proactive investors, page-15

and confidece returns with a order just shy of 2 mil@4 cnts

considering thats just shy of some $70,000 - not big enough imhpo that its a big insto buying and not small enough for your typical daytrader

looks like some confidence is coming back to this baby for a positive spin out of a imminent dfs- and as i have kept on saying over and over - the gold in the them hills ( spring hills ) to be precise is what is the sleeper of this company and the asset that the markets keep on overlooking - drilling has to be firming up there you would assume with the wet season all but halted up there

expect an announcement anytime imo from thor management - even if its just to announce that drilling has commenced at spring hills to keep this positive momentum with thor mining- should the df not be ready by weeks end -

the personnel at the helm of thor mining are in no way second grade management ill sy that much- they are and have been for some assembling key personnel with experience galore- ( am im not just talking about todays appointment, but also being able to recruit the main man that was responsible for identifying and bringing to production the 5million oz callie gold deposit also in the tanami region which is where our 274,000 oz spring hills deposit lies)

ill apologise in advance if this has already been brought up today, but havnt had the time to read through all the posts on our thread today- gone are the days when our thor mining thread for the long timers here only had a handful of posts to read through- we are now amongst the top discussed stocks on hot copper which is still strange to see but with increased interest, brings increased invetors / traders alike which plays its way of getting more funds into those that believe in the forward moving strategy of the thor mining and their ability to bring molyhill and our gold projects into production thus obtaining financial wealth and freedom for those with the patience and belief in this minnow amongst elephants-

back to what i was mentioning in the paragraph above about new info published less than 48 hours ago - on the following site for copyright purposes -

http://sharecrazy.com/beta/Tips/6896/thor-mining-speculative-buy-at-205p-with-a-35p-target-price

thumbs up to the write up of this report as its one of the more comprehensive - thorough reads ive seen in the past on thor mining and definantly will work wonders for those trading it on the aim as it offers good insight and vision of where this one is headed - what i love about this read is that the target price is set at 3.5 pence - which equates to a target price of aud 5cnts if my calculations are correct - please correct me if im out on this one - still loving the story and those selling are obviously have their own motives for selling it down ie taking profits- tomorrow being most people's t3 from the start of its stellar run on tuesday but rest assured that from previous posters conversations with management and our announcment last week regarding results from the labs- our dfs is being prepared as i write and as you read this post-so sell at your own peril but the dfs is not far away- our announcement on last thrusday regarding better than expected tungsten recovery proves that results from teh labs are in and now it just a case of the dfs being prepared- you can bet your bottom dollar that personnel are working arround the clock to get the dfs out ASAP so that they can release the dfs at a time when we are at a high - thus meaning that we will go northwards off a higher base rather than the thor shareprice retracing to the low to mid 3cnts level and than any positive dfs will only get them back to 4's if that

i can just;y say that in all my time investing, never been more confident and happy holding a stck which i know will take care of itself and provide me with financial security to retreat from the tireless long hours at the office - not saying ill be retiring just yet- but always helps to have the nice safety net to give you a good buffer and allow you to enjoy more of this amazing life them being stuck away in an office all your time's, dealing with office pressures, not to mention the office politics- definantly can do without that

take this info what you may but there will always be downrampers on any stock - even the blue chips but im happy to put my neck out there and say it how it is- heard it all before on ASX:MAD when i was researching it and bought in at 16cnt levels- there was those always saying it would never get there and now its hitting $1.40 a share. The same happened with ASX:TAS on the aussie stocks forum when i was amongst the so called rampers saying it was too cheap at 2.3 cnts back in april 09- in the space of 6 mnths it shot up to 22 cnts a share- so trade/invest on your own peril. I sincerly beieve that the personnel at the helm of thor mining is offering the investing community continual disclosure as to the remarkable fundamentals that exist from molyhill lab results and they cannot make it any clearer just how undervalued we are from results that have eventuated to date - use that info guys to your advantage because you dont get many stocks like these on the asx where management informs investors of the greatness of results they have prior to a major share price catalyst which in this case will be the dfs which will significantly de-risk this project and lead to further catalysts ie offtake agreements-finance agreements etc etc

ps for anyone interested, have a look at the tas chrt from april 09-october09 - compelling what good news and market sentiment can do to a stock

dyor - but imo dont take too long in doing so as we are well aware this much anticipated dfs is being prepared as we speak and can be released anytime now- in which case the scramble for shares will be on and you may have to pay top dollar for a piece of the action if the past week is anything to go by -

cannot reiterate the folllowing points even further

1) By adding a flotation step after the gravity recovery process allows the extraction of the very fine tungsten particles that do not respond well to gravity separation methods. This sort of improvement in the recovery of tungsten could lead to projected revenues at Molyhil improving by something like A$16 million per year over the life of mine. Molyhil has a clear value in today’s market, which will be demonstrated when the DFS is published. Once that has been completed, the next stage of activities will involve securing off-take agreements for the concentrates produced and finance for the development. This process has already started and the board hopes that these will be secured in time to allow project development to commence in the second half of 2012.

2) Moving ahead at Spring Hill, this year the team will continue drill testing for depth extensions to the existing resource at Spring Hill along with drill testing known mineralisation to the north, south and west

-4.7 metres 5.75g/t from 25 metres down including 0.7 metres 36.2g/t

3) testwork will be carried out, particularly to assess the potential for the economic recovery of the near surface material, along with progressing scoping and feasibility studies for development plus progressing regulatory and environmental approval activities.

4) when the above elements are added together, it is not too difficult to place a valuation of £20-£25 million on the various elements of the business, which at the top of the range would equate to a target price of 3.5p. Our recommendation is Speculative Buy at 2.05p with a target price of 3.5p.

either dyor or read the research which has already been provided to you by reputable analysts -