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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 Footstepson Oct 07, 2008 5:07pm
278 Views
Post# 15511620

RE: 60,000 - 90,000

RE: 60,000 - 90,000
Prarieboy and Ehv8tor

I think I missed the connecting post re 60,000  to 90,000 but it is obvious you are referring to Tagsys and it looks good.

Prior to the Feb to May period the reader systems (or readers) installed by Tagsys was 60,000

In that same time period the Throttleman? award was published and the RXU 400 (Sirit UHF system) was announced and the number of readers or reader systems was increased to 80,000.

Not clear if we were part of that increase but possible..  The UHF (RXU 400)  was said to be available in the 2nd quarter.

Even if we are only participating in the last increase of 10,000 reader systems (to take it to 90,000) and have only 1,000 2,000 3,000 or 5,000 readers in that 10,000 increase........that would seem significant....it is bigger than metro?...(PS Metro suppliers must be purchasing the best reader on the Globe.) ...(It has been less than a year that we went from a handful of resellers to over 40...and these are not bit players...


In Q2 RF revenue was up $500,000..could Q3 be up much more. I think it will

It will probably will not offset the slow AVI revenue ( 3rdQ) but even here we do not know how the revenue for 40 lanes in Brazil with 3M will be  recognised. It has been suggested it is not an exponential  contract but It has to be worth a couple or a few million....and will probably lead to the exponential 400 lanes.  

I am beginning to lose track of the potential and would like to thank Brotherm for his good efforts 

Bother me (just kidding) You may have taken on a bigger task than either of us could have imagined..

I certainly hope so...

   
Bullboard Posts