Positioned for the Tungsten Resurgence

Written by Christopher Ecclestone

+ Thor is one of the survivors in the Tungsten space after the ranks of explorers/developers were brutally thinned out since 2011
+ The company has two Tungsten projects under development, one in the Northern Territory of Australia and another in the state of Nevada in the US
+ Recent acquisition of further blocks in the Northern Territory are the makings of a whole Tungsten district, while bringing access to other metals of interest
+ Tungsten prices firmed up nicely in the second half of 2017 and into the current year with no auguries of possible downturn
+ Thor is one of the few explorers remaining in the Tungsten space
+ The participation in the Kapunda ISR copper project provides an interesting sideline that could be liberated to shareholders at a future date

- A number of Tungsten developers, particularly in Iberia, are moving near to production thus adding to Western output
- Raising money for Tungsten projects is still no easy task with many other projects in similarly ignored metals competing for investors’ attention


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