THR 0.00% 1.6¢ thor energy plc

is thor now ‘risk’ lite?

  1. 333 Posts.
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    Volume up, large buys (by Thor standards), spread coming down, unusual trading ie. Many trades showing as sells when are more likely to be buys as they are over the ask.

    Are existing investors averaging down or do new investors see Thor as a ‘safer’ investment?

    We all have opinions about management at Thor but they can seemingly raise funds at will, a neat skill in any market...that coupled with some good proven & probable assets...
    -Spring Hill production inches closer...(with gold recovering)
    -Molyhil remains on edge of take off deal...(tungsten price creeping up)
    -Dundas has massive potential (look at Sirius)...
    ...is Thor now a safer investment?

    Many (including me) are invested here due to past (over) optimism & left with little choice but to hold a big loss in hope. Many must have averages well over the 1p (on aim) 1.5c (on asx), we require some ‘really really’ good news to get investment back or make some profit...but that is still possible and with finances continuing to be pulled from Mick’s top hat Thor still has a chance of coming good.

    There is plenty of good news Thor can yet deliver...
    Further upgrades at Spring Hill, grade and resource increase with ground work commecing and/or expected production dates confirmed.
    Molyhil resource increase, grade increase, production increase, mine life extended, take off agreement signed.
    Dundas drilling to give positive results...
    & I’ve not mentioned the 3B’s & 5B’s to come...

    It’s difficult for me to view Thor objectively, too much history, but I think if i was a new investor i’d see the current price and Thor as a very good opportunity when compared to its peers...

    Oh well, I guess that means I must stay on the medication...
    gla
 
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