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 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
THR Price at posting:
1.2¢ Sentiment: None Disclosure: Held
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