Member Info for MisterPositive

Smartassss Thx for letting us know. Good luck with that.

WTF..... ASX close at 7c (4.06p) at 0.58 fx

Expecting this to move now in 4-5p range for starters

GK Ha ha ha.....I know mate. 4p should break today.

7.2 cents (4.2p)

Lot more to come. Watch for MTR to lift their Holding in THR over +15% in coming days at these low prices.

Think more to come from MTR. They seem to be building a strategic Holding in THR. This should be closer to 10c and still would be so cheap.

Could that be another +1m buy from MTR? I am pretty sure MTR not done yet building their stake in THR. More Buys to come from them I think.

DSQ Thanks. I know LSE site is not reliable.

Key Aspects of the Business and Financing Relationship: "Canada Rare Earth and Talaxis have signed a Memorandum of Understanding (�MOU�) that sets out the proposed principles of a working relationship leading to cooperation in the development of supply chains in the rare earth industry. The terms and conditions are to be negotiated and included in subsequent definitive agreements which will detail arrangements regarding sourcing, processing and delivering rare earths, refinery facilities, financing capital expenditures and trade finance support. The MOU also includes provisions for the parties to negotiate terms upon which Talaxis may participate in the capital structure of CREC using hybrid capital solutions that include debt, equity stake and warrants." We already know Talaxis will qualify for additional 26% stake in MKA on arranging Project Finance for Songwe Hill. Wonder if CREC are the ones being lined up by Talaxis for funding Songwe Hill ? Thoughts ?

Have not read the Noble debt deal details. So not sure what Noble plans for Talaxis are just yet ? However if Talaxis is doing well for Noble then they might want to keep the successsful businesses intact and only sell off the loss making businesses to pay down / reduce their Debt burden. That would be my own view.

Talaxis just end of last week did a deal with Canadian Rare Earth Corp. who are looking to build an integrated REE business. Wonder if Talaxis are brokering / structuring Songwe Hill asset for them ? Will find the news wire link and post it here shortly.

LSE total volume showing 15.1m Bought: 5.22m Sold: 4.6m Missing trades: 5.3m ? Looking for later reported after hours trades either today / tomorrow.

Olderandwiser Are you referring to Noble group may be selling their wholly owned subsidiary Talaxis to the highest bidder ? Chinese or someone else. Unless I mis interpreted your comment.

Charley, Why not buy THR directly and get 100% exposure to multiple assets with lot of near term news flow. MTR got just under 11% of Thor. I envisage MTR to lift their equity stake in THR to 15% very shortly, may be more while THR share price is still too low. Imho.

Dunkemann, All kinds of arbitrary figures are applied across the industry. Litmus test is the DFS to validate project economics. Revised DFS for the much advanced Molyhill project already underway and due in this current quarter. This is to incorporate further cost reductions & capital estimates. Also reserve figures quoted in 15 Jan RNS are from 30 Jan 2014 report and derived only from the 'Indicated' category. Excludes anything from 'Inferred' category. So would expect further Upside on the Tonnage also in the revised DFS. Current estimate of Tungsten Cost / kilo is $11 for Molyhil and only $8 / kilo for Pilot Mountain Vs market price at 4x times. Molyhil cost estimates expected to decrease further in the revised DFS this quarter. Thor planning to bring Molyhil online sometime this year unless it's sold prior to the Chinese Or any other highest Bidder. Thor is in transition from explorer soon to be producer. Gold price analogy probably not the best comparison. Most producers have such high AISC costs around $1050-$1100 per Gold oz leaving lot less profit margin. Gold is safe heaven metal with no industrial use with Central banks & jewlers as the main buyers. Tungsten has multiple industrial uses. Not to mention the other deposits, Nickel, Copper, Moly, Cobalt, Lithium. Thor is significantly undervalued any which way you look at it. Revised DFS just for Molyhil would be a very good metric for Valuation for starters. Imho. Good luck to you.

"Looking ahead, Knick Exploration President and CEO Jacques Brunelle said that just like graphite or cobalt, tungsten will be the �flavor of the day, most likely in mid-2018,� supported by a major increase in space development." �Shareholders will be on rendezvous when the market picks up, and it will be a very bullish market when they understand that America holds strategic minerals like tungsten without foreign intervention. That�s something China doesn�t know,� he added. THOR Mining probably sitting on one of the best most valuable 100% owned Tungsten deposit in Nevada (USA). Cost / Kg only $8...........Just awesome.

Thanks for sharing. Chart looking really good for an imminent 'Break-Out'. Love this bit... #THR close above 3.75p and we can head up towards 5.6p https://twitter.com/andrew_neal7

* Metal Tiger, reflective of the premium price paid for Thor stock, will receive a 90 day right of first refusal to participate in any new joint venture, acquisition or similar transaction undertaken by Thor during this period; * The right of first refusal shall not automatically include any current discussions or negotiations with third parties in relation to existing Thor projects held or projects already under review, however Thor may extend an invitation to Metal Tiger to participate should this be considered appropriate to all parties. NOTE: ...."CURRENT discussions or negotiations with third parties in relation to existing Thor projects"...

***Correction*** Molyhil worth +$438m (Tungsten + Molybdenum) (Tungsten deposit alone is worth +$321m)