THR 0.00% 1.6¢ thor energy plc

dundas the squeaky wheel, page-2

  1. 2,871 Posts.
    I thought it was worthwhile resurrecting this thread as it seems to be a bit prophetic. Well, here we are, December 2013 and still no funding even though we have someone willing to buy up to 75% of our Tungsten. The share price was 0.8c back then so it has dropped even lower given all the "progress" that has been made.

    When will the time come for Molyhil to be put on the back burner and the focus shift to Dundas? If Molyhil was an attractive proposition it would have been developed by now, even more so that Tungsten is such a strategic and "in demand" commodity. However, the delays and lack of funding paint another picture. Marginal and borderline economics, in my opinion, are holding it back.

    I would love to know how much money has been spent so far on Molyhil. I would also love to know how much drilling could have been performed at Dundas for this money instead of it being thrown at Molyhil. We will never know the answers to these questions because these questions are too hard to answer.

    Is 2014 going to be a repeat of 2013? Is everyone going to cop this sweet again? Will I be posting in December 2014 asking why there is still no funding for Molyhil?

    Will the company change tact in 2014 or tread the same old, well worn path?
 
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