THR 0.00% 1.7¢ thor energy plc

Uranium shamium...

  1. 376 Posts.
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    ha ha ha so mick billing and his followers jump on the Uranium bonanza predicted after...

    "Trump’s 2021 budget proposal of $150 million for the creation of a U.S. uranium reserve" - but that looks unlikely considering current events...
    https://www.reuters.com/article/us-usa-trump-budget-uranium-idUSKBN2042JM

    "Uranium producers in the USA have been in decline & suffering from high safety costs and low prices for natural gas, a competitor in generating electricity. Since 2013, nearly 10 nuclear power plants have been closed and eight more are scheduled to shut in coming years."

    Nuclear power accounts for less than 20% of USA's electricity.

    not looking promising ;-(

    yet again the USA was once a leading uranium producer but now is a minor...
    environmental, safety & labour costs create a difficult arena to make money from uranium.

    top 5 uranium producers...https://investingnews.com/daily/resource-investing/energy-investing/uranium-investing/uranium-producing-companies-bhp-rio-tinto-cameco-areva-paladin-ur-energy-uranium-one-energy-fuels-peninsula-uranium-resources/

    top uranium mines & locations...https://investingnews.com/daily/resource-investing/energy-investing/uranium-investing/top-uranium-mines/

    difficult and costly to turn those facts around ;-(

    and next to impossible for a CEO of Micks calibre ;-(

    and that's not even considering the uranium mines in the USA sitting dormant in care and maintenance ;-(

    it all sounds very familiar...yes it's groundhog day again here at Thor mining...minecraft mick is late to a party that is not even happening & i guess there will be lots of noise promoting Thor & uranium...it might happen but probably not in your lifetime unless you are about to be born...;-)

    still the paid posters around & marketing might generate some activity here that can be traded...just remember Thor is a risky punt share with a CEO that cares not 1 jot for investors, there must be plenty of Thor shareholders with heavy losses who cannot exit...i sincerely hope Thor goes boom for them.

    glaMT
 
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