There is some chatter around about Thor mining right now. much of it, pretty much all of it is empty "this will explode" "multi bagger" "i predict *enter a value of your dreams here*" - all meaningless, i wish more posters would post reasons/facts rather than wishes. the twitter world is a perfect platform for this type of wishful hype.
Much of it raises the possibility of copper at pilot mountain....if you are tempted consider this...
The large number of global copper resources, much like tungsten, have helped suppress the copper price for years.
Unless there is a massive increase in demand (for copper or tungsten) there won't be that many new mines going into production anytime soon...
look at 2016 and copper mines globally...
- approx. 25 new copper projects have been delayed by upto two years
- approx. 30 funded copper projects have been put back over six years
- typically, a brand new copper mine takes five years (min) to get to production.
ref: https://www.lombardiletter.com/big-demand-could-send-the-copper-price-forecast-2017/7108/
it may be possible to make money jumping in & out of thor trying to ride the waves of hyped prices...i might have a go with money i can afford to lose, but it is a dangerous game...thor remains a high risk junk stock thanks to mr billings alternative facts...
remember tweets are rarely facts...chicken licken created the first tweet 'the sky is falling'...enough said...
gla
MT
THR Price at posting:
1.2¢ Sentiment: None Disclosure: Held
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