Thor Mining Share Discussion Threads

[36jay] 22/12/2020 12:16

GOLD, copper and Tungsten Massive reserves and hugely under value.Updates imminent.Screamingly investment opportunity at this level.we test 2p+ sooner.Huge uptrend from here

[littleblew180] 17/12/2020 08:08

No idea but with them selling their stake like how you would shell peas is really keeping this price down.

[geko5trade] 17/12/2020 07:41

Any views on the relationship here between MT and THR?

[geko5trade] 10/12/2020 10:13

My guess is every bit of strength is sold into by MT and that keeps a firm lid on the price. Could be wrong but MB doesn't seem particularly motivated to increase the MC and the announcements always seem to lack any sense of urgency. I thought this trend would play out towards the 1.5p mark but I'm beginning to wonder whether Billing is just a caretaker who draws a salary. May come good but probably after he has bored me into selling!

[fatnacker] 10/12/2020 07:22

Magnetic survey results, interesting, three anomalies to be investigated asap.

[fatnacker] 08/12/2020 07:43

New Investor presentation, is it the prelude to a cash raise?

[tyranosaurus] 04/12/2020 20:01

I have owned THR for a long time and have lost 75% of my investment as they always disappoint.

[uknighted] 04/12/2020 18:26

This will not be the next GGP as it doesn’t have GH and CB on the BoD. I am a holder of both GGP and THOR.

[casket1] 04/12/2020 16:26

Perhaps you could both please clarify why & why not, you believe, this will be & will not be the next GGP.... Should create a bit of banter on this rather quiet thread. TIA

[tyranosaurus] 02/12/2020 15:04

The next GGP. In your dreams. This is going nowhere.

[jimbob999] 01/12/2020 11:34

The next #GGPGold Sites right next to Greatland in Western OzWakey wakey Market

[timberwolf] 01/12/2020 09:25

RNS Number : 0847H Thor Mining PLC 01 December 2020 1 December 2020 THOR MINING PLC PILBARA GOLDFIELDS RAGGED RANGE PROJECT GOLD IN STREAM SEDIMENTS UP TO 2.2g/t The directors of Thor Mining Plc ("Thor") (AIM, ASX: THR) are pleased to advise high grade gold in stream sediment samples, from the third phase of gold geochemical sampling, carried out in October, at the 100% owned Pilbara Goldfield Ragged Range Project in Western Australia. Highlights: -- High grade gold in stream sediments including: -- >2000ppb Au (>2.0 g/t) repeat 2.2g/t Au - 20PST51 (Au AR25 with repeat FA25) -- 1886ppb Au (1.9 g/t) - 20PST54 (Au AR25) -- 126ppb Au - 20PST52 (BLEG) -- 173ppb Au -20PST58 (BLEG) -- 111ppb Au-20PST66 (BLEG) -- Third phase of stream sediment sampling defines four distinct clusters of consistently high-grade gold. -- High grade gold continues to validate the mineralization potential along the 13km anomalous gold corridor, trending along the interpreted thrust-faulted mafic/ultramafic contact. -- Geochemical data analyses continuing, with a field mapping and soil sampling program proposed over priority targets within the anomalous 13km gold trend to further delineate coherent gold trends prior to drill testing. Mick Billing, Executive Chairman of Thor Mining, commented: "These are very exciting times for Thor at Ragged Range, as this project continues to exceed expectations." "A number of very promising drill targets appear destined for testing, and we expect that the interpretation of the airborne magnetic survey results (near completion) should confirm several of these." "We look forward to providing further updates with continued progress."

[2000tober] 01/12/2020 08:37

hxxps://stockhead.com.au/resources/thor-mining-identifies-gold-clusters-at-ragged-range/?amp

[timberwolf] 23/11/2020 11:17

https://www.thormining.com/sites/thormining/media/pdf/asx-announcements/20201123-new-copper.gold-project.pdf

[amunro] 20/11/2020 10:22

New RNS. More thumbs in more pies. Notice the copper price keeps motoring ahead even though silver and gold have dropped back.

[littleblew180] 17/11/2020 08:11

They still haven't released the airbourne results yet. That could be imminent now they have more funds and can do additional drilling based on those results

[timberwolf] 17/11/2020 07:48

Not massive initial amounts, but at least more cash available for drilling once the Ragged Range assays are returned and Thor can narrow down drill target selection at that tenement.

[uknighted] 17/11/2020 07:23

SPRING HILL ROYALTY SALE COMPLETION The directors of Thor Mining Plc ("Thor" or the "Company") (AIM, ASX: THR) are pleased to advise that, further to the announcement of 14 July 2020 of the sale of the Spring Hill royalty entitlement, all conditions necessary for completion have been satisfied, and the transaction has now been completed. On 14 July 2020, The Company announced the sale of its royalty entitlement in respect of the Spring Hill gold project to TRR Services Australia Pty Ltd ("TRR"), a 100% owned subsidiary of AIM quoted Trident Royalties Plc . Mick Billing, Executive Chairman of Thor Mining, commented: "We are very pleased to complete the sale of the Spring Hill royalty entitlement." "We have a very active period of field work scheduled at our Ragged Range, and US uranium/vanadium projects, and the funds received from the sale of this royalty will be applied against those programs." The terms of the sale provide for immediate payment of A$50,000, which was received in July on signing, followed by a further payment of A$350,000 upon completion, which has now been received. Two additional payments, each of A$300,000 are then due on production milestones from Spring Hill. In the event that TRR elects to satisfy any further tranche payments with new shares in Trident, the number of new shares to be issued shall be calculated at the volume weighted average price for the five trading days immediately prior to the date of the election and converted at the prevailing exchange rate. Thor hold a residual entitlement to ownership of the licences, subject to the royalty agreement, in the event that the owner, PC Gold Pty Ltd, relinquishes ownership, and this entitlement will remain with Thor. A director of Thor, Mark Potter, is also a director of Trident Royalties Plc. Mr Potter has not participated in any decisions in respect of this transaction.

[ianpuddifoot] 14/11/2020 17:34

Sharesmans "Price is still very low because market don't believe in gold" not sure you meant to say that,

[sharesmans] 13/11/2020 23:34

You have right about the airborne results but I don't need it to invest. Research and history indicates that there are gold deposits: - old gold mines very close Ragged Range, - gold sampling, - directors and investors has shares because they have rather better knowlege and experience than market, - Pilbara is high-grade gold area. They have found many gold samples so here must be gold. In my opinion airborne results and drilling only to confirm deposit or deposits. Price is still very low because market don't believe in gold. Regards