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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 Kanuckon Jan 27, 2007 10:39am
189 Views
Post# 12105953

google search

google searchSitting here with me morning coffee I decided to do a liitle surfing.. On my favorite company lately and found this little post.. Don't remember any news release? But then again my memories not the greatest these days. Here it is... Intellicon-Sirit joint venture Automatic Identification and Data Capture as a technology is still in its growth stage in India. There are a few rollouts and a few customers and the market is steady at about a 40 percent annual growth. But the introduction of Radio Frequency Identification (RFID) technology giant Sirit could speed up the technology’s growth in India. Intellicon, an India based Automatic Identification and Data Capture (AIDC) company, has recently entered into a agreement with US based Sirit that develops, manufactures and sells Radio Frequency Identification (RFID) technology. The Indian market is gradually beginning to see growth in terms of more users. Retail seems to be the driving force for these technologies currently. Hence, there is a high possibility that the RFID and AIDC markets, when together, will meet higher sales from two major segments – Point of Sales (PoS) and supply chain. "The current growth of RFID and AIDC put together is 40-50 percent" informs Sameer Parekh, Managing Director, Intellicon. Contrary to popular belief, these technologies are not limited to products being scanned in a superstore. Enterprises dealing with supply and manufacturing are the ones to reap highest benefits of such technology. This partnership is expected to change the way toll is collected on Indian highways. However, the biggest obstacles in the way of organisations adopting these technologies seem to be product and data volumes and ROI. It would not be a very good idea for an organisation with small volumes of products manufactured to go in for RFID readers.
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