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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 Nov 08, 2008 4:32pm
193 Views
Post# 15574403

RE: Are the markets closed on 11/11/08...

RE: Are the markets closed on 11/11/08..."I'll hope for the best with the minimal information available..."

That's about all one can do with Sirit Blue, as Norbert is treating this as his own private company, but seems to forget we are the ones that foot the bill.
RFID is here now, and here Sirit is, quiet as a church mouse. No idea of project timing and cash flow, no idea about anything surrounding this company.
We are just supposed to be good little investors and just blindly trust management. All I know is Sirit is good at burning cash, AVI revenues seem to have disappeared (now he has a reason as the economy is bad you know), there are a couple of projects on the table, but who knows the timing or $$.
And most importantly Sirit is running out of cash fast and is now in debt to boot. Most of you know what debt can do to a company at the drop of a hat.
I'm just plain tired of Sirit and the way Norbert is treating us shareholders, period.

This Qtr. will tell me if it is time to move on or not.

John
Bullboard Posts