THR's quarterly report is worth a second read. The tungsten/moly mine seems to be proceeding methodically towards commencement. But the remainder of the report was of special interest to me.
Uranium samples from the Daicos prospect at Harts Range are being assayed and the results are expected "shortly". we have been told a lot of info about Harts Range if we go back, and I know that uranium in encouraging quantities exists there.
Barite/fluorite samples [58 taken] are most interesting. The price of both of these minerals has risen sharply in recent years, and if even a relatively small tonnage is proven up, THR's cash flow could benefit significantly. Also, the capital cost of developing a small open cut mine for barite/fluorite is relatively low. Conix
THR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
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