Tonypell,
I appreciate your comments and welcome all dialogue, it is the basis of our growth and knowledge.
I am happy with my research and would stand up in a court of law and repeat everything I have previously stated with regards Thor mining and Mr Billing.
Maybe the questions are;
Has Mr Billings leadership done Thor mining and its investors any favors?
How could Mr Billing (who gets paid to do this) have done better?
I certainly would not have done or said anything that Mr Billing has done and said.
Can we blame china for Thors predicament?
The tungsten market clearly remains in oversupply.
But there are new (financed) tungsten mines, 1 in UK (over 10 year mine life) and 1 in Zimbabwe (6 year mine life).
Canada, in the top 4 tungsten producing nations has put it's tungsten mines in 'care and maintenance' and will not produce tungsten from 2016 to 2041 (thats 25 years) or until tungsten price rises significantly. Then they have plans to build an open pit mine at sisson that is projected to have a 27 year mine life (molyhil has 5-6 year mine life).
How can Molyhil get finance with this competition and in the current market conditions?
Why would any rational and sane man persist in stating that molyhil will get finance and produce tungsten 'near term'?
YET Billing persists in drilling molyhil and releasing statements that finance and production are 'near term', just around the corner, 1 more DFS!
I do not know for sure, but is Billing incompetent or a committed liar or severely deluded or all three???
I also sincerely hope something good happens with thor mining but suspect that my hope is at best desperation.
