Hi Profume,
What would you like MB to say? He is waiting on assays. I was told this the other day. They are probably 8 days away as at today. If there was any news they would be obligated to announce it no? So no news does not mean bad news. It is what it is.
He is not allowed to make stuff up and what's the point of announcing some feel good statement like "everything is on track". What do you expect that to do to the share price? Not much I would say. If anything, people would get more peeved at the lack of real news.
So picture this scenario...no news for 8 days and then bang, trading halt before ASX opens on lets's say...14th September. The TH is pending the release of news regarding Spring Hill results. Then on Monday or Tuesday the following week, we get the news that they hit the mother lode below Hong Kong. Let's say they find 2 million ounces of gold. What do you think this would do to the share price? It might do a SIR, going up 4 to 5 fold in 1 day. Hey, I can dream can't I?
Then we have Dundas to drill and Molyhil agreements to come. Look, I'm am very frustrated too but I'm prepared to see if this company has the gonads to deliver what they keep spouting on about. Don't worry, if by December none of this comes to fruition then I will drop them like a hot spud too but I'm prepared to see out this small period and sit tight as I think the reward far outweighs the risk.
If they don't pull any of this off then I think they should seriously look at replacing management with more progressive modern types if you know what I mean. I do worry a little that the CEO has time to return shareholder emails during the day. Shouldn't he be organising off-takes for Molyhil? Anyway I digress.
Good luck to all holders. You sure do deserve getting a 10 bagger here for all the patience you have shown.
MB take note...2012 is the time for Thor to deliver...the use by date is fast approaching.
Add to My Watchlist
What is My Watchlist?
