Mr Mick Billing, Executive Chairman of Thor Mining: “The gold...

Mr Mick Billing, Executive Chairman of Thor Mining:
“The gold price now sits around A$1,600/ounce, and the Spring Hill project has potential for development at low capital and operating costs. Holding 100% of Spring Hill places Thor in a robust position to secure maximum benefit, and a number of strategies are currently being explored to progress to near term development and mine start.”

If you cut and paste this quote into 'blabberfish' it will translate this into english for anyone who cannot speak 'billingsh*t'...this is what you get...

so he starts with a clear honest fact, gold price is around A$1,600/ounce - true. this is to get your trust and money...
Then he moves into half truths...yes spring hill has potential for development but you have to ask why it has not yet been developed yet? even when gold price was higher? molyhil has potential, dundas has potential. All of Thor's assets have or have had potential. As with all compulsive liars he cannot resist telling a truth - Billing lacks potential.

If Thor owns 100% or 75% or 50% is trickery...it does not change Thors position and makes it no more or less robust. what does effect thors 'robust' position is its lack of progress, it is the 'billing' influence.

there is always a number of strategies being explored, number of avenues being looked at, number of interested parties - 100% bollo*ks.

and billings favourite catch phrase 'near term development' - 100% pure billing bullsh*t.

This is a classic variation on the '3 card monte' confidence trick.

We shall call this version 'Billings 3 asset monte' where a victim, or mark, or investor is tricked into investing a sum of money, on the assumption that they can within their lifetime recieve a return on their funds.

molyhil has potential, spring hill has potential, dundas has potential....for a few shares you get to find the asset that will get developed....impossible....Billing is a trickster and the truth is he plans to never develop anything except his own waistline and his own self serving greed...
beware - billing is a parasite.

MT