groundhog day anyone? im hoping to reclaim some gains after being so far in the red on this one but still hoping for a turnaround in my own crazy mind -
Commenting, Mr Mick Billing, Executive Chairman of Thor Mining, said:
"Thor has embarked on an exciting period. We are hopeful that a financing arrangement to develop Molyhil can be achieved in the near-term. This should provide a catalyst for shareholder value, and put Thor on the path to tungsten production."
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Several entities are reviewing the project and it is hoped that appropriate financing will be secured in the near-term.
Subject to securing the necessary project finance, the Molyhil project is scheduled to commence production during 2016.
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