THR 6.25% 1.7¢ thor energy plc

limited market sensitivity, page-78

  1. 506 Posts.

    How could the Monday "ANN" related to Springhill results be "Limited Price Sensitivity" if:

    - Initial Results from Springhill near surface looked promising (8th August 2012).
    - The "final results" will include the initial results (which already looks promising)?
    - NOT all assays from all drillholes are back yet?


    Mick needs to clarify his wording on Monday when he adresses the market. He is confusing ALL investors with his style of announcements.


    With the information avaliable so far + the reaction from BOTH AIM & ASX, the results seems to be "positive". Just the way MICK worded the TH that's making this ambiguous. It's deceiving IMO.



    THOR MINING PLC
    POSITIVE INITIAL DRILLING RESULTS
    SPRING HILL GOLD PROJECT (NT)

    Dated: 8 August 2012

    The results, tabulated below, are from near surface Reverse Circulation (RC) pre-collar portions of the holes, all of which are being extended by diamond drilling, and include the following highlights:

    • SHDD008A 11.0m @ 5.1 grams/tonne (g/t) gold (Au) from 65 metres

    including 6.0m @ 10.2g/t Au from 66.0m

    • SHDD011 59.0m @ 1.4g/t Au from 1.0m

    including 1.0m @ 12.4g/t Au from 51.0m
 
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