Why is this server low on thorium?

When i came from Lordaeron i lost half my gold because of a better financial situation on Icecrown. 1 (!) thorium ore is 11gold on AH now.
Why?

Pit

Supply and demand

get out and farm some thorium and se for yourself.

I farmed thorium and made over 30k in three days. At 250-300g per stack it's very profitable if you're willing to put some hours into it.

thorium is useless pretty much only used when lvling professions, therefore low in value. people buying it from ah for 250 a stak are just morons.
the same morons who buy ingame gold fore real money i guess

Useless, but people buy it for 250g stack?
How much for useful saronite or titanium?

Thorium is useful for all kinds of things, Arcanite Bars, repair bots, some trinkets and ofc leveling prof.

Morons are ones who can't see value of it.

thorium is and should be very low in value. but you want to farm it anyway to make gold, be my guest. i personaly don't give a finger about thorium, since
there is better ways to make gold with little to no effort, like copper ore for example.