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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 sablesavoyon Sep 11, 2009 10:04am
227 Views
Post# 16296808

No more excuses for losing money

No more excuses for losing moneynot  with the latest BATA contract, SI management  can and must deliver break even.
If,as Anastasia ominously hinted, they  escalate expenses to deliver losses, no matter how big or small, then shareholders must demand  removal of top management and resignations from, so called, independent Board members for failing to carry out their collective fiduciary responsibility.
The time to insist on break even is now. 17 cent share price represents the cumulative disappointing performance for which management were wrongly  awarded with options at a 66% discount to their previous years price. the Board must stop offering incentives to management for posting continued losses. IMO
Bullboard Posts