Credit: Shutterstock photoThunder Mountain Gold, Inc. (THM.V) has hit a new year low of 8 cents today from the previously recorded 10 cents. It has dropped almost 21% to $0.095 from yesterday's 12 cents close late in the afternoon.
Today, the company said that on November 7, 2011 it entered into a non-binding letter of intent to acquire Green River Energy Corporation with the Hess Group, the principal shareholders of Green River, a privately-held oil and gas company based in Salt Lake City, Utah with current oil and gas production from the Uinta Basin in Utah.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
