Thor min's recommended imformation site converted from German to...

Thor min's recommended imformation site converted from German to English using bable fish.....In the detail one goes "to an Indicated" occurrence of 2,4 million tons with 0,39 per cent tungsten oxide and 0.17 per cent molybdenum sulfide (+37 per cent) from a "Measured" occurrence at a value of 0,53 million tons with 0,42 per cent tungsten oxide and 0.27 per cent molybdenum sulfide (+43 per cent), as well as a "Inferred" occurrence at a value of 0,8 million tons with 0,15 per cent tungsten oxide and 0.1 per cent molybdenum sulfide (+200 per cent) out. The final results of the recently finished drilling program were inserted by independent geological advisors into a new model of the occurrence. It contains 8.4 million Pound molybdenum as well as 1.276.200 metric tons tungsten. That is comparable with the past data, whereby these were in-grouped now in a higher JORC category. Thus the confidence continued to rise in the top of the block model and the continuity of mineralizing. The clear increase of the tonnage in the "Inferred" category is based on a set of depth drillings, which were accomplished in 2006. Here still further test drillings are necessary, since the courses are still open toward southeast into the depth, although the mineralizing degree is smaller here. This low mineralizing degree affected the entire resources estimation, whereby the management assumes that, to be able to improve the degree of mineralizing by the employment of special drilling equipment. With the available update planning for the planned open mining is to be optimized. Here results are expected shortly. The improvement of the quality of the occurrence might prove with the current negotiations regarding an acceptance contract helpfully. In Australia this message provided for a sharp drop in prices of approximately 25 per cent. Our judgement after the reaction is more than covered. The plans for the structure of a mine were only confirmed thereby. The delay of the conclusion of an acceptance contract is annoying, since it prevents the production start, but no leg break. Before the background of assumption activities in the industry Thor Mining appears also in particular interesting. On past Friday it became admits that the billions-worth company Sojitz Corp. from Japan wants to take over that profitable tungsten producer Primary Metals (WKN A0BLR7). Sojitz offers a cash compensation of 3,65 CAD (= approximately 2.50 euro) per share to the shareholders of Primary Metals. The value of the entire transaction would amount to 54 millions CAD. The asking price represents an impact from 59 per cent to the average market price of the last 30 days and an impact from 38 per cent to the closing price of the share on 2 August 2007. Even if the Chinese jumped off with Thor Mining as customers, enterprises from Japan or Korea could show up gratefully for this chance. Courageous investors with steal-hard nerves set with Thor Mining on a Rebound. Karsten shrubs is editor-in-chief of the raw material stock exchange letter "global profit Scout". Our independent expert team is world-wide for you on the hunt for promising raw material enterprises, which give high net yields to our readers. We discover underestimated shares usually very much in former times as other market participants, since we have our ear at the pulse of the market. We rely on an extensive network in Europe and North America. Use the chance now and register yourselves you under http://www.globalprofitscout.de/ into the free E-Mail distributor. Author: Karsten shrubs © wallstreet:online AG