Now that THR is directing their attention to Dundas, there would be more interest from the market gradually (IMO). Drilling was scheduled to commence in the near term (Oct-Nov 12).
The WDR takeover by Meijin Energy will directly affect THOR Mining (Good or Bad).
"Will Meijin want to sell, possibly to a strategic buyer? Will it develop a taste for gold exploration? Will it want to swap the shares for a percentage interest in Molyhil? Will it be too peripheral to attract any attention at all? We can see both upsides and downsides to this." Harman & Co.
"Thor has had no discussions with Meijin Energy Group, but expects to do so in due course" From 19/9/12 iii.co.uk
Hope something positive happens for this company. Any slightly positive approach from Meijin could boast our value. Molyhil seems to be the interest IMO.
Wonder when the dicussions with Mejin will occur?
Reference
http://www.hardmanandco.com/Research/Thor%20Mining%2019Sept2012.pdf
http://www.iii.co.uk/investment/detail?code=cotn:THR.L&display=news&it=le
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