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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 Jmark1on Dec 31, 2009 5:10pm
236 Views
Post# 16630421

RE: Sirit by the numbers

RE: Sirit by the numbersYes indeed it has been an interesting week to say the least! There was some action at close yesterday as well, neat thing is the asks didn't bend. There is an old saying that the smart money buys at the end of the day, which makes me believe there is more to come! If this price holds next week when the big boys get back to the table then IMHO a contract is in the making.
GMP was telling us something a couple weeks back and I should have bit to bring down my average (I really thought hard about it). But one reaches a point where buying ten's of thousands of shares doesn't do much to the average price. So I sit here on my pile of shares waiting patiently to see the day when when the Unrealized Gain/Loss column shows a positive number. Less than one thin dime separates large profits from large losses, but holy smokes has this week made that line look GOOD!!

IMO Norbert has done a good job of managing the company over the last year, regardless of how I viewed his first couple years at the helm.

Unless there is a BIG tag deal going down now, it looks as though Wolf (my favorite (well except for Anastasia:) )) will not be getting his bag o' shares. I like the guy but keeping 10mm shares from being added to the total OS is good news. Sirit can reward him for his efforts when there is lots of cash in the bank and the shares are trading north of $1.

John ( Hope Every One has a Happy,Safe and Healthy New Year)


Bullboard Posts