Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-6

  1. 1,337 Posts.
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    I've done some work on Thor and this story is shaping up quite nicely imho!
    US uranium drilling is due to commence soon and the latest round of Ragged Range drilling / rock chip samples looks very encouraging.
    It's quite possible Thor will give us a "DOUBLE WHAMMY" ie. a new gold discovery at Ragged Range AND a new uranium discovery at Colorado.
    In this scenario I can see the share price trading up to 5c/6c so a potential 5 bagger here.
    As for talk about cap raise I think this is A LOT OF NONSENSE as Thor has $2m cash in the bank and can sell shares in AIM listed Power Metal Resources to raise money if needed. It is possible they raise money on the back of a new gold / uranium discovery - but then a cap raise at 3c doesn't really bother me! Lol
 
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Mkt cap ! $7.107M
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