RE: Been burned (again)20 Sep 2018 12:21
After a decent 2017 this year has been rather dull in the resources sector. Its important to remember though that bear markets are the authors of bull markets (Rick Rule’s words) and we’ve been in a long bear market of which many agree the bottom was seen in 2016.
A good 2017 and a pull back in 2018 before the next bull run would be expected. Frustrating though it can be it provides an excellent opportunity to buy in the sales. Its funny how in a shop you would be more inclined to buy something you like when you see it cheaper on a sale but in the stock market we tend to worry when it gets cheaper when we should be grateful for the chance to buy in cheaper.
Nothing has fundamentally changed in Thor, we’re more advanced than we were a year ago.
1 Australian tungsten/Molybdenum project ready for financing into production within months.
1 huge tungsten project in the USA when Trump want to source strategic metals at home and not from China (note the recent trade wars exclude certain strategic metals including tungsten as presently the US is heavily reliant on China for tungsten)
And 1 really good looking copper project with a Australian government grant to fund new extraction techniques.
Thor is robust with good financials, a hard working honest CEO and 3 great projects. Thor right now should be trading much higher, the next bull run will only exaggerate that.