Thor Energy Share Discussion Threads

[12bn] 01/11/2017 08:06

TROLL ALERT...... bsg...... negative on every share./////bsg - 31 Oct 2017 - 18:14:42 - 3279 of 3286 Thor Mining one to watch - THR
There will be lots more dilution to come.
bsg - 31 Oct 2017 - 18:12:05 - 97 of 98 Kodal Minerals - Exciting Lithium Play - KOD
0.1 looks likely to me in the short term. Then what, who knows.
bsg - 27 Oct 2017 - 16:58:47 - 1194 of 1206 Zoltav Resources Inc supported by ARA Capital Limited - ZOL
This price is looking very tempting, with a one pence spread to boot. Trouble is I expect the bid to drop to 5p soon.
bsg - 01 Oct 2017 - 06:09:56 - 910 of 1811 Columbus Energy Resources PLC - CERP
Oil will never get to $100 again IMO.
bsg - 26 Sep 2017 - 19:49:14 - 609 of 618 Sunrise Resources 2017 at 0.12p - SRES
... more like 0.12 placing on its way.
bsg - 26 Sep 2017 - 19:24:28 - 1153 of 1206 Zoltav Resources Inc supported by ARA Capital Limited - ZOL
Too small and declining production plus lack of prospects does not bode well IMO. I wont buy any more. Bottom draw now. Bloody shame if you ask me.
bsg - 16 Sep 2017 - 07:44:23 - 3154 of 3286 Thor Mining one to watch - THR
What, three more years of dilution and drilling holes. That's whats THR good at.
bsg - 14 Sep 2017 - 14:08:12 - 1401 of 2152 Caspian Sunrise - CASP
Maybe a seller about. Bad!

[geko5trade] 01/11/2017 07:36

Yes that was a good update. Looks like they've decided not to spread themselves too thinly and focus on extracting value from their existing projects with possibility of some low cost/high return additions. Removes the drag on the share price and dilution of a placing well below current share price

[x54v] 01/11/2017 07:07

Pilbara exposure would certainly be a positive.

-----

"Are we on the verge of another WA gold rush?

Thousands of punters have backed a handful of mining companies whose stocks have recently skyrocketed on the back of good news from the Pilbara."

[x54v] 01/11/2017 06:57

Good update.

Also of interest, a potential acquisition in Pilbara which is seeing a gold rush at the moment:

"Alongside this the Company has also become aware of additional low cost opportunities to provide exposure to the Pilbara region, which has recently seen considerable interest in ground prospective for conglomerate hosted gold; and lithium.

The Company is currently assessing an opportunity in this region and is conducting due diligence activities in this regard. If successful the Company could have exposure to the Pilbara, on a low cost basis, at an extremely important time for the region following the discovery of conglomerate hosted gold and with the need for new Lithium discoveries."

[x54v] 01/11/2017 06:50

Quarterly Activities Report

‪

[jungmana] 31/10/2017 18:52

Bsg - what's the point of being on aim? In last 2 weeks over 120m traded in London alone.

[geko5trade] 31/10/2017 18:47

Up on increasing volume, definitely a positive sign.

[bsg] 31/10/2017 18:14

There will be lots more dilution to come.

[x54v] 31/10/2017 16:18

Some late buying coming in.

And why not indeed, given the huge undervaluation here.

[jungmana] 31/10/2017 14:44

Edgein - will have a look at GEO. Thanks for the info.

[x54v] 31/10/2017 14:00

PJ highlighting the volume. It's certainly been much larger than average for the past few sessions.

[edgein] 31/10/2017 13:50

Jung,

You should think about replacing VAST with GEO especially since VAST has risen. All of VAST assets would fit into a little corner of what GEO have. VAST have ok upside, GEO has mid cap assets in the body of a small cap just like THR (see the Russian reserves when they acquired the asset before they found lots more copper and gold)

Regards,
Ed.

[x54v] 31/10/2017 10:15

"Nothing attracts interest like returns"

I think that's applicable here. Price has been in the doldrums and that has dulled general interest. As price starts to pick up, more and more people become interested and buy in. So a rising share price often leads to further rises.

Overall interest in miners appears to be picking up of late...



... so that should help sentiment in the sector and get more people searching for undervalued gems like THR.

As you say, a huge opportunity here.

[jungmana] 31/10/2017 10:04

I only have 3 metal companies in my portfolio right now. Prem, thr and vast.Sitting quietly here but following all the conversation. Why this is not 4p+ right now is just baffling to me. A huge opportunity here.

[x54v] 31/10/2017 09:48

"Pleased to see interest in #THR @ThorMining - personally invested ~£100k in #THR in 2017. Committed to make this work very well 4 investors!"

[x54v] 31/10/2017 09:46

£100m - £300m would be some upside given the current market cap of just over £4m!

Will be very interesting to see how the story plays out.

MMs shaking a few out as expected with that run up. As you suggested they didn't have much free stock, so I guess they had to find a way to get some.

[edgein] 31/10/2017 09:40

x54,

Very true I've seen companies with much lesser assets trading at £30m+. MB said mid cap within 3 years so I take that to mean £100-300m. Molyhil and Kapunda could be the nearer term developments and PM the mid cap company maker, clearly the financiers are keen as they're pushing for the feasibility study for PM. Development there would make THR the only producer in the USA targeting 1% of global tungsten production from PM. Talk about oversold.

Regards,
Ed.

[x54v] 31/10/2017 09:37

PJ certainly won't be trading for a quick turn.

He'll hold until he has a multi-bagger on his hands.

[x54v] 31/10/2017 09:35

Yes, the tiny market cap is key here.

A lot of people will just trade the charts, but if you consider the market cap vs. the sigificant value of the assets then there is so much more potential upside above the short term resistance.

[geko5trade] 31/10/2017 09:32

x54v, Agree 1.6 first resistance but that would still leave a tiny market cap. Could go much higher now that attention is turning to this sector.

[x54v] 31/10/2017 09:21

MMs going to try and shake a few out perhaps by running up the price so quickly.

[x54v] 31/10/2017 09:18

"Key to the resource business is focus - have learnt that much. Drive the value message very hard."



---

And there's certainly a shedload of value at THR.

[x54v] 31/10/2017 09:15

Would be good to see the follow the other PJ successes like CON and GGP and multi-bag in a short timeframe as the story gets wider recognition.

Amazing how quickly things can change with small stocks. CON tripled in a couple of months after breaking out of its flat base. Likewise with GGP.

[x54v] 31/10/2017 09:12

Demand certainly must be exceeding supply at the moment with the price continuing upwards. A re-test of 1.6p in the near future looks increasingly possible.

The price has been going sideways for months so it's only just getting to where it was back in April. With it just starting to pick up again, more and more people will be starting to notice.

[edgein] 31/10/2017 08:50

x54,

Doesn't look like there's a lot of free stock around at the moment. When the herd arrives the mm's are going have an out of stock sign hung out. 6,000tn of copper per year, that's a lot of copper at $3.1/lb! To think that's the smallest asset. I guess the next news will be the resource estimates for the ozzie copper and we'll see how long this production can be sustained for. I would guess after that management will focus on revised DFS after yesterday's news and then funding for MH.

Regards,
Ed.