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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 PeterPiperon Mar 03, 2010 8:25am
367 Views
Post# 16836925

RE: Closing date for sale of shares

RE: Closing date for sale of