To the un-researched or 'special' investor Thor mining must look pretty damn attractive right now. Cash in the bank, drilling programs, cash in your bank, a great CEO....mmmmmm
Why invest in Thor mining? why not?
whatever you do make sure your eyes are wide open...
Billing is a compulsive liar...
http://www.shareprophets.com/views/...ith-zak-mir-but-not-telling-you-about-placing
& unless he has had an Epiphany, leopards do not change their spots...
Billing has an unnatural obsession with Molyhil & multiple placings....
Placings have.. "also emphasised the willingness of the management team to focus Thor’s financial resources (ie. your money) on extending the mine life at the Molyhil tungsten/molybdenum deposit."
http://www.iii.co.uk/equity-research/lse:thr/thor-mining:-becoming-major-tungsten-player
Billing has never taken a resource into production...never...ever..not once in his 3000 years mining experience.
We might make some small change dipping in & quickly out of Thor mining....but is it worth it?
The risk is Billing getting his grubby hands on your money then you can kiss it goodbye....& start counting your placings...
I might risk some funds here, but i will be out quicker than you can say 3B or 5B or 7B & i will not believe a word Billing says...no sir...no way....
gla
MT
New Feature Announcement!
We’re excited to introduce the DealRoom portal, now live on site, providing users with exciting access to private equity opportunities for both pre-IPO and publicly listed companies.
See full details by selecting the new menu item named 'DealRoom' on our main menu bar or click below.
Stay ahead of the market, with HotCopper.