RE: Sober11 Dec 2017 09:37
Indeed true Art.
However Western Shaw is very early days. From RNS:
"The board of Thor Mining PLC ("Thor" or the "Company") (AIM, ASX: THR), is pleased to advise that it has entered into an option agreement to acquire an interest in a tenement, which is currently subject to license application, known as the Western Shaw Project...
Thor has entered into an option agreement which gives the Company the right to acquire a 75% interest in exploration licence application ELA 45/4960 in the Pilbara region of Western Australia from a private Australian company, Redstone.
Evidence exists, from satellite imagery, of historical prospecting and artisanal mining within the project area, however there has been no systematic appraisal employing modern exploration techniques. ..."
It's well worth exploring and Thor are not risking much as yet to get that ball rolling, but news of this agreements putting 50% on Thor's Valuation overnight in Aus is not translating over here. I think the UK market is wanting firmer evidence. It will come.
ATB.
GK.