Member Info for Orion10

It's early days with this project -very early days but not a nice Xmas present. Still huge potential at Wudinna but having said that its time the Walrus said that COBR should consider expanding into iron ore. Given AGS nearby have high grade iron ore and iron ore is going ballistic it's about time the company diversified . Its great to stick to the knitting but that's not how markets work - we need some exciting news -we need to raise serious funding - and iron ore right now is the only game in town. At current iron ore prices around the 60% Fe mark just a million tonnes of high grade translates into more than $100 million in profit . We can drill at Wudinna for the next ten years with all the best intentions and produce gold and even if everything went according to Hoyle we would make but a fraction of the huge profits possible with iron ore. I wont be popular but watch the deals I am doing in iron ore and the market for iron ore juniors and then tell me if Cobra shouldn't seriously consider adding iron ore to the company's portfolio. Stay tuned -

The Ragged Range project -which I acquired and sold to Thor- is exciting but the potential of copper in the new area I call Split Rock might be even more exciting. Stay tuned - and watch for news on copper in the agglomerates when the exploration program gets in full swing next year.

Well I will say one thing -when I set wheels in motion and we incorporated Cobra Resources we did not have IOCG in mind. Would be a nice bonus -but a few million ozs of gold would be a good start. A comparison with the market cap of AGS nearby in similar geology is instructive -we haven't got warm yet. And guess what AGS have hematite -magnetite - which adds credence to the IOCG possibilities.

Someone finally listened - I recommended they sample the mafic -granite contacts as well as the mafic -ultramafics. Note 8 visible gold locations on the granite contacts :-)

AGS listed on ASX in the same area as Cobra - a few less shares -similar geology -resources has a market cap of $40 million. By extrapolation that is nearly four times the market cap of Cobra -so on my reckoning some reasonable results we should be looking at least 12 p. Good luck fellas -

What a hopeless company and inept management - gold going ballistic and Gerritson focussing on oil . He should be removed and the company revamped - if I have anything to do with it there will be changes.

Read the Great Southern report - they had more gold anomalies than we have currently. Their drilling failed to find any gold. Now that is not to say that Ragged Range may well come up trumps but common sense dictates if NEW gold pathfinders are delivering completely NEW gold discoveries like we have never witnessed in the Pilbara ever -if you are smart you get stuck into positioning the company in granite intrusives as well -which investors are falling over themselves to gain exposure. Don't be a one trick pony -

You have one throw of the dice -the Pilbara. Talk about Kapunda -Pilot Mountain -Molyhill -when will you ever learn -its been flogged to death for decades now -the same old rinse and repeat and a fresh faced geologist doing field visits to tungsten projects when she should be full on the Pilbara and trying to learn a little about what can really drive the company.
George Merhi is up there now - but still Mick doesn't get the urgency to expand the Pilbara story to granite intrusives.
Have a look at Kairos -a market cap of over $110 million -have a look at NAE which I put into the Quartz Hill supersuite play - hundreds of punters lined up to back the company's objectives .
You can chatter on all day long and dream for the next 10-20 years about tungsten and copper and uranium of all things but there is only going to be one area that might save Thor's bacon -the Pilbara and that in this market needs to be granite intrusive plays like DEG not conventional gold .

I sent Thor the Great Southern report. Great Southern also did a lot of drilling - I put Thor into E 46/1355 - I pegged the northern area E 46/1354 plus all the copper -gold areas where gold is on the contact of the mafics and granite.And has similarities to Otways being drilled by CAI.

Bottom line Ragged Range is an exciting gold play but Thor need to embrace the granite intrusion story -plus the copper gold association as well not just sit there and let someone else stitch up the equally exciting areas at Kellys. Tin ears spring to mind -

Ragged Range is an exciting gold play but its a conventional mafic -ultramafic gold project which hitherto in the region has not yet resulted in any commercial gold discoveries. The DMIRS data base has a lot of historical exploration results dating back 40-50 years. That is not to say modern technology wont change the end result -and we have nickel.
Notwithstanding Thor are ignoring what the market wants in the Pilbara -what is driving so many stock prices and that is granite intrusion related gold plays not in rock types like Ragged Range.
In a nutshell Thor are inexperienced in the Pilbara and now with some real funds to play with are not playing to their strength -pursue Ragged Range by all means but also leverage granite intrusives because every punter in Australia is focussed on another De Grey not another Calidus. And Artemis is running on the Paterson play -nothing to do with the Pilbara.

