Member Info for Impecunious2

Hi, jwoz

I don't agree with your point number 1. Seingred's not putting more money in; he's re-investing the proceeds of his previous sale at a lower price (which is what I did recently, though the timing certainly wasn't perfect). He ends up with a larger number of shares, but no more cash invested.

Hi, Seingred

You can post anytime of the night, as far as I'm concerned. I enjoy reading what you write, and it's good to hear from someone who's not über bullish on OMI (though as half of my capital is invested here, I'm guilty of the sin myself).

Best wishes

Hi, Trueblue

Exactly. Some company, one can do without.

Best wishes

Just for the record, that sell was nothing to do with me.

I found this article very helpful. It was written in 2017, so the figures given for the cost of mining and the prices of the different metals are out of date; but it's still well worth reading.

https://www.mining.com/web/making-the-grade-understanding-exploration-results/

I found this article very helpful. It was written in 2017, so the figures given for the cost of mining and the prices of the different metals are out of date; but it's still well worth reading.

https://www.mining.com/web/making-the-grade-understanding-exploration-results/

I found this article very helpful. It was written in 2017, so the figures given for the cost of mining and the prices of the different metals are out of date; but it's still worth reading.

https://www.mining.com/web/making-the-grade-understanding-exploration-results/

Hi, jwoz

I think there's something fishy about Fish, too. We had these types on the GGP board; so perhaps we should regard it as a consequence of success.

Hi, Troajan

A very good joke, if I may say so.

I'm so glad I bought back in yesterday (having sold some on Tuesday).

Hi, Pidster

I'm no expert in these matters. But what you have to do is sell on the good news, when everyone is saying this is going up, up and up; life-changing amounts of money, and all that rubbish.

Best wishes

Hi, Kluck

Yes, I didn't attach any comment to the quotation, because I was feeling rather unwell at the time (now much recovered after a bottle of white wine). But it has long occurred to me that Thor needs an income, and the two ways of getting that are Molyhil and the copper in South Australia. Which happens first doesn't matter, but we need one of them to happen to rescue the share price.

Hi, Middle East

Thanks for this, doesn't surprise me at all. One question, when you say "leader board of the shares," do you mean AIM, or the main market? It sounds like the first, but some confirmation would be welcome.

Best wishes

Hi, sharetrader

I'm with you on this. The share price may go lower in the next week or two; but above 20 pence by Christmas is very likely.

Hi, Islandgirl

Yes, I've been no great admirer of GGP, since Gervaise Heddle resigned in January of last year. The end of an epoch, etc.

Hi, Vicjain

I think one has to divide one's portfolio into two parts; the trading one, and the investment one. Trading is stressful, and time-consuming; but does allow one to support the share price of an excellent company, when it has fallen to ridiculous levels. I do not say that this is now the case; but in the 12's, I'll be back in.

Best wishes

Entirely normal for an AIM share to retrace much of the gains made on one day, on the next. I sold 15% of my holding yesterday (in order to buy back in), and of course should have done more. Errare humanum est.

The share price movement is similar to what happened in July last year. There was a one day rise (from 14 to 28), followed by a decline, which began the next day (and took the price down from 28 to 18 over a two week period).

A sharp one day rise, caused by a good drilling result; followed by a decline the next day.

"The Molyhil Project is Thor's most advanced project with significant work having been undertaken including a feasibility study completed in 2018, showing the project to be profitable production with low operating costs and early payback of capex (THR ASX, AIM 23 August 2018).

As part of Thor's corporate strategy to add value to projects through discovery or partnerships, the Company has commenced discussions with potential Joint Venture/Earn-in partners to progress Molyhil towards development."

Hi, Zan

Thanks for this, which I've only just read. I've been diverted by events over at OMI; have taken some modest profits there, which will go into POW. In my view, everyone should be holding both.

Best wishes