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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 au536on Jan 02, 2010 2:26pm
301 Views
Post# 16632423

Earnings and Technicals

Earnings and TechnicalsEarnings:
Current proposed date 2009 Q4s is 17 Mar 10. Analyst projections: -
.01, Revenue $5.6M.

Technicals:
Intermediate-Term Bullish: price target range 0.32 to 0.34
Long-Term Bullish (Head and Shoulders Bottom); price target range: 0.71 to 0.81.

Best guess: significant potential for short-lived pps reversal. Hopefully my guess will be totally wrong and if proven wrong (by continuing to go up) I will be very happy.

Observation: naysayers on this board clearly non-existant. Usually they pounce (negatively) on stocks like Sirit in order to buy in at a lower price. For some reason Sirit NOT currently in their cross hairs. Let's hope the reason is a positive sign. Perhaps too many stocks are up over 200% this past calendar year to get their attention. However if they do show up then I'll be even more happy because it has been a fairly positive indicator in the past. 

Bring on the Tuesday news.

Anyone know if insiders are currently in a restricted no-buy period?  Insider buying would be a very positive indicator that something significant may be lurking right around the corner.
Bullboard Posts