There have been some astonishing statements on other discussion boards with regards recent events at Thor mining. How the sale of the Springhill asset can be seen as good is beyond me, MB is simply trying to keep his gravy train rolling on a bit further.
For anyone who thinks Thor is about to soar think on this...
MB has spent thousands and 12 years trying to get molyhil into production...
The best he has managed is to find a customer who only wanted 70% of product and then only in a verbal agreement...
Molyhil product is contaminated (do your research and look through past RNS's)...
Customers clearly want a better grade, cleaner product than that at molyhil...
China is using less tungsten, its only just cut production but there are other tungsten mines coming on stream so tungsten price will at best flat line...
The world has more than enough tungsten for its present needs...
MB's reputation and standing as a CEO is shot, he is a laughing stock, repeatedly fails, repeatedly makes misleading statements...
The hurdles to get molyhil in production remain; customers, finance, regulations, labour, etc...MB's ineptness...
Many investors have lost sh*t loads in Thor mining...
Past events are no guarantee of future events, unless... they keep occuring at an alarming frequency...
If you want a gamble, high risk punt then Thor fits that bill perfectly.
If you want a serious investment opportunity... look elsewhere, technology or healthcare/medicine...air condition shoes...
good luck with all your investments and merry xmas to everyone even MB, you git...
MT
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