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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 Gilaaaaon Feb 23, 2008 2:00pm
167 Views
Post# 14532885

Tags/Sirit relationship

Tags/Sirit relationship

 

 

My take onthe news and the state of things:

  • This more then a regular reseller. We are in their offerings, with real sales.
  • The reiterated what is been said by others that ‘510 reader  is ‘first of it’s class’ they put their money, and future on it.
  • They will showcase it
  • they openly claim they need this to go up a notch in answering their customers needs.
  • Their credibility, size and potential sales are art least reasonable and will have others take notice. Adding to our credulity
  • The very fact that such an advanced vertical market player into item labelling and having comprehensive solutions is using our platform will eventually influence our bottom line.
  • The working relationship is of itself important for the future.
  • With their scope of reach they will be anther source to advertise this small company helping to spread the word.
  • An OEM player has limitations in getting the word out. They were not shy about the co-operation and that speaks volumes. It means that it is to their advantage to have us with them openly.

With all the above why such a poor reaction from the market?????

Some ideas –

·This is a ‘Show me the money’ stock now ?

·Current market conditions being very risk shy ?

·Mistrust of the management ?

·Grossly diluted # of shares ?

·Industry not yes in swing ?

·Not enogh know about this company and it potential ?

·Those that do have been disappointed with the currentSP and direction ?

·A sluggish PR department or attitude to PR ?

·Conspiracy theory ?

 

Who knows ?. What is clear to me and anyone on this boardsthat believes in this company is that there is a gross under valuation of thestock. 

I put my money where my mouth is and got a little moreyesterday 10k at $0.21 here are the reasons:

  • Sirit is now a more mature company in a maturing industry with growth potential.
  • More news will help.
  • With the above news revenue is likely to result by year end.
  • When there will be enough industry interest and that seems to be happenng it will translate to investment results.
  • Yesterday, I would not tell my brother about this stock after the news I might reconsider.

 

As for the conspiracy theories I don’t rule them out.I am a SMY survivor and I understand how it feels to be in a place where theinvestor gets screwed. Lets admit that some time we get carried away by theendless potential. I remind my self and others this investing and not dreaming.
good luck
see some of you at the AGM

Y.

Bullboard Posts