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. Its projects include Santa Cecilia, Margarita and Andrea. The Santa Cecilia project is located approximately 100 kilometers (km) east of the city of Copiapo, Chile, in the southern region of the Maricunga belt and immediately north of the El Indio belt. The property covers over 3,250 hectares (ha) and is immediately adjacent to the Norte Abierto project. The Margarita Iron-Oxide-Copper-Gold (IOCG) project is situated in Chile, over 65 km north of the city of Copiapo. The Margarita project is comprised of approximately 1,245 ha. The Andrea copper porphyry project is situated in northern Chile, over 100 km east of the city of La Serena. The property is located at the western margin of the Miocene aged El Indio belt that hosts the El Indio and Pascua Lama epithermal gold and silver deposits. The Andrea project covers over 1,200 ha at elevations ranging from 3900-4900 meters.

TSXV:TORQ - Post by User

Torq Resources Inc

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Post by au536on May 14, 2009 5:25pm

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Post# 15994216

Here's some pre-Q1 data

Actual shorts as at April 15 was a measly 6,607 shares.
More important though is our book value as at 31 Dec 08: 10 cents.
Consensus target price (read guestimate by two analysts): 15 cents.
Source: FP

The period from now to the beginning of August, from a technical perspective, is important. The so-called Summer dolrums could likely kick in and influence the pps appreciation potential in a negative way. However, a "ripe" revenue generating announcement planned for right after the "specially-priced" NBF-manipulated options are issued would be .... chuckle ....coincidental. I'm really streching it.... my crystal ball is starting to over heat.

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