Member Info for MisterPositive

Primed for breakout anytime out of no where ahead of Gold assays from Pilbara.

MCap cannot stay low at £7m forever.....

Just 25,000 ounces of Gold @ $2000/oz = $50m

Without putting any value for Copper, Nickel, silver.

RoronoaZoro121,

50m MCap would be about 4p.

This should be sitting lot higher than 7m Mcap...imo.
Should be closer to £50m MCap even at this stage.

Sum of Parts valuation....by adding value for each asset could be lot higher.

Could very well follow GGP trajectory as they too were stuck around 0.5-0.60 range before breaking out past 1p and 2p followed quick once 1p was cracked.

Baggy,
Company is fully funded as per their last RNS. Company already raised funds in June for the projects. On top of this company would receive A$1.0m from Spronghill Gold royalties.

Also Kapunda Gold & Copper deposit being funded from AUS Govt cash grant.

For USA projects company is in ongoing talks with Strategic partners to come on board as per RNS.

ECR went from 0.50 in March to 2.35p in July.

THR could do better in my view.

This should Zoom higher in coming days n weeks. Lot of activity lined up at both Kapunda & Pilbara.

Visible Gold from multiple locations at Pilbara is going to keep THR busy with lot of follow up drilling, while EnviroCopper are busy at Kapunda Copper & Gold deposit.

This price would be history in coming months while both Copper & Gold prices gain further traction.

I know I keep referring to low £7m MCap....that would change soon as the company gets busy at Pilbara.

Gold from Kapunda would be extracted at ZERO cost.

at Pilbara. Assays due shortly.

MCap £7m way too low vs peers.

There seems a disconnect between value of all THR assets vs current only £7m MCap. That could change soon, as the whole commodities value curve moves higher.

Waiting for Gold assays. They have not started the drilling. Once they commence drilling we should get an estimate of how big and deep this Gold deposit might be.

But with visible Gold mineralisation from multiple locations as per earlier RNS gives a good indication of what comes next.

Think MMs trying to collect on the cheap before the crowd comes in ahead of Gold assays.

Using a wide spread, so system records Buy as Sell when its executed below mid price.

Gold assays to follow.

THR current MCAP at £7m only?.....cheapest given the quality of assets it has acquired over last 10 years. Time to reap the rewards now as new commodities Bull cycle kicks in.

Even at 4p...MCap would only be £51m.

Claire,
Excellent summary.

With commodities new Bull cycle just starting, THR with its multi-commodities assets in prime position to gain.

At £7m MCAP.....this is ridiculously cheap...free money.

Is somebody building a position here ?
While it's cheap...do not blame them.

We know how fast this can move.

£7m Mcap and only 1.2B shares compared to others with 10 x more shares in issue.

£28k.......hmm

Not your punt money that.

Love the CEO comment
...."whole area is polluted with Gold"....

Past RNSs and 31 July proactive video interview.

Proactive interview from 31 July and past RNSs.

Listen to the Proactive interview where Mick confirmed the ISR process. They said, copper is in the ground and also in the water. They tested it and said, they can extract it using any of the 3 methods.

1. Ionization
2. Copper cathode
3. Copper solution (solvent)

As they found Gold in 1/3 of all holes drilled so far....Gold would be extracted along with Copper at ZERO cost.

So any Gold ounces extracted would be MASSIVE bonus on top of the 120,000 Tonnes Copper from Kapunda and 114,000 tonnes Copper from 'Moonta' deposit.

MCap £7m ???

Significantly undervalued in my view any way you look at it. Massive upside if you can hold on to it.

This could be 3-5 bag in very short time frame.

MMs dropped it a little to grab some I think.

Typical of them before news. Think RNS incoming. 3 weeks were up last Friday.