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In reply to: Jay on Wednesday 23/07/08 09:00am

 

 

 

UMC about to pop .... what's the bet THX stays put .....

 

really management need to do more to highlight the instrinsic value here .... quite frustrating watching it languish.

 

So if UMC hits $4 in coming months ....THX should be ... $1.50 ?

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SIGNIFICANT SULPHIDES INTERSECTED AT

KELLER CREEK NICKEL-COPPER PROSPECT

Thundelarra is pleased to report that six out of seven reverse

circulation drill holes recently completed at the Keller Creek

nickel-copper prospect intersected massive to strongly

disseminated sulphides.

Keller Creek, located seven kilometres northwest of Panoramic

ResourcesÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¾Ãƒâہ¡ÃƒÆ’‚¢ Savannah Nickel Mine, is part of the East Kimberley

Joint Venture between Thundelarra (40%) and Breakaway

Resources Limited (60%).

The prospect hosts a system of nickel-copper sulphides within a

mafic intrusion that to date has been poorly explored. Previous

wide-spaced drilling had generated a number of intersections in

the range of one to two percent nickel, including diamond drill

hole LEKD0022 which returned 6.77 metres at 1.98% nickel and

0.53% copper from 36.8 metres down hole.

Sulphide mineralisation has now been intersected at Keller Creek

over a strike of 600 metres and at up to 300 metres down dip and

remains open in all directions. The mineralised zone at Keller

Creek has a larger footprint than both the Copernicus and

Savannah deposits, however additional drilling will be required to

determine the continuity of individual massive sulphide

intersections.

Assays for the latest drilling are yet to be received. Details of

sulphide intercepts logged by Breakaway and a drill hole location

plan are appended. The next phase of exploration will be

determined when assay data is available.

Thundelarra is also pleased to report that reverse circulation

drilling programs have recently been completed at the Mabel Hill

nickel (THX 80%) and Sophie Downs base metals (THX 90%)

prospects. Both programs intersected significant sulphide

mineralisation providing further encouragement in relation the

potential of these two prospects. Assay results are expected

within two weeks, after which further evaluation will be

scheduled.

ASX

ANNOUNCEMENT

30 JULY 2008

Thundelarra Exploration Ltd

ABN 74 950 465 654

ACN 085 782 994

For further information

regarding Thundelarra

Exploration Ltd contact:

Brett Lambert

Managing Director

or

Brian Richardson

Director of Exploration

Phone: + 61 8 9321 9680

Fax: + 61 8 9321 9670

Website:

www.thundelarra.com

Email:

info@thundelarra.com.au

Registered Office:

Suite 2, Level 3,

IBM Building

1060 Hay Street,

West Perth

Western Australia 6005

PO Box 7363, Cloisters

Square Perth Western

Australia 6850

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  • 1 month later...

 

 

under-rated gem about to get a wriggle along i reckon ....

 

some suggestion at the other place that umc being held back by suggestions thx is about to drop its stake in the soon to be IO producer ...

 

dont bank on it ... thx know umc is worth $4 ++ and their directors will be hanging in to realise full value .... If umc go to $4 (and they will) thx is $1 ++ based on that stake alone.

 

Throw in the cash, a 40% share in a producing nickel mine (nickel rising, dollar dropping), good ground and nickel hits all around said mine, base metal prospects elseweher, great U ground in NT etc etc ....

 

well, like many ts unloved and undervalued. But its not going to stay that way. DYOR> http://www.sharescene.com/html/emoticons/graduated.gif

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  • 3 weeks later...

In reply to: dylan on Wednesday 03/09/08 09:29am

Keller Creek results came out after market yesterday arvo. Fleur De Lys results came out during market time. Both look good.

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  • 3 weeks later...

In reply to: Jay on Friday 19/09/08 08:26am

PEOPLE...what the hell has THX done to deserve this sell-off? It's alarming...where the heck is the bottom. Small volume but 16 c with a low of 14c!!! Just gotta hang in there i guess..im still holding.

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In reply to: grommit on Thursday 09/10/08 11:32am

what have most companies done to deserve the shallacking they have received!!

 

THX is in a strong position. Hang tight, it'll bounce back pretty quickly imo.

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Can anyone explain why today THX is down 13% yet UMC is going against the trend and is up 13% as of 11:20. With THX owning over 20 million UMC shares and starting their mining operations this quarter. It doesn't make sense ...... as if anything does at the moment . Probably just answered my own question.

Thanks for any info.

 

Am holding in both.

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In reply to: vine on Wednesday 15/10/08 10:19am

Its a crazy market at times. There has been on seller in THX for whatever reason. Seems he is now all done and the price has spiked a little.

 

Still so god damn undervalued imo. Probably a good time to top.

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