Share Name Share Symbol Market Type Share ISIN Share Description
Thor Mining LSE:THR London Ordinary Share GB00BD0NBV71 ORD 0.01P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.10p -8.33% 1.10p 1.05p 1.15p 1.45p 0.975p 1.20p 33,720,547.00 15:06:04
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 0.0 -1.7 -0.0 - 4.04

Thor Mining Share Discussion Threads

Showing 9726 to 9749 of 9750 messages
Chat Pages: 390  389  388  387  386  385  384  383  382  381  380  379  Older
DateSubjectAuthorDiscuss
21/4/2017
15:22
Wonder if this is shorters creating weakness and forcing weak holders to exit. I've taken the opportunity to buy back all the shares I sliced higher.
marketgem
21/4/2017
14:14
I would say market liked the news and sellers just took advantage of the rise. This always leads to short termers worrying and selling out - The "Lemming Effect"
knowing
21/4/2017
12:54
It looked like it was on it's way to test 1p before the news came.
recordz
21/4/2017
12:40
who ever the seller/sellers longer term may be better to see them out ,may have bought around 0,55 or 0,60 now selling after todays rns ,some times with shares patience can pay
cautoussid
21/4/2017
12:18
Is the news good or bad.? Market not impressed.
recordz
21/4/2017
11:01
I suppose shock tactics let them accrue stock but also possible delayed sells
knowing
21/4/2017
10:41
Knowing, Where are the sellers though? They did that without a stream of sellers. They did that from 1.45 to 1.05 on about 10 trades in total not all sells either. I know THR is tightly held but that is ridiculous. Regards, Ed.
edgein
21/4/2017
10:39
Yeah disgusting activities by the mm's here this morning. First they move the ask up to 1.45p on the good news (confirming and extending historic grades now open at depth, width and along strike). Then when they don't get sellers (I was watching level 2), they go hunting for stops right down to 1.05p. All they've got is buyers and bargain hunters since. They did rape 2 500k sells at that price. Regards, Ed.
edgein
21/4/2017
10:34
Savage trading!I averaged down on the dip, I will wait for the resource update now.
lgw
21/4/2017
10:32
Was that just triggered sells on the system
knowing
21/4/2017
09:56
Excellent news, more holes with up to 1% tungsten (many times the grade of commercial mines). Also new zinc zone found at Garnet too! Excellent, looks like the largest undeveloped tungsten asset in the USA just got bigger. Also they think there might be new parallel zones to the north of Desert Scheelite. That'll be interesting for the summer drilling campaign. No wonder these are valued over £30m at the moment, oh hang on the cap is not even £5m..... Regards, Ed.
edgein
21/4/2017
09:50
21 April 2017 THOR MINING PLC DRILL ASSAY RESULTS CONFIRM GARNET DEPOSIT & DESERT SCHEELITE EXTENSION PILOT MOUNTAIN, NEVADA USA The Board of Thor Mining Plc ("Thor" or the "Company") (AIM, ASX: THR), is pleased to advise positive assay results from the recent drilling program at the Company's wholly owned Pilot Mountain tungsten project in Nevada, USA (Figure 1). HIghlights: · Strong correlation with historical tungsten assays (Table 2) at the Garnet deposit is likely to allow the preparation of a maiden resource estimate for Garnet. · Zinc mineralisation intersected at Garnet, not reported by previous explorers. · Confirmation of mineralised extension to the Desert Scheelite resource to the east, with higher grade targets at depth. Reprocessing of geophysical data (Figure 3) suggests significant eastern extension to the known Desert Scheelite lode and the potential for parallel lodes to the north of Desert Scheelite, which would be consistent with the known multiple lodes at the other Pilot Mountain deposits. Significant Assays: · High grade tungsten and robust zinc from 17GRRC01: 3.8m @ 0.72%WO3 and 1.6%Zn from 45.0m, and 5.3m @ 1.0%WO3, 0.9%Zn from 83.1m. · Thick, near surface intersections from 17GRRC06: 6.1m @ 0.24%WO3 from 16.5m and 14.5m @ 0.31%WO3, 0.3%Zn from 25.9m. Mr Mick Billing, Executive Chairman of Thor: "These very positive results are significant for the Pilot Mountain project. From here we will commission the preparation of a maiden resource estimate for the Garnet deposit, building upon the existing Pilot Mountain resource inventory. "At Desert Scheelite we have extended the known mineralisation to the east, and have exciting targets for higher grade eastern extensions at depth along with potential for parallel zones immediately to the north."
recordz
07/4/2017
13:57
Euclid, Don't forget SOLG, capped at around £600m and years away from production. Plus countless other AIM miners. Someone is so desperate to get back in they'll try anything. :) The dam will break here, probably on the assay results, but perhaps on more drilling at PM or Dundas in a few months, but it will happen. The last company that was this oversold was PREM and within several weeks it went from a £5m cap to around £38m. Regards, Ed.
edgein
07/4/2017
10:35
That is not the way it works. The NPV of Thor shares is 1.4p because that's what you can buy them for. There is only ore in the ground not finished tungsten/silver/copper (expensive to get out and even more expensive to refine) and the amounts are only estimates. You could get the entire company for the price of a couple of semis in Chelsea. If I'm missing a trick I'm obviously not the only one.