Glad you like it boys -finally getting some traction in the Pilbara . And more where that came from if Thor want to expand.

Mick is doing a good job - the local geologist is doing a fantastic job . The project has potential for both nickel and gold. I have communicated my recommendations to Mick on many occasions -in fact I alerted him to peg some adjoining ground. I have urged him to expand their Pilbara ground holdings and ride the huge boom that is occurring in the Pilbara courtesy of De Grey Mining but he has a tin ear. I have been in the Pilbara for more than 50 years - noone ever imagined the breadth and scale of the DEG discovery.
I have communicated with MTR -they have too many balls in the air to worry about Thor. Just a side issue -
I am not going to lose any sleep over it -I have a company lining up to take on all the ground I have adjacent with copper as well as gold. Fact is there is gold in all the streams in that area - and if Calidus come up trumps with their drill program at Otways up the strike where historical copper drilling was never assayed for gold the combination of the copper -gold potential right on Thor's boundary is immense. - You don't have to be Einstein to appreciate why Thor should be expanding their acreage. I was right before when half of the armchair 'experts' in London are on record as advising the ground I sold to Thor in Pilbara Goldfields was not prospective for gold. Egg on face springs to mind :-) And I figure every chance I will be right again. I rest my case -have a nice day.

We talk mate -often !

We talk mate -often !

Great results -but why did I have to drag Mick kicking and screaming to do some work on the project. Once again he is not listening - instead of sitting on his hands with just the Ragged Range project he should be immediately leveraging the press and expanding in the Pilbara. The Pilbara is on fire with De Grey discovering stunning gold resources at Hemi - a market cap over a billion dollars. Every junior in the Pilbara will bask in the glow. Thor can expand for script -get a premium in the share price and really be on everyones radar screen.
Forget tungsten - name one company that is profitable -Wolf Minerals a classic example with Hemerdon Ball -the fourth largest tungsten -tin resource in the world and went into liquidation.
Forget copper -and every other fashionable commodity -get stuck into gold in the Pilbara. So now we have months to the next work program which -the share price tanks again -when they should be expanding their ground position and keeping the news flow vibrant and alive. Keep up the balanced argument bsg4 -the company can make headway but only if it radically changes course - which is what I have been hammering for several years -but hard work !

You better hope Panorama -Split Rock comes up trumps otherwise the future is grim. I have been hammering Thor management to make drastic changes to no avail. Tungsten -ever seen a successful tungsten miner - especially one that is 'gunna' mine for the last two decades. Where are the copper bulls -and don't tell me the gold in the Kapunda sulphidic ores is recoverable with ISR -where are the results - like Xmas still coming. It wont fly - And U of all things -where are the uranium bulls touting the U recovery -it 'aint happening and wont happen. And now silver -give me strength -they day an oz of silver is mined at Pilot Mountain I will swim to Greenland and back.
Thor have embraced my gold play -they should expand now -not sit on their hands and wait until no ground left. And Thor should leverage iron ore . Iron ore is going ballistic and Thor could still deal themselves in and then you would see some action. If Panorama does not come up trumps Thor will be on life support because they are in the wrong commodities and they have no realistic Plan B in the Pilbara.

Hey mate - the Thor project is almost 300 km from Havieron. No relationship to the Paterson Province -completely different geology . Having said that GGP abut with their Panorama project.
But you cant build a company relying on one small tenement -if the nickel does not come up trumps the Thor share price wont hold up . When you go into an area you have to assemble acreage -no good relying on one roll of the dice.

Helicopters - blazing sun - field work - exploration continues apace on the Pilbara Goldfields project at Split Rock ( Panorama). When our boys are on the job in with a big chance :-)

Craig Brown could not find gold if he fell over the stuff -just a lifestyle company. Coming up with a gold discovery in Victoria is like looking for a needle in a haystack. All the action is in Western Australia with most gold stocks going ballistic. So many multi baggers and ECR does not even move the needle.

Aussie gold stocks going ballistic in the Pilbara -DEG -KAI -CMM- GSM-AUC -RXL -MHC -AUT and a hundred others and Thor chasing uranium . Beggars belief -noone gets it in the UK - apart from GGP and several others just lifestyle companies.