THR 0.00% 1.6¢ thor energy plc

Good news seems to have little effect on share price here...

  1. 333 Posts.
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    Good news seems to have little effect on share price here compared to other companies - my interpretation - market has little or no confidence in management to produce anything.

    gold price dropped, tungsten price dropped, moly price slight increase - my interpretation - if Thor can produce anything we are in a less profitable position than before.

    MB's words are less 'blind optimism' and more 'plain reality' - my interpretation - MB has learned a lesson (i hope).

    My instinct tells me nothing will happen here until Molyhil funding is announced or/and we start producing something...matters not how many good news RNS's are released...Thor needs funds.

    With commodity prices falling risk increases with marginal resources and lack of funds.

    My instinct tells me to get the hell out...my loss persuades me to hold...

    the very best of luck to all long term investors here...
    MT
 
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