Listen to our latest Investing Matters Podcast episode 'Uncovering opportunities with investment trusts' with The AIC's Richard Stone here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
with readings 5- 6 times above normal.
Gold assay results...hopefully next week.
Just out of interest (and as a long term holder) where do these readings come from?
Thanks
Mick Billing proactive interview.
And what does "normal" mean? I hope it doesn't mean what I could find in my back garden.
I think Thor need to show the boys at ggp the upcoming data as we are stuck close to then maybe they can buy the gold part of Thor operations if it looks as good as they said let’s have a 20p buy out please
May be Mick has already had a chat with Gervais Heddle !!!
look See.... if GGP has this enormous play and growing and we as a smallish play adjacent is not a buy out possible leaving Thor to go its merry way with the other assets it has but Thor out and holders get a special dividend based on there holdings ......
Am I seeing something or will a more refined PI shoot it down
I strongly feel there would be some kind of deal or arrangement they can come to with GGP...speculation off course at this stage.
May be they want to get drilling underway and get an idea how big Ragged Range turns out to be....but then that would not stop NEWCREST sniffing around.
Newcrest probably would want the whole cake, not a slice or two if those hills are filled with GOLD.
WA drill core assay results have usually been around 6-8 weeks from drill and sending to the labs. This appears to have been extended recently due to the number of companies now involved in drilling in the area.
TBH I don't know about the time frame for THR, but I'd be very surprised if we'd get anything in the next few weeks, at least.
BTW, I should say that I totally appreciate that these are not drill core's we're talking about, but I'm just giving a current example of the time frame for same. TT
We waiting for arromagnetic survey results which was done over 6 days in early Oct.
Also waiting for further ground sample results that were collected during Oct from a wider area.
Above 2 results would give THR priority Drill targets to go after.
Correction:
I misread readings as 5 to 6 times above normal. They actually much higher than that.
As per Mick proactive interview, about 5ppb would be normally something you would look at. Some readings at Ragged Range are far higher upto 130ppb and 256ppb as confirmed in 21 Oct RNS.
No wonder THR fast tracking Ragged range from all angles as Top priority.
Similar to GGP's Panorama prospect, where one sample was > 2000ppm far above the detection capability of their equipment.
https://greatlandgold.com/panorama/
Sorry correction should read >2000ppb
Like to read positive comments from Mr Pos. in early 2017 I bought just under 1 million GGP shares due to positive comments on GGP BB. Likewise I have bought just under 1 million THR shares. If THR repeat what GGP has achieved I will be delighted. Have been very lucky with my AIM shares so far. Best of luck to all THR holders.
Dillon,
Thanks for your kind words. You should do very well here. I am overweight THR in my portfolio. Upside here is from "Multiple" commodities and makes THR well diversified with UPSIDE from ALL the HOT commodities.
GOLD
SILVER
NICKEL
COPPER
TUNGSTEN
URANIUM
VANADIUM
MOLYBDENUM
It took them longer obviously to get to this point. But with all key assets located in both safe jurisdictions like AUS and USA, company is primed to move into higher MCAP from current only £16m Mcap.