THX Price Direction?, page-4

"Im just speculating but looks like more downside to me than up... "

So you have a high impact exploration play drilling for a TLM look alike type ore body next to SFR trading near all time lows and your assessment is more downside than up?

I would say if the drilling turns up nothing then perhaps you might see 20%-25% downside at most as we are already at all time lows

If however the drilling hits a Monty type discovery considering TLM trades with a $80m Mkt CAp for a 30% interest, THX with a 100% interest should see a $250m value vs current $20m

So youd be looking at 1000%+ upside vs 20-25% downside which is why to me your comment makes no sense


as for the recent share price direction my guess would be the recent selling is from Patersons as they are notorious for this however that is pure speculation on my part, regardless if they find the source of that previous SFR type hit then it wont matter