Member Info for bsg4

That's true. It would be nice if they produced something by now.

Mick's never happy with his lot, he's always buying more. At our expense. Dilution, dilution, dilution. Will not be long 'til 3Billion shares again.

If it's all so rosy, why hasn't the price moved. PLACING! IMO.

It will be boarder line at the best IMO. Look at their history.

...or it's not looking as good as they hoped, so they're trying somewhere else. To keep the home fires burning a bit longer.

Often when new opportunities purchased by THR it means the current lot are dead ends and Mick needs more excuses to place and drill....

More plates to keep spinning!

Under 1p today?

I think MTR were ****ed with this placing. They had no option on price, that's all they could get. Desperate! So they got as much as they could to keep the lights on for as long as possible, instead of IMO focusing on one project, any project and getting it across the finishing line.

I think the 1.2B FOR 300k was after a couple of 100k placings. So why place so large at the lowest price possible?

BOD always knows they can offer themselves some cheap options along the way. Most of the shares the BOD have, have been purchased in these bargain basement placings.

Just showing in the past how easy they diluted holders to oblivion. Probably happen again soon. IMO.

Here's a good one.

17 May 2016

17 May 2016

THOR MINING PLC

Placing to raise GBP300,000

The Directors of Thor Mining PLC ("Thor" or the "Company") (AIM, ASX: THR), are pleased to announce that the Company has, subject to shareholder approval, raised GBP300,000 via a placing.

Highlights:

-- Thor has raised a total of GBP300,000 before expenses through the placing of 1,200,000,000 ordinary shares of 0.01p each ("Ordinary Shares") at a price of 0.025p each with new investors (the "Placing");

Lifestyle company for Mick and his mates.

TT "If it's not, then you've lost your credence with me completely!" You're not the only one!

It will drop like a stone if it gets under 1p IMO.

Mick doesn't need targets to drill. Drill, place, drill, place...

Seems a few have left the party?

That should delay the next placing by a month or two. Perceived late airborne results, could mean they are poor.

Struggling...