We seem to have been hit by a number of (hugely) negative events, added to that they have all happened at the same time (a perfect storm do they call it?):
1. Debt/funding crisis brought on by subprime, which has lead to... 2. Market crash - (say no more...) 3. Tricom Broking house virtual withdrawal from the margin lending market - they were a supporter of THR 4. Opes Prime sell down 5. End of financial year loss crystalisation selling
It is frustrating because, besides all the above, as far as I can tell in recent months THR have been doing all the right things - * off-take agreement * WDR 'buy-in' * new professional board who know what they are doing * drilling program taking place
And yet the share price is MUCH LOWER than it was after the botched off-take announcement/deal last year.
I do appreciate Conix and the other geo's informative posts. It may be that the drilling results to be released in July/August may have a 'make or break' affect on the share price.
We continue to hang in there.
Would appreciate anyone's thoughts or comments.
regards all btace
THR Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
