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Torq Resources Inc V.TORQ

Alternate Symbol(s):  TRBMF

Torq Resources Inc. is a Canada-based copper and gold exploration company with a portfolio of holdings in Chile. Its projects include Santa Cecilia, Margarita and Andrea. The Santa Cecilia project is located approximately 100 kilometers (km) east of the city of Copiapo, Chile, in the southern region of the Maricunga belt and immediately north of the El Indio belt. The property covers over 3,250 hectares (ha) and is immediately adjacent to the Norte Abierto project. The Margarita Iron-Oxide-Copper-Gold (IOCG) project is situated in Chile, over 65 km north of the city of Copiapo. The Margarita project is comprised of approximately 1,245 ha. The Andrea copper porphyry project is situated in northern Chile, over 100 km east of the city of La Serena. The property is located at the western margin of the Miocene aged El Indio belt that hosts the El Indio and Pascua Lama epithermal gold and silver deposits. The Andrea project covers over 1,200 ha at elevations ranging from 3900-4900 meters.


TSXV:TORQ - Post by User

Bullboard Posts
Comment by Jmarks1on Sep 27, 2008 12:28pm
222 Views
Post# 15488773

RE: John, this may help 'splain things...

RE: John, this may help 'splain things...Thanks  Blue,  as many have posted here and through my own research itis OBVIOUS that RFID's time has come! Also Sirit still has the bestreader in the world and known contacts with the biggest players in thespace.

I'd like to buy another 100k shares but I'm hesitant due to theimpending quarter Sirit plans to have and the possible fall out fromit. On the other hand there is a VERY good chance that a large (andother) contract will be announced any day now. Also Sirits cashposition leaves me cause for concern even though Sirit now has another$1m in cash and does in fact have access to more borrowing if needed.
Also it doesn't help that I bought a whack of shares when they where just below $.50, getting burned when the price was on the upswing.
Also I'm also wondering if I'm being a little too greedy holding over 200k shares already.
Then there will be the impending traders holding the price down while they try and make a buck on news.

Whats a man to do?

John (Still long and holding)
Bullboard Posts