Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant. Watch the video here.
Trojan The gold price is AUD$ 2300 oz or thereabouts and average AISC about $1200 oz -many top producers under $1000 oz so that equates to HUGE profits for the average Aussie gold miner. I suggest you refocus from the dog stocks on AIM and start doing some serious research -gold production is highly profitable in this country. AIM is toxic - very few genuine exploration - mining companies.
Hi Joe I am okay -82 in a couple of weeks and still stirring the possum. Hope you are well too.
Thor had /have the capability to secure a gold project -check out SPX - MEI - RXL - AAR and others I am on board -plus maybe fifty other multi baggers in Aussie gold. Its still tentative but many multi baggers -like Bellevue - Red 5 -
As you know I was involved in the listing of Cobra -hopefully Wudinna will bring home some bacon -
Thor has shot its bolt now - a long climb back but if everyone listens to me it can recover quickly if Panorama comes up trumps. A few bags of nuggets recovered with a metal detector as GGP have done and it is on the radar screen - a premium in the stock and like GGP some very basic exploration. Worry about drilling and scoping studies later -once the stock has some traction.
Now Karlawinda is most likely more exciting -I have 80 sq km only a few km from the new CMM gold mine being developed at Bibra. And guess what - I positioned Hamersley Metals -now Thor with three big EL's surrounding Capricorn. And Billing cant even issue an RNS ! Mate there is no need for expensive exploration programs at this stage -CMM another of the stocks I am on board has gone from 7c to 23 c today -a market cap of about $360 million. Then guess what I have Territory Prospecting one of our private companies there too and another of my private companies just picked up ground. This is a NEW gold province -with CMM headed up by Mark Clark who built Regis into a multi billion dollar company. He is not back at his desk out of retirement unless he figures CMM is another Regis. Collectively we have about 400 sq km within and surrounding CMM. Check me out on Twitter -all on there mate -we just have to get a young CEO driving Thor and believe me we can turn it around. Cheers and happy trading - PS: Check out Novo -Pilbara gold -a market cap of $540 million and thus far only metal detectors !! All the Canadians and European followers all over the press - and if we find gold at Panorama they will come knocking -like Kirkland did when it pumped $56 million into Novo. And now Sumitomo funding Novo - If I was the CEO of Thor I would have it firing in no time flat. We want someone with some fire in their belly that understands gold -and it is rocketing again tonight !
You could start by getting off the never ending tungsten band waggon and the copper projects which have a snowflakes chance in hell in this market and insist the company refocusses on gold. When CMM report shortly that will become even more obvious. The market has a hundred struggling tungsten plays out there -no one wants Moly Hill -end of story. Moly Hill has been promoted by all and sundry since Adam was a boy - we even held shares in Thor with RGM and Andrew Bell was on the board when Thor listed. Its been the same old spin for decades -long before Thor was even thought of - give it a rest - it will never happen. You want to rebuild Thor listen to me - gold is going ballistic and all you can talk about is Moly Hill.
You are divorced from reality as most investors still are in the UK. The Australian gold sector is in an emerging gold bull market with maybe 50 -100 juniors which have multi bagged - I could name ten of them I am board and right now I am accumulating MEI .
Thor have Panorama adjoining GGP which has a lot of potential -if you don't believe me check out Novo Resources with a $540 million market cap. That's Pilbara gold mate -not tungsten and copper. Then cast your eye over Capricorn Metals with a $390 million market cap. Thor have large exploration licences with laterites and schists adjacent which have the potential to emulate CMM.
Thor hopefully will have new management -Thor hopefully will change focus to gold - endless talk about tungsten and copper is counter productive. It will have its time but not now -we are in a bull market for gold and every Thor shareholder needs to raise their voice -as the major shareholders are doing because no one is going to put up with Billing and his spin any longer.
https://twitter.com/GreatlandGold Thor ground adjoins GGP
You could also ask Thor management why they have never RNS the company's March Fly uranium project in Hamersley Metals on a now granted tenement in the NT. March Fly has approximately 250,000 tonnes of very high grade uranium at 2200 ppm ( 0.22% U) with a target of 1 million tonnes of 0.22% U. Not very long ago everyone was getting excited about uranium.
Firstly read the ASX query recently - irrespective of whatever happened a capital raise was imminent. With confidence in management shot and vendor shares out of escrow late September what would you do if Thor management refused point blank to RNS the company's gold assets to complement its base metals assets at a time when gold is taking centre stage on world markets. Now the big climb back and that can only really happen if new management is installed and the company changes focus to gold.
I have sent a clear message to all major shareholders - hold the current assets but immediately refocus on gold. The company has the Panorama project and Karlawinda and can easily take on an additional gold project -exactly as Northern Cobalt announced today with the stock up 107%. I and many others will support Thor if the current board is replaced with a young switched on mine finder backed by current major shareholders. All the Aussie juniors one by one are abandoning battery metals -copper -nickel which continue to tank and switching to gold. Companies here in the lithium space like Altura cant make a profit from lithium - everyone is getting out of cobalt -graphite - but UK investors are slow to catch on yet. Get the message out there to refocus Thor on gold -it is a highly liquid stock and then and only then will investors pile in Thor. Billing must go -he is completely out of touch with reality .
Thor needs to focus on gold to rescue the company -you obviously don't mind being diluted out of existence nor do you mind maintaining Micks lifestyle. Well I dont - Check out Hot Copper for comments on all his 'complex' deals over the years - this company under his management is a total and ongoing disaster.
We are all ex shareholders including Paul Johnson in Pilbara Goldfields Pty ltd PANORMA ( we have retained the rights to the high grade hematite resource at Panorama ) Hamersley Metals Pty Ltd (Karlawinda) and most of us are shareholders in Territory Prospecting Pty ltd (Karlawinda). Thor also have 250,000 tonnes of very high grade uranium in the NT on a granted tenement -with not a mention in any RNS.
No race to the bottom of the pit if Mick Billing is removed as a director and practical management is installed to redirect the company into GOLD. https://twitter.com/iron_northwest
Pilbara Goldfields (Thor) adjoin the FEL project - gold -copper -cobalt -manganese and high grade iron ore
https://www.asx.com.au/asxpdf/20191009/pdf/4499x6v0811d7l.pdf
Agreed Thor are not a gold company yet -I have twenty Aussie goldies going ballistic and I am the most excited about gold I have been in my 50+ years in the business. I can't tell you how pleased I am that I have organised the best geologist in the Pilbara for Thor and I am sure you are going to be hearing something soon. Now for Karlawinda - check out Capricorn Metals - its latest reports and stay tuned for the next report which must be imminent. Everyone wants Mick to put our gold projects first and foremost and if I had my way I would like to see Thor secure more gold projects in WA. Gold is A$ 2235 an oz tonight -that represents over $1000 oz profit on average AISC . Get behind my push along with other major shareholders to turn around the Queen Mary ! We need practical mine finders -we need to be gold producers -hopefully that journey has started. And Cobra our last listing starting to stir -- and check out Australian Anglo -- another multi bagger.
No the subsidiary Pilbara Goldfields has some cash and it is not conventional exploration in the early stages -just a practical geologist /prospector and a metal detector. Then if successful more detailed exploration. Karlawinda due to its proximity to the Bibra gold mine is like Artemis at Havieron -stock has ran hard without a drill in the ground.
https://twitter.com/iron_northwest/status/1160845430155931650