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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
Comment by au536on Mar 05, 2008 5:19pm
89 Views
Post# 14603075

RE: Trading Observation

RE: Trading Observationprairieboy1 You bring up a good question. When one has deep pockets (drmikey3..grin).. one can do whatever is necessary to keep the price where you want it. If you want to keep the price at or around 27 cents you strategically take out all 27 cent bids and perhaps a few at 26.5...for very SHORT term insurance. If the bid comes back to 27 then you buy out those bids as well. So its not difficult if you have sufficient buying power. You just buy the absolute minimum required to accomplish the goal if indeed the price tendency is up. I'm going to take a flyer here and say GMP Securities is behind most of the anonmymous trading. I really have no idea. From my personal perspective, if I were buying right now, I'd like to know if I'm rushing my bids or should I wait for the sellers to come to me. It's extremely difficult to do when we obviously don't have a level playing field with anonymous in play. However...eyes wide open or put another way...buyer beware.
Bullboard Posts