Member Info for MisterPositive

That is a phenomenal 'independent' upgrade from previous estimates.

Independent Prospective Resource estimates were prepared at Project Icewine for prospects in the vicinity of the recently drilled Charlie-1 well.

Excellent oil saturations were observed in cores taken from this horizon during the drilling of Charlie-1.

Prize here is just too big.

Bitcoin clearly in the buggest bubble i have seen since the Dot.com bubble which was followed by a severe crash.

Bitcoin is not digital gold or replacement for USD.
Its neither, but some folks pushing it like that. Try making jewelry with a bitcoin. I think central banks soon going to take action on crypto when they all are back in office after the holidays. Some folks are going to lose a lot when these wall street sharks reverse their trade and sell out. Most of them should have been in jail after 2008 financial crisis they caused. Anyway not going anyway near that mania.

Traditional safe havens both Gold and Silver should eventually shine through the rubble.

I take it you were relating the shiny happy people to Silver shining through in 2021....

In fact Tesla shorts helped propel share price to new highs repeatedly as each time they had to scramble to close their shorts, but not quick enough.

No body in their right mind would put a short here. Its only 2.59 pence for goodness sake....not £2.59.....

Look at all the shorts at TESLA, who got burnt big time. You do not go against the trend. OK Tesla is way overvalued and in Bubble territory imo. Other major automakers moving into EV market in a big way now.

Market takes worst case scenario upfront as this was priced to fail.

Art M pulled that rabbit out of the hat and turned this on its Head with Atomic deal.

OP226 not priced in at all.

Re-rate here should not stop at 2.5p this year. Got a long way to go. Mid tier company in the making for sure in my view. Buy and Hold....simple.

Shame it was only half day trading on Thu.

This was moving up towards the close. With full week ahead, will not be surprised if this is back over 0.30 and then over 0.40 as Atomic deal news sinks in with the wider market.

Agree. Copl is re-born.

2021 should be a good year here.

Mick Billing finally getting it right having moved in to the hot commodities like Gold, Copper, Nickel, Uranium and Vavadium. Even Molybdenum and Tungsten prices are now moving higher.

I agree on one point, Thor in earlier years went into Molybdenum and Tungsten at the wrong time as those commodity prices stayed suppressed for much longer than Mick Billing had hoped for. But that is also about to change. The whole commodities Cycle is moving UP as Governments globally ramp up their battered economies. China, South Korea, Japan, Taiwan, Vietnam, Indonesia, Malaysia will the biggest drivers in coming years starting with 2021.

At such low Mcap, THR is very well positioned to gain Maximum upside from all commodities they own. Looking to add 1st thing tomorrow.

Please DYOR. GLA

silver is a unique precious metal in that more than half of the supply is actually used for industrial purposes. The main driver for this is silver’s excellent reflective and conductive properties. An interesting application of silver is within the solar photovoltaic industry. Silver is used extensively in the production of solar panels.

Electronics industry only uses the purest silver at 99.9%

Smiler
Different articles highlight different metals depending on who their sponsors are.

We know Silver is industrial metal with much wider use. With global economies looking to ramp up their economies, Silver demand is only going to increase. Solar panels alone globally will need lot of silver.

Yes profitability depends on demand for your products. There is now a Government push on a global scale for green / clean energy. EQT product mix is very appealing to a much wider industry. Hence the upside I would say could be unlimited here as more Industry players come on board. Wood Group collaboration would just be the start here opening the gates for other players to also enter and embrace EQT tech.

Market is forward looking and re-rates on future outlook and massive potential. Current Mcap looks very cheap here given the scale of the problem globally to shift to this new Paradigm.

10p near term very much achievable here in my view before bigger price catalysts kick in this year.

https://www.kitco.com/news/2020-12-29/Top-uranium-miner-Kazatomprom-sells-49-interest-in-two-mines-to-China-s-CGN.html

RNS 4 NOV...
"We are very pleased with the high grade assays from the initial sampling program conducted in Colorado."

"Our next step with this project is likely to be a drilling program on a number of the Colorado targets, scheduled following the North American winter."

COPPER - just think of the 230,000 Tonnes of Copper so far from Kapunda & Moonta deposit with lot more resource Upside to come through in 2021.

Add the 'New acquisition' of Copper deposits from Alford East -

"Thor to acquire up to 80% interest directly in the Alford East Project, covering portions of EL6255 and EL6259)."

The Alford East Project comprises numerous oxide copper-gold prospects including Alford East, Netherleigh Park and Netherleigh North, each with extensive previous drilling. Copper-oxide intercepts include:

* 122m @ 0.63% Cu from 95m (ALDDH09) including 14m @ 2.26% Cu from 111m

* 76m @ 0.95% Cu from 138m (ALDDH01) including 14m @ 2.18% Cu from 146m

* 14m @ 1.5% Cu from 162m, and 34m @ 0.5% Cu from 190m (MPBD3).

* The Alford East Project covers the northern extension of Alford Copper Belt, where to the south west EnviroCopper Ltd has reported an Inferred Mineral Resource of 66.1Mt @ 0.17% Cu for three deposits Wombat, Bruce and Larwood (THR:ASX Announcement 15 August 2019);

* The Alford Copper Belt is a coherent zone of potentially In Situ Recovery (ISR) amenable copper-gold oxide mineralization, within a structurally controlled north-south trending trough of deeply kaolinized and oxidized metamorphic units on the edge of the Tickera Granite;

* Multiple substantial 'walk up' drill ready targets.

GOLD & NICKEL - Ragged Range (Drilling in Q1)

URANIUM & VANADIUM - Drilling in Q1

MOLYBDENUM & TUNGSTEN - Price moving higher - Thor seeking JV partners for MOLYHILL and Pilot Mountain

Current price look like a steal.

Very busy 2021 ahead at THOR.

Upside here is absolutely huge due to much wider use of EQT tech across much wider industries.

10p first near term target for me.

Rest of the price targets should follow soon as this gains traction. Lot of funds will be coming into the green / clean tech this year which is going to be like your next Cannabis stocks. Just make sure you got plenty.

https://www.mining.com/web/billionaire-friedlands-spac-readies-funds-for-clean-power-push/

2021 should be an excellent year all round.

https://www.mining.com/web/billionaire-friedlands-spac-readies-funds-for-clean-power-push/

Copper, which stands to benefit from the clean-energy transformation given how much of the conduit is used in renewable sources, posted a ninth straight monthly gain on the London Metal Exchange, the longest run since 1994. Nickel recently touched the highest in more than a year. Chile, the biggest copper-producing nation, said earlier this month it would merge its mining and energy ministries, highlighting the extent to which the two sectors are becoming intertwined.

“Decarbonizaton is bullish metals,” Francisco Blanch, head of global commodities & derivatives research at Bank of America Securities, said Thursday in an interview on Bloomberg Television. “Copper goes through the eye of the decarbonization process.”

Ivanhoe Capital said in the filing that, based on McKinsey & Co. estimates, global electricity consumption will double by 2050, led by the electrification of transport and buildings. Also, according to Morgan Stanley, electrification, together with other decarbonization technologies, will require $50 trillion of investment over the next 30 years.

Gary
Totally get what you mean. Led to lot of frustration with some folks selling out to take a punt elsewhere. Happens with lot of shares. Then one day out of no where it would do 40 - 50% move UP.

folks who sold, start buying back in even higher and happy to do so once sentiment turns around and momentum kicks in and NEW highs are made along the way.

AIM trading is 50% based on Psychological behaviour.

Brombarb
Thanks. Very helpful.

Been away from.88e for a long time. Lot to catch up this weekend.