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. 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

Torq Resources Inc

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Post by nekon Feb 24, 2010 5:03pm

327 Views

Post# 16816830

TO THE OTHER BIDDER!!!

IF ANYONE KNOWS WHO THE OTHER BIDDER IS PLEASE SEND THEM THIS!!!

This is how you can take over Sirit without triggering Employee Incentive Plan.

Buy 83 mill shares or approx 51% of Sirit at 44 cents and the remaining 78 mill shares for 56 cents.

Total cost involved would be approx 50 cents for the total shareholders but avoid the Incentive Plan as you are not paying more the 44 cents for the majority of shares.

NEK

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