Springhill to produce within 12 months...

June 2013

"The Directors of Thor Mining PLC ("Thor") (AIM, ASX: THR) are pleased to announce that it is preparing for mine (Spinghill) development, commencing within 12 months..."

http://www.investegate.co.uk/thor-m...operation-at-spring-hill/201306240700116716H/

April 2014

37 • In the past 12 months Crocodile Gold has signed two MoU’s for toll treating at Union Reefs • Thor Mining for Spring Hill – Resources 6.95MT @ 1.74g/t for 389K oz (Indicated only) • Ark Mining for Mt Porter – Resources 355KT @ 3.0g/t for 34,200 oz (Indicated & Inferred) • MoU’s to date are non-binding but will require more work if bulk sampling is approved • Thor Mining have applied for a bulk sampling permit at Spring Hill to mine oxide only • May be financially possible to share some of our infrastructure such as office at UR and camp • Ark Mining have not progressed this any further than the MoU. UR Mill Spring Hill Mt Porter Strategic Partnerships – Toll Treating

http://www.slideshare.net/informaoz/mark-edwards-crocodile-gold-australia

So, quick recap:-
crocodile gold mou is a gentlemans agreement
more work needed IF bulk sampling approved
financials not agreed or in place
12 months pass unnoticed
no progress

what on earth do the Thor directors do with their time??? Their thumbs must be tiny little stumps unrecognisable as thumbs...

& wow! upon wow!! new reserach note published with target price of 0.91p!!! forgive the absence of gratitude but really!!! 0.91p....really...nearly a penny!!!!

sad...very sad...
MT