one am excited by the RNS here today and by the asset that UFO and PREM have. BZT copper 50/50 but GWMO I am still not to sure about. IMHO GLA
I have interests not only in Thor but other miners as well and they all seem to be waiting for one thing or another. Patience patience patience.
I imagine the bigger traders view the news as very positive but will want to see the assay results which should be within the next 6 to 8 weeks. The problem in the past with Molyhill was that the mine life was considered too short. If the assay results for hole 2 and 3 look good, which think they will and it increases the mine life then all of a sudden Mollyhill becomes really attractive. At the moment the market is focussed on Ragged Range. Mollyhill now provides another play for THR which could be very exciting!
to be fair an awful lot of good quality shares not just in the mining space have been punched down in the last year....
Are you looking at the same price charts as me? Its been a steady decline for a year? nice and steady... 1.2 down to here...
I am a very optimistic person, but jeeze, this stock really tests me...
THR price is being held back due to accumulation and eventual capital raise in early January 2022 (just guessing with timing) by some entities.
I’m hoping these entities get punished dearly and hoping drill hole 3 of Molyhil is amazing but also ragged gold and wedding bells permit announcement is released at the same time so these entities get punish.
I try to ignore price movements as I know these entities are playing with the price.
Don't get disheartened.
The spread has opened up as the MM's want to make more money and get shares on cheap. The volume is low on sells as everything known and expected supports that this share is only going in one direction... And it isn't down.
As always... It baffles me totally. I am not trading wizard by any stretch but I do wonder about the legitimacy of it all. That to me sounds like a fantastic update... And we have had 13 'trades' of which 9 are showing sell.. Its all bonkers in my world...
Such good news and such a flat reaction!
…molyhill was always the company maker…great to see it back on track…if this truly comes off…the sp upside is enormous…gla
Kam , good luck, you never know !
Over 45m of Tungsten-Molybdenum-Copper Mineralisation Intercepted
Molyhil Project, Northern Territory
180,000
I knew if I held my shares long enough I might recoup. I paid 8p around Spring 2013 lol, still have 160,000
Nicole Galloway Warland, Managing Director of Thor Mining, commented:
"We are excited to be sharing this new discovery at our Molyhil critical metals project.
Testing a new geological concept, in this case an interpreted magnetic target from 3D modelling to the south of existing mineralisation, has paid off significantly. The tungsten-molybdenum-copper mineralisation is open to the south and the third hole is designed to test this south plunging model.
The extension of this mineralisation, directly south of the deposit, in a previously untested area, is pivotal to the overall Molyhil project. We look forward to updating shareholders as more information becomes available."