Member Info for MisterPositive

My 62,845 Buy @ 3.36 showing as Sell...... Looks ready for an uptick i think. 75% off SALE almost finished......last few remaining......LoL

Few chunky Buys just come in now.

May be MMs have filled that Buy order now?

at 3.27.....not showing.

Thor Mining looks well set to start �turning resources into money� 09:40 31 Jan 2018 Thor Mining has a strong pipeline of projects across an attractive range of commodities. Thor Mining PLC (LON:THR) is in the enviable position for a junior miner of having removed virtually all exploration risk. And not just across one project, but across three, all with commodities that are currently enjoying a strong pricing run. �We have three projects, each of which is likely to mined at some stage in the not too distant future,� explains chief executive Mick Billing. �Of the three deposits we have resource estimates on two.� The most advanced is the Molyhil tungsten project in Australia�s Northern Territory, which should get financed in the middle of this year, and thereafter move on into construction. But coming along behind is the Pilot Mountain tungsten project in Nevada, which already boasts a combined resource across two deposits of nearly 12 mln tonnes of mineralised material. And that resource is likely to be followed by a maiden estimate on the Kapunda copper project in Australia, for which Billing also has high hopes. In support are an Australian lithium project, and a royalty on an old Thor project called Spring Hill, now being developed by private Australian vehicle PC Gold. Like all good mining executives Billing is keeping his options open as regards to the future of his leading projects. �A lot of the risk associated with grass roots projects is now gone,� he says. �We�re now in the process of turning resources into money. We can do that in one of several ways. We can package our assets up for sale and sell them for quite a few multiples of what we�ve spent to get them to where they are now. Or we can take a development approach to each of Molyhil, Pilot Mountain and Kapunda. The two are not mutually exclusive.� All that being said, it seems clear that the big news during the first part of the year is likely to relate to Molyhil. �In the case of Molyhil, all the exploration has been done,� says Billing. �All the metallurgical work has been done. The work we are doing at the moment is an upgrade to the feasibility study. It�s quite intense, but of relatively short duration. And it doesn�t require enormous amounts of money, which is a good thing.�

�A resource estimate for Kapunda should be out shortly,� says Billing. �We will then demonstrate that we can recover via in-situ recovery.� That will make it one of the few viable in-situ copper projects in the world, and as such it ought to garner significant attention. It seems likely, too, that investors will increasingly be drawn to Thor on ongoing positive newsflow, since the company is unlikely to dilute any time soon. �We raised a bit over �500,000 in October,� says Billing. �And we�ve since had about �1.3 mln come in via the exercising of warrants. That allows us to say to the market that we have sufficient funds to do what we need to do in 2018. We won�t need any additional money to keep us going.� Of course, if additional opportunities come along, then things might change. And this market is now beginning to hot up. http://www.proactiveinvestors.co.uk/companies/news/190899

Zn Price Used: US$2,400/t US$c/lb1.09 Company used above conservative estimates: http://www.kitcometals.com/ Zinc: US$/lb = $1.62 http://markets.businessinsider.com/commodities/zinc-price Zinc price per Tonne = US$3,600/t

http://www.kitco.com/news/video/show/VRIC-2018/1831/2018-01-26/Gold-And-Silver-Are-Going-to-Explode---Bill-Murphy Gold and silver should be trading at much higher levels when compared with historical prices, said Bill Murphy, Director of the Gold Anti-Trust Action Committee.�Two of the markets that should be on fire are gold and silver,� Murphy told Kitco News on the sidelines of the Vancouver Resource Investment Conference, �when you look at where we were six, seven years ago, it�s nothing, and silver at $17 [an ounce] is one third of where it was 38 years ago at its high. When [silver] gets above $21 [an ounce], it will actually trade like bitcoin, and it will go bonkers.�Speaking on bitcoin, Murphy said that bitcoin traders are taking some of their profits and putting them into gold and silver.�Some of that money is already coming back into precious metals,� he said.

http://www.kitco.com/news/video/show/VRIC-2018/1832/2018-01-29/Gold-To-Hit-$1450-Silver-To-Outperform----David-Morgan Gold and silver should see further appreciation in 2018 through 2020, said David Morgan of The Morgan Report. In an interview with Kitco News on the sidelines of the Vancouver Resource Investment Conference.

Agree 100%. I never put Stop losses. Market makers always hunt them down to grab any cheap shares. Especially if MTR is buying at Open Market price, then MMs will need to grab stock from somewhere. Hold firmly on to your THR shares. They should become very valuable in coming months. Thor already has substantial JORC resource in place and growing further. Firmly believe Molyhil will be Bought by Chinese OR other bigger player soon after upgraded DFS for Molyhil is published in this quarter. Imho, Dyor

MTR is swapping out of Kingsgate and into THR.....by the looks of it. Had a very strong feeling that is what MTR were planning to do after their previous Holding notification in Kingsgate when it dropped to c.5%. Always read between the lines for clues. Look forward to next MTR Holding RNS in Thor mining very soon. My own guess an uplift of another 2.5% to over 13% Holding in THR.

This is one of those stocks you accumulate and simply leave for 5 years to Multi-bag many times over from current levels. Company now has new positive focus in taking FCR forward. Commodity cycle is now firmly on the Up with higher price revisions coming through. My own strategy would be to accumulate quite a few million shares at current price and let the company grow its Toral asset first and Lago thereafter. Can see few here talking the company down for a lower entry. Good luck to all.

Yes CAML deposit extremely similar in both Grade & size to FCR's TORAL deposit. Yes CAML deposit is in Production compared to FCR. Well I will be happy for "Toral" to get to Production for 100 x Bagger, even if I have to wait 5 years.

Mannnan Thanks. Just listened to the Proactive interview......Awesome. Resource gets bigger. They only gone through 3.3km strike length. Another 2.5km to go through yet. Shocked to see the $400m gap in MCap between FCR and Their nearest competitor. FCR MCap $4m is simply a joke and unbelievably low any way we look at it. Wait for that massive gap in respective MCaps to narrow in coming months. Best entry level right here, right now in my opinion.

Agree with Craig. For medium term hold, no issues for entry price. Already cheap entry in my view. Unless you are a trader who are more picky on their entry / exit points. REE prices forecasted to move higher for coming years. With low free Float, not too many shares around. So re-rate here could be quite fast.

Price behaviour today suggested to me a Big Buy limit order has been with MMs at a set Buy price. Soon as MMs have filled that big order (most likely MTR) they should let it go. Despite repeated Buys today, price just did not budge, infact dropped 7% in the end despite price on ASX being up +23% overnight.

I am pretty sure since notifying 10.87% Holding, MTR have acquired a lot more over past 2 days at around 3.40-3.50 average. Close to 26m traded since this Monday. Lot of big 500k, 300k, 250k trades going through. You only need to have acquired another 6.08m (1%) in the Open market to trigger another Holding RNS to get to 11.87%

Will be adding more tomorrow.

Gizzard. Top post. Highly recommended. Seen many times delayed reaction to a great RNS. Let the market digest today's RNS. Might top slice some @ 1p depending on what Qty I am holding by that time.

Not checked the past and no need to. It's the future potential that drives the re-rate. Invested on today's RNS. Based on that I see a bright future for FCR now.