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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

Comment by swingtrader45on Nov 27, 2021 1:10pm
140 Views
Post# 34172276

RE:Changes to Board of Directors

RE:Changes to Board of DirectorsWhat is going on with this company? I went back and looked at Press Releases and Michael Kosowan stopped issuing them in 2020 when Shawn Wallace seemingly took over by announcing the appojntement of the Chilean Exploration Team.

O.K., the pivot makes sense. It appears the company was off doing other things under Michael anyways. And as some of you here have indicated he is still active in behind the scenes.

But now Shawn's partner and Co-Founder of the company, Ivan Bebek, is stepping down off the Board???

What is also strange is Ivan has commented on FURY and TSLV core at every turn but has not said anything about Margarita drilling. The description of the drilling in that last video by Michael Henrischsen sounded a little funky to me. Has Margarita gone sideways???

 I 'get it' and am excited about Santa Cecilia but the thing about options is they are spendng commitments and the company has taken on 3 of them now. Clearly they need to raise money, which is fine, but why are my Spider Senses are tingling when I think about what might be going on in the corporate hallways here?

I have seen this before where you get a Secondary along with a Primary offering to fully change the guard at these sort of crossroads.Thoughts/ perspective on Ivan would be appreciated. Will Insiders even participate on the next raise? GLTA
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