bantam175
06/4/2017
21:34
Pilot Mountain Resources Update • Significant maiden JORC resource estimate for the Desert Scheelite Deposit completed by independent consultants, Golder Associates, exceeds guidance by 36%. • • Indicated and Inferred Resource of 6.79Mt @ 0.31% tungsten trioxide (WO3), 22.8g/t silver and 0.17% copper reported at a 0.2% WO3 cut-off with 90% of this resource in the "Indicated" category. Resource contains; • • 2.1 million MTU's of WO3 - • 25 million pounds of Copper • 4.9 million ounces of Silver hxxp://www.pacificgoldcorp.com/news120711.html Quick calcs Tungsten WO3 = 21,000 tonnes x £1667 per tonne = £350m Gross NPV value Copper = 11,339 tonnes x £5000 per T = £57m Gross NPV Silver 4.9m oZ x £14 per ounce = £68m Gross NPV Total = £475m Gross NPV based on JORC 202 Resource figures £475m did by 372m shares in issue = 128p Gross NPV before Capex costs This is all before any possible upgrades to the resources
euclid5
06/4/2017
21:33
Bantam, Think you may of missed the trick here, ask yourself why the below have re rated in the past few months whilst all the assets are all still in the ground. Plus early stage developments If you start trading based on co's having completed BFS + JV, you are years away from that happening. When you gave assets in the ground worth hundreds of millions of $/£, they are not trading a £500k or £1m now, but were last year SML URU GRL Zioc IRR KOD MAFL Matd JOG
euclid5
06/4/2017
08:18
Bantam, I know what you mean, lots of drilling going on, see the recent Q&A. Regards, Ed.
edgein
06/4/2017
08:09
By nothing happening I meant no mining going on. If you are interested in gold you might like to look here : www.nandp.co.uk/sharedealing/company/?companyCode=HUM
bantam175
06/4/2017
07:49
Nothing going to happen for a few years? See the recent Q&A from THR, lots happening in the next few months, actually significant activity for a £5m capped miner. True if THR's share price was based on its assets it would be over £30m right now before the next round of Pilot Mountain drilling. DFS for PM is going to be worth waiting for now that its been expanded beyond its previous size (the largest undeveloped tungsten deposit in the USA) Have you seen the recent intersect near surface, almost 51m, I think the tungsten fairy was involved at some stage. Yeah good old USA, Donald gonna make it great again. Doing wonders to the copper and tungsten price so far and he's barely got going yet. Just wait until the wall gets going, metal presses, cutting equipment and drills will be in high demand and no producing tungsten mines in USA just yet. Handy for THR to have its assets in two of the most reliable and economically stable countries on the planet, especially with 5.7% equivalent copper in their asset. Very true they may get taken out by a major, Mick thinks the same thing. Even though its very early Mick suggests that PM already is big enough to interest majors, perhaps RIO will give us some of their £100,000 per share that you suggested. Mick mentioned the likely interest in PM in the recent Q&A you should have a read. Oh I've done my research on many small miners and the upside in THR is in the top 5% of all of them on AIM. No other £5m company is sitting in hundreds of $m of tungsten and drilling this many holes over the summer on its assets. Its a very dangerous time to have sold out just ahead of the assays. Bed and breakfast rules will apply and a profit won't be realised for those that don't want to miss the boat. Regards, Ed.
edgein
06/4/2017
07:34
That's my point Ed. Nothing is going to happen for a few years. The share price is not the value of the assets in the ground divided by the the shares in issue. And the tungsten fairy is not going to wave a magic wand and turn underground assets into processed ore on the surface. As for pricing E5. This is in the good old USA not Africa. Expensive. Also half way between Reno and Vegas where there might well be other interested parties. Happy to hear your off the cuff estimates? Best scenario IMO is to be taken out by a major. All imho dyor etc.
bantam175
05/4/2017
21:52
Bantam, are you in the process of producing the Feasability report based on your £100m mine costings
euclid5
05/4/2017
16:19
Talk about running before you can walk. Surely they need to get assays for DS and G, before then drilling more holes in DS, Gunmetal and Good hope, get assays and updated JORC for those too. Then when they get the DFS together we'll all know how many hundreds of $m are in the tungsten, zinc, copper and silver asset. According to Mick its 5.7% Cu equivalent that they've got pretty much at surface, that's very commercial regardless of gold. If that's not pretty impressive for a £5m company perhaps you would be better off looking at a gold producer as this one's got pretty significant tungsten assets in both Oz and USA. But if you're patient you'll find they'll be drilling Dundas in the summer as well as more drilling on the Tungsten asset. Patience and the average attention span of an AIM investor, what am I saying! :) Regards, Ed.
edgein
05/4/2017
16:04
Building a mine plus the infrastructure will cost $100million (give or take $20 million)that Thor don't have and take a couple of years at least to build. Then there's marketing, staff, payoffs and transport to ore processing plants assuming there are already a few there and that the ore can be gotten out at a competitive price. If the share price was based on the value of what you have in the ground Rio tinto would be £100,000 a share or more. Time will tell of course. Lets see what the assay says. Maybe they'll find gold.
bantam175
05/4/2017
14:38
Taking to long..
bantam175
Chat Pages: 390  389  388  387  386  385  384  383  382  381  380  379  Older
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