Went into this company at 16.4p this morning and added twice, its now up 29% and could go a lot futher over the next few days. Of all the gold juniors I thought it to be the most undervalued this morning. It is a company that as issued shares after shares, but as POG continues to stay strong and rise I feel this one will go from strength to strength. It has been over I think 32p already this year so thats the benchmark for the price.

REMEMBER this is a gamble and just that, there are no re- assurances from me on this one. If you like the story please DYOR and remember youd better be quick the way its shooting forward.

You are responsible for your own buying and selling actions.

cheers GF.

Its now up 31% and looking stronger.

gf.

Now up 42 % and looking very strong. There is news in the market that Dines letter ( a tip sheet type thing) over in America and here put a sell note on these very recently. With that being the case shorters running for cover will be helping push the price up, and dont forget there will be a lot out at work and wont know whats happened until they get home.

We could be in for a very interesting few days. But remember it is a gamble and not one of my usual long termers.

cheers GF.

you posted it just as i was going to. my broker did not deal in this stock,so i was unable to buy and missed out.Good luck to you gf.stock is flying now.

Talk about luck aswel blimey just look at this, I swear I did not have this info when I went in and bought it this morning. Think Ill have a quid on the daily lottery.

Thistle Mining Inc.
13 November 2003



Thistle Mining Inc.

Success at the Eldorado Massive Project
6.3 Tonnes of Gold Added to the Resource Category


Toronto, 13 November 2003. (TSX:THT, AIM:TMG) The directors of Thistle Mining
are pleased to announce the discovery of two significant resource blocks in the
Eldorado Reef Package at the President Steyn complex in South Africa. The
blocks have been identified as a part of the on-going compilation and
interpretation of historical data received during 2003. The results to date
have arisen from examination of a strike length of 150 metres out of a total
area of 2.5 kilometres.


The resource consists of two blocks, totalling 740,000 tonnes with an in-situ
grade of 8.5 grammes per tonne. The blocks are situated at the top end of the
Northern section of the mine approximately two and a half kilometres from the
Steyn Three shaft.


The first block, 'Line 65; Block #1' comprises vertically stacked thick
auriferous reef packages 12.5 metres wide between the EA1 - EA5 units. The
North - South strike length of this block is 150 metres. The resource sits
between the 52 and 54 levels of the mine site giving a vertical depth of 100
metres.


The second block, 'Line 65; Block #2' is twenty metres above Block #1 and
comprises a 15 metre wide reef package developed between the EA7 - EA 7A units.
The down dip extension in the East - West direction is 125 metres.


A programme of sixteen drill holes will be undertaken to lift the indicated
resource to the measured category, prior to the commencement of mining. It is
anticipated that mining of the newly identified blocks, utilising existing
infrastructure, will commence in approximately three months time (following
completion of an operating mine plan). Once this mining commences, it is
estimated that approximately 20,000 tonnes per month will be produced from the
blocks. The company has yet to decide whether to expand its own workforce to
mine these blocks or to use contract miners at a cost of approximately ZAR 250
per tonne. The ore will be treated at the Southern Section process plant in the
short term.


Commenting on the results Mr William McLucas said 'This initial discovery covers
only a small part of what we currently believe to be a much larger ore body. It
is very good news indeed to be able to commence mining from the area in the
short term. This high grade ore will be very profitable to treat, even at this
prevailing high Rand exchange rate.'


Peter Camden-Smith, (M.Sc. (UCT); G.D.Eng. (Wits); M.B.L. (Unisa); Pr.Sci.Nat.)
the Company's independent consulting geologist, commenting on the results to
date said 'This is a very encouraging start to the programme we planned in late
2002 of targeting the multi million ounce potential of the Eldorado Reef
system.'


The full report from the Company's independent geologist will be available
shortly on the Company's web site
www.thistlemining.com
and on SEDAR.



For further information contact:


Willie McLucas
President and CEO


William.mclucas@thistlemining.com
+ 44 131 557 6222


+ 44 7836 638 912


or



Harvey McKenzie
Chief Financial Officer


Harvey.mckenzie@thistlemining.com

+ 1 416 594 3293




This information is provided by RNS
The company news service from the London Stock Exchange



cheers gf.

With the price of gold going up I've been looking for another gold share to add to my holdings in Golden Prospect ( GOL ) and Oxus ( OXS ). Despite the fact that the price has gone North today I think this one has a lot further to go. Thanks GF.

Congratulations.

I particularly like the last 2 paragraphs ------independent consulting geologist
rgds ajren

What are your lottery numbers. Another fantastic call Goldfinger, you're peerless!

well done GF you are the best....
I didn't think twice just jump in at 21p (I like risk, you either make a lot or lose what you where prepared to loose...)

keep them coming...

Ciao

A report guys i gave out 2 mins ago on another site. please, please DYOR and keep your eye on the price and POG. Here it is.



Yup I agree to a certain point on that report CW, but the fact is nobody as made any profits on this one for a while ie, the winter, until today. Like ive said all along its a gamble and so are other gold stocks, but the trend is up and I can give you reasons why this may continue with this stock...........


1. POG is up and rising.

2. The company have reported late today very positive results on two workings.

3. This company as I said this morning looked well undervalued and early buying before the RNS proved that.

4. The South African Currency the rubble is now going agaist the dollar, in other words positive for us, can anybody clarify that please???.

5. Shorters are held in a bear trap and and are trying to get free. YES THEY HAVE TO BUY THEM BACK, and from what I have heard theres a lot out there.

Conclusion - this is still very high risk, but the RNS from CW this afternoon which came out of the blue and I mean that ( i was not aware of it until CW posted) brings the risk down an awfull lot.

How will they go in the morning, ??, up I would say for at least two days but as usual I am only human I could be way off. But I know where my early money is going.

DYOR.

Please look after yourselfs freinds, this business is cut throat. The last thing I want is anybody losing out on a gain or a nice gain. Keep your eyes peeled to the screen and keep checking POG. IF it does drift downwards and POG is going north think twice about selling. Its what you want as a profit.

Im just trying to help us all to an early xmas present.

cheers GF.

After tonights news there is a very big chance that these babes will move very higher, but please dont miss the action.

GF.

Looks like its 33p pdq and if it gets thro that then Gawd knows wher its going.
With CDN more than quadrulpling on similar news, could easily blast to new highs.

GF's right-33p minimum target, then off it go...
I add some more at 24.70 + 25

Ciao

looking good
GOL goin for it too having consolidated around 30p for a month

Think your right Guys. I first called it an out and out gamble yesterday morning but that RNS which i didnt know of until about 4.15 certainly reduces the risk on this one. At this price I do beleive it is as cheap as chips.

I have added twice through different stockbrokers this morning as I cant get the full whack I want. Do not know if they are short I am not that type that comes out with that type of statement which we always see banded about, but it maybe the case.

Anyway I think theres a lot more upside in these but please DYOR.

cheers GF.

By the way I forgot dont think for one moment this price increase is over, because its not. Dont forget they have quite a distance to move yet to their yearly highs. The opportunitys there go for it, but as usual DYOR.

cheers slater.

Profit taking in Canada pulled this one down as the day went on. If POG stays up its still worth sticking in there for more upside.

cheers GF.

GF,

Like Thistle, but wary of S.African gold stocks at the moment, so only watching, god luck though.

You mean the dollar v the rand ??, and its implications????.

cheers gf.

I am SURE Andy meant the dollar vs the rand and it's implications! It's no longer enough to have great production and huge resources, unfortunately, if you operate in a country which has a very strong currency against the dollar.

In spite of last week's upbeat news, go and look at the company's numbers. The latest financials are available from their website, and are well presented and easy to read. Alternatively you can find them at www.sedar.com, as Thistle is dual listed.

This was one of my favourites at the beginning of the year, but in spite of their currency hedging, and consequent massive debt repayment (which is continuing), the strength of the rand has trashed Thistle's profits over the last 6 quarters, and driven their mining CASH costs up to $399 an ounce by the end of their 1st half in June.

They registered a loss for the first half of over $2.1 million, compared with a profit for the first half of the previous year of $5.7 million. That was with turnover up by 50% to $34.8 million from $23.5 million.

They desperately need those new gold resources and reserves, because only by increasing throughput can they bring down unit costs. Recent moves with the trades unions to improve working practices may also help. And I understand that they currently have - or are about to have - outside consultants to study mining practice at President Steyn and advise on improvements.

Willie McLucas is a sharp cookie, and the company has great promise. He has just raised another $24 million in convertible loan notes to finance the Massives and Masbate, but while the rand stays strong, he will have a very hard row to hoe to start getting back into profit before Masbate, with its lower costs, comes on stream in 2005. He has been quoted as saying that $400+ gold and a rand standing at 10 to $1 could put him back into profit in S Africa. We may soon have $400 gold, but the dollar is still very, very weak against the rand....

Q3 numbers are due out any time, and I cannot see them being good.