Been comparing the sp chart movement of THX with those of neighbours (like RNI, ENT , TLM etc) and there certainly seems a sizable element of disappointment in the latest drill report wording. Considering earlier finds, this difference in movement is rather surprising unless investor & company expectations were much too high or the prize is still unsure & some know it?
By the way, can anyone explain simply how THX can accurately predict where to deep drill based on results from the 2 pipes to-date? After reviewing Tony's tree branch video again, it seems likely to involve a great degree if guess work in hitting the prize (if any). It seemed to me that the SFR/TLM recent result seemed to home in really well with much less effort & info, but I'm no expert. Does THX possess the same levels of technology & skills I wonder, or did our neighbours just get lucky?
Still hopefull I backed the right horse, but nails suffering now!
THX Price at posting:
8.7¢ Sentiment: Buy Disclosure: Held
