If Thor use Crocgold's mill even at extortionate prices and use contract miners Thor should still be able to pull a fair amount of money out of this shallow deposit which is close to power, transport and accommodation.
If Thor can make $100 an ounce that's $45 000 000 $200 an ounce $90 000 000 $300 an ounce $135 000 000 $400 an ounce $180 000 000 etc.
And 450000oz will certainly be upgraded when other targets are tested in the next drilling campaign.
It's crazy that Thor's market cap is less than $9 000 000 at the moment!
If Molyhil proves to have more Tungsten deposits, which preliminary testing is pointing to, Molyhil will be very robust.
Dundas....well WTF is going on? but massive potential.
Thor's been oversold. I'm confident that the market will realise this soon.
THR Price at posting:
1.0¢ Sentiment: Buy Disclosure: Held
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