I agree with all your sentiments Ruylopez, but I’d hardly call...

I agree with all your sentiments Ruylopez, but I’d hardly call A$6 million little value to Thor considering our finances. I thought that the Spring Hill resource was JORC compliant resource & would therefore be saleable as such?

IF my sums are correct & taking into account WDR sold a slice of a non JORC compliant Spring Hill to Thor for about US$20 an oz, Thor should be able to sell Spring Hill now for US$30 an oz assuming they can find a buyer! Which might raise A$6 million for Thor to use to extend Molyhil & explore Dundas.

We are a bit stuffed at the moment I must agree, no funds to do anything of real value with some good assets.

I was really asking the more experienced posters on here to confirm or correct my amateur valuation of Spring Hill???

Not sure if I’m losing the plot here, I still view Thor’s assets with some optimism, is this a sign of madness I wonder?
MT