goldpig1
22 Feb 2018
worth noting The original tenements expire in the next few weeks incuding the 228 km area in may and two other smaller ones in the next weeknot totally sure what that means for the company and but the resource licence will need renewing beofre they can touch whats in the ground Details are on the project page www.thormining.com/projectsinfo on licensing [link]
Maverick
21 Feb 2018
Re: Metal tiger buying up shares I’d buy some MTR too if you can.
rbnbanks
21 Feb 2018
Metal tiger buying up shares Well they just keep hoovering them up.You don't do that and then expect to see them at a loss.They're not getting mine any time soon
elsgly
16 Feb 2018
Re: Warrents I've had mine for over 10 years since they were 10p before dilution, so I think I'm counted as a long term holder. Time will tell, at least im back in the black!
davetxu
16 Feb 2018
Re: Warrents Hi Elsgly,Thank you for the response. I'm not sure of the exact terms of these warrants, so please excuse my ignorance on that one, but if the warrants were granted to the directors, and they exercised them, and then sold the shares, I would have thought that would have been announced to the market, so we would have seen exactly which directors were selling, and how many shares they sold. When I look at the recent RNS feed, I see that people are exercising warrants, and I see some directors buying, but I don't see any director sales (unless I missed them). In any case, there are limitations on when directors can sell shares, and it would be a risky strategy for a company director to try and talk up a share for the sole reason of being able to pump up the price before dumping lots of stock (it is not something that anyone would be able to pull of on a regular basis that's for sure).As for a better explanation, I'm not sure I do have one, but my thoughts would be along the following lines:1) This is a small company with a small market cap that is operating in a high risk sector. This can lead to quite a lot of volatility in the share price at times.2) The exercising of warrants will add to the volatility as current shareholders are being diluted at a lower price to the current market price.3) Generally I would view the fact that the directors are buying as a positive sign. At the very least it shows that they have some confidence in how things are going. Whether private investors choose to share that confidence when they don't have the same visibility is another question altogether.ThanksD
elsgly
15 Feb 2018
Re: Warrents HI , I was asking a while back if they had to keep the cheap shares that they aquire for any length of time so they don’t just buy and then dump them. Since then we decided that they can sell straight away. What I’m saying is that they buy them cheap 1.9p, talk the share up, sell at 4p (sending price back down) and then buy back at 3p ishThe good news is that the shares they are awarded have now gone up for them to buy (setting a floor of about 3p, I hope) and at least they are buying them back so they must have some confidence.I was saying I wish I was brave enough to follow what they are doing but the time I try it will keep going up!Have you got a better explanation for the share going up 25% and the back down within a day after what was good news?
davetxu
15 Feb 2018
Re: Warrents Hi Elsgly,I'm not sure I understand; what do you mean?CheersD
elsgly
14 Feb 2018
Re: Warrents Sold warrents at 4p bought back at 3p?
Dos1
14 Feb 2018
WhatÂ’s good for a director Maybe the Non-Executive Director purchase of a small number of shares (250,000 at 3.10 pence) will stop the downward drift of the price that has followed the RNS of the Kapunda Copper Resource. I think some people think the grades was too low, but I think this is incorrect as they are using a low cost leaching processes which need lower grades to remove most of the copper and 119,000 tonnes of contained copper should be welcomed for a small AIM mining PLC. Or maybe people just sold on news after a good run. Either way I had a small top-up at 3.088p. fingers crossed and good luck everyone
Dig And Sell
14 Feb 2018
RNS 14 Feb Something positive : Non-exec director buying at 3.1p demonstrates confidence in THR.
elsgly
13 Feb 2018
Warrents Obviously sold them for a good profit, wish I could trust my instincts, but darent sell high to buy back, when I do it will be the time they keep going up!!!
Larry_the_Lock
13 Feb 2018
Sharetalk [link]
Dig And Sell
12 Feb 2018
Re: No logic 300% up over a few weeks, then a wee bit of settling back. Don't panic Capt Mainwaring! The trend is good. 3.25p looks like the new floor. Proven resources, cash in the bank to see us through this year and next. Metal Tiger putting their money where their mouth is. Contracted royalty stream. Incentivised board. DAS is quite happy to hold, wait and see. Steady as she goes...
Winnet
12 Feb 2018
Re: No logic Yep, leeching has lower capex. There is also lots of it over a small part of the permit. Happy to add. Good RNS. I'm not sure why there was such a large sell off.
Larry_the_Lock
12 Feb 2018
Re: No logic They want your shares bad folks, hold your nerve, I am taking advantage and adding here ! GLA
