THB 6.06% 3.1¢ thunderbird resources limited

The VOY website and the ASX releases from VOR are woefully short...

  1. 43 Posts.
    The VOY website and the ASX releases from VOR are woefully short of plans, sections or anything much in the way of quality geological information. If I was an investor I would be asking for more info.

    They have drilled a tiny postage stamp of ground about 160m x 160m. I've created my own wireframe model and the volume is about 0.5 Million cu m, or about 1.3Mt. Not big... Small! A simple length weighted average of their significant intercepts gets you an average of about 1% Cu.

    To be fair, they may be waiting until the results of the geophysics surveys are in and processed before widening the drilling out to other areas. But why burn all your cash up drilling out a small area of a large supposedly highly prospective patch of ground?

    But there is the faint whiff of hype, basically re-drilling the same high grade areas over and over and not making it particularly clear with the lack of plans, sections etc.

    caveat emptor

    yellow dots = drilling to date



    solid model

 
watchlist Created with Sketch. Add THB (ASX) to my watchlist
(20min delay)
Last
3.1¢
Change
-0.002(6.06%)
Mkt cap ! $5.728M
Open High Low Value Volume
3.1¢ 3.1¢ 2.8¢ $19.93K 662.0K

Buyers (Bids)

No. Vol. Price($)
1 428245 3.1¢
 

Sellers (Offers)

Price($) Vol. No.
3.2¢ 30000 1
View Market Depth
Last trade - 15.50pm 28/06/2024 (20 minute delay) ?
THB (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.