Ann: Appendix 3B , page-14

This company has better assets than a lot of miners going around that are valued much higher. The reason our share price is rock bottom is because the market has tweaked to the fact that the management of this company is not aggressive/willing enough to bring things to fruition. That being the case, we as shareholders need to explore our options to get this company moving again.

Thor Mining will get caught out soon as the market starts to pick up again. Actually that is starting right now. China is picking up again so no longer can management use the excuse of the GFC (so 2008) and bad economical conditions overseas. As everyone else around it moves forward, they will be left behind. What will the excuse be then? There can only be one excuse left i.e. we aren't capable.

If anyone wants to discuss more in private, please contact me at [email protected]. Identify yourself to me via your HC username and we can discuss the situation, even if it's to let off some steam.