Torq Resources Inc V.TORQ

Alternate Symbol(s): TRBMF

Metals & Mining Industrial Metals & Minerals

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

Torq Resources Inc

Bullboard Posts

Comment by PeterPiperon Oct 22, 2007 11:16am

81 Views

Post# 13614847

RE: Exchange rate.......

I tried posted quite a long response to your analysis but it got lost! In their usual fashion, SH keeps asking me to update my information. Why do they do this countless times a day! In not doing so what I typed got lost. Buggers!

I don't have time to write it again but I will point out one thing. Q1 revenues were 20% higher than Q1 last year. The year-over-year increase for the previous year was 22%.

I am predicting 6.8 million in revenue for the quarter and a break-even on cash flow. That would make us one quarter ahead of Norbert's prediction.

Piper

Bullboard Posts

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