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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 May 18, 2009 10:54pm
159 Views
Post# 16000206

RE: RE: Why was it that Norbert didn't want this?

RE: RE: Why was it that Norbert didn't want this?I like it  FireandRain50! Are you going to pass this on to Anastasia or am I?
It's too bad the AGM has past because it would have been perfect timing. I can tell this board for a fact that I would be buying more shares if such a plan where in place as I would feel much more comfortable knowing the rug couldn't be pulled out from under me. And Fire I think we are in similar positions, we bought a LOT of shares when the PPS was well above $.30, supporting the company only to be met with indifference as a share holder.

I also feel a lot more positive about QEC, the company that made the original statement, they are similar to Sirit in that they have a lot of potential but it's going to take time and $$ to realize that potential. Now in the mean time I don't have a issue buying more shares as I believe QEC is going to make it and if they don't I have a good chance of getting my money back because they can't be bought or sold on the cheap for someone else's gain.

Sirit management has the best of both worlds right now, a tonne of cheap shares and a well paying job. So all they have to do is keep their heads above water. If Sirit gets bought out or sells on the cheap they will win and I will loose. I realize there are a lot of people that have bought cheap shares recently, but there are probably more of use with a average PPS above $.30/$.40. How will we get our money back if the company where sold tomorrow?

Anyone here buy Nova Chemicals stock and saw how the CEO alone came away with $70m this year for coming within one week of  bankrupting the company? It's shameful ++++++!

John
Bullboard Posts