Ann: MOLYHIL ORE SORT SUCCESS , page-14

Definitely not rose tinted glasses SD. Like you I invested way back & have averaged down & still hold a significant loss and am as dismayed as you & others here. Looking back over Thor news, excluding finance, it generally has been positive, resource increase at both SH & Moly, recovery rates increased, mou signed for SH, even Dundas offering the promise of gold or nickel or something else. & yet the share price just keeps dropping.

Sentiment is a powerful thing in share price movements. Thor has a good diverse story, MB is a convincing talker but has made some rash statements, "production by end of 2013", "take off deal imminent", "as good as it gets". Perhaps the market views MB as a 'Walter Mitty' type character? If so it will take a big announcement to change that perception.

There are funds available for Tungsten & Moly mines, only recently Sissons Tungsten & Moly project in Canada got a $39m investment to move into production.
http://online.wsj.com/article/PR-CO-20131003-905499.html
& Todd Corp is New Zealand based!!
But it does have a 27 year mine life, maybe Molyhil compares favourably with its peers in all aspects except mine life?

There is more good news to come from Thor but whether it will move share price north I’m not sure unless it’s a Molyhil deal maybe?

Still, current share price is a good entry point for new investors, considering Thor's potential/risk.

“Hope is a waking dream” wake us up Mick...soon...ffs

gla
MT