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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. The Company's projects include Santa Cecilia and Margarita. The Santa Cecilia mineral exploration project is a 3,250-hectare property located approximately 100 kilometers (kms) east of the city of Copiapo, Chile, in the southern region of the world-class Maricunga belt and immediately north of the El Indio belt. The belt is characterized by gold epithermal and gold-copper porphyry deposits. The Margarita Iron-Oxide-Copper-Gold (IOCG) project is comprised of approximately 1,445 hectares and is located in Chile, 65 kms north of the city of Copiapo with access to infrastructure. The property is located within the prolific Coastal Cordillera belt that hosts the world-class Candelaria (Lundin Mining Corp.) and Mantoverde (Mantos Copper Holding) IOCG mines, and porphyry-skarn deposits such as Santo Domingo (Capstone Mining Corp.) and Inca de Oro (PanAust/Codelco).


TSXV:TORQ - Post by User

Bullboard Posts
Post by p.yuon Aug 23, 2006 7:55pm
407 Views
Post# 11264467

What is all the fuss about?????

What is all the fuss about?????I am somewhat surprised that many of you who have followed this company for years/months that you cannot see what is taking place. New management, new acquistions, new balance sheet, new products and platforms and and industry that is on the verge of taking off big time. My forecast is 2008 - 2010 and I am glad to see so many naysayers and doubters still own this stock and keep coming back to complain. Sounds somewhat illogical but speaks volumes about your true feelings. Vent, vent, vent but it will not change the stock price in the short run. {This is so much similar to all those investors in the junior mines post Bre-X who watched there favorite spec mining plays go from $ to pennies and stay out of favour for 5 years (1996- 2001) before seeing the re-birth. I recall sevaral beaten up stocks trading for pennies and now they trade for what seems like ridiculous valuations.} The company (Sirit) was very straight forward in telegraphing the impact of the acquisitions on the income statement, the Samsys acquisition could prove to be one of the best acquisitions they have made with regards to the new platform. I am waiting for lower prices and cannot wait for the sellers to turn the tide from supply to demand. But then again I am patient and have a longer term horizon for this to play itself out. Cheers!
Bullboard Posts