Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
You could also invest in a fund like Mike Novsgratz's Galaxy Digital
If you have any bitcoin ether or litecoin
Earning nothing you could move some to something like blockfi and earn 6% on bitcoin
Have it pay out in bitcoin LTC ether or USDC and earn 8.6% on that or 9.3% in Tether
Interest is paid the 1st of every month.
Any pullback in btc you could use the interest to buy more or just let it compound
Lemmings or sheep
SAT nice bitcoinbuyer
But don't think the BOD have time to read BB
They should be busy getting Leigh Creek online for next year
Meanwhile I'm sat hodling my Sats and even earning 6% on some of it
Love checking out how much interest I've earned when I have breakfast in the morning :)
And the reply from black cat
Hi Rubiconis In the exploration business advances in the understanding of how and where gold deposits may be located dictate the manner in which you should explore and the terrains where you are going to get the best bang for your buck.
Only five years ago the Pilbara was not considered a very attractive place to prove up a significant gold deposit. Some 150 years of exploration had never produced a gold deposit in the Pilbara similar to all the big discoveries in the Eastern Goldfields.
Then along came the conglomerate gold frenzy with Novo Resources leading the charge based on the theory the Pilbara represented another Witswatersrand similar to South Africa. During that time I and many other companies moved aggressively on areas that had Mt Roe Basalt and Hardey Formation contacts. The Ragged Range tenements we sold to Thor had some of the those rock types but also contained very prospective Euro Basalt - ultramafic settings similar to the GGP discovery abutting both E 46/1262 and E 46/1190.
The mafic -ultramafic gold settings still have a lot of potential and Thor is aggressively pursuing that objective -to try and locate the source of the gold in streams. Hence my comments in that respect.
Now if you did any research you would understand that in the last year or so De Grey have made stunning discoveries in completely NEW geological settings -granite intrusives -in the Mallina Basin - a setting never before witnessed in the Pilbara.
So after 150 years the Pilbara is indeed able to boast the same potential as the Eastern Goldfields and that has been the catalyst for an exploration rush to position in areas with similar Sisters Supersuites or similar geological settings. De Grey now have a multi billion dollar market cap.
Thor have a very exciting project in conventional mafic -ultramafic rock types but all the excitement and the ability to raise significant capital is focussed on granite intrusives and that is why in my opinion Thor should be aggressively expanding its exploration footprint in the Pilbara -not just resting on its laurels with Ragged Range.
Interesting question on and answer on Hotcopper
Hi Black Cat. So, yesterday I began my research into Thor, stream sampling and using that to zero in on a potentially economic, host mineralisation drill target is very interesting.
Then I came across this thread. So, out of sheer curiosity, and an abundance of caution, I would like to ask...why did you sell it then? I mean, if there truly is the value that you believe in this patch of ground, why not develop it yourself? Surely, the gain would be significantly greater, no? Hope you don't mind me asking.
And secondly, you mention DEG a few times, in relation to the similiarities of the mineralisation type? Something about it's understanding being only 150yrs old? What is this about?
And lastly, if you don't mind, what had you so convinced? And why did all the geologists in London laugh in your face? They simply didn't understand this deposit? Not well-educated?
Thankyou very much for your time. Cheers.
I was sitting on a loss for ages hot bought at 1.67 on the way back down from 4p and kept falling.
Averaged my price down by buying at 0.021 and more at 0.032 recently derisked
So my paper loss turned into a banked profit and still holding loads of stock.
If you believe in your investments brought at higher prices why not buy at a lower level.
The directors of Thor Mining Plc (“Thor” or the “Company”) (AIM, ASX: THR) advise
of a change in the Company’s auditor.
Following the receipt of a resignation letter from Thor’s incumbent auditor,
Chapman Davis LLP, Thor has today formalised the appointment of PKF Littlejohn
LLP.
The resignation letter received form Chapman Davis LLP noted “no circumstances
connected with our resignation which we consider should be brought to the notice
of the members or creditors of the Company” under section 519 of the Companies
Act 2006.
The appointment of PKF Littlejohn LLP will be put to a shareholder’s vote at the
Company’s next AGM.
Authorised for release by Ray Ridge, Company Secretary
For further information please contact
THOR MINING PLC
Ray Ridge, Company Secretary