my guess is that prospective customers & investors feel they can get better returns elsewhere. Molyhil is a modest tungsten resource at this time compared to others as this old peer chart shows.
However, Molyhil resource has been improved since & potentially could be upgraded further. MB probably has to find more tungsten, extending mine life to nearer 8 years & improve grade & improve recovery. All quite possible considering the magnetic anomalies close by & areas of plot yet to be investigated.
maybe i'm being over optimistic but on good days i can see a lot of potential with thor but there is a lot of risk also it has to be said. hope is eternal unlike tungsten it seems...
some good fortune/news is all we need to get this baby to do a sirius... gl MT
THR Price at posting:
0.6¢ Sentiment: Hold Disclosure: Held
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