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Save the name change and expense for when you stop dragging and digging and turn a corner into producing.
Lets see if the uranium results deliver anything close to justifying the boards dilution.
Ill hold, but wont buy anything unless they can deliver actual growth.
What's this 'WE' business?
If you hold any shares in ANY company I'd be gobsmacked.
If they hit a 10 ton nugget of pure gold, you'd be moaning about them having to dig it out.
Glad to hear some positive news.
Good luck to all genuine holders.
Repost from hotcopper.
https://www.sanmiguelcountyco.gov/DocumentCenter/View/7903/Thor-Mining-Uranium-Exploration-2102022?bidId=
I move to recommend to the Board of County Commissioners approval of a Special Use Permit
(SUP) for Standard Minerals Inc. c/o Thor Mining PLC for the proposed Mining Exploration on
mining claims at Groundhog Mine and Section 23 on Bureau of Land Management (BLM) public
lands off County Road U29 W in San Miguel County, Colorado, based on the finding that the
application is consistent with the County Master Plan, and with the Land Use Policies in LUC
Section 2-8, Natural and Man-Made Hazard and Resource Area; LUC Section 2-11, Erosion; LUC
Section 2-34, Revegetation with Native Species; LUC Section 2-35, Mining and Mineral
Processing Operations, and complies with the Land Use Code review standards in Section 5-407
Wildlife Habitat Areas; Section 5-10, Special Uses; Section 5-11, Conditional Uses on Federal
Lands; and Section 5-16, Mining; and Section 5-320 K, Review Standards for WE Zone District
Special Uses, subject to the following specific terms and conditions:
1. The Special Use Permit is issued to the Applicant, Standard Minerals Inc. c/o Thor Mining
PLC, and does not run with the Land.
2. No future mining activity at the project site by Standard Minerals Inc., its lessees, or the
property owners or its lessees is authorized by this approval.
Just a matter of time.
Imp2... Its the lack of consideration of pi's that galls me.
They could and should have commented on the delay and reasons months ago and that way I'm pretty certain we wouldn't have this panic selling today...
The only winners as always are the mm's
If and when it bounces back they will keep opening the spread and continue making a killing... At our expense.
It's the fact that the board knew this issue months ago and carried promising jam, and more jam tomorrow, telling everyone ohhh look, wait for ragged range we're DRILLING!!!
I'm sure they let their major shareholders know, but appear to have intentionally left Pi's to be shafted royally.
Nicole and the rest of the board, should be ashamed of this misdirection.
My money will be going elsewhere for the forseeable.
Going to take some actual stuff extracted to get me to put another penny in their pockets or a major discovery.
This could all have been avoided if they'd been upfront and honest re the delay and incomplete drilling MONTHS ago.
Shameful.
That fact should have been related to whole market at time and not just their mates.
It's patently obvious now why the sp has been allowed to slide so low.
Dissapointed in management.
.... I'm sure bsg et al will have a field day.
Not a deal breaker, but I'll be holding off investing any further.
"to fund exploration activities at the Company's project interests, with particular emphasis on the Ragged Range gold and nickel prospects in the Pilbara, Western Australia"
Lifted from the rns.
Not ideal, but the delay re uranium does seem genuinely to be out of their hands.
Happily holding.
Bsg. Honestly, if you are so offended, move on.
Money in bank, decent assets hopefully good results and news flow forthcoming.
Like most I didn't like how it was done or the timing, but it's obvious they and others who invested are confident of a upturn in fortunes.
Still reasonably happily holding and have better things to do than moan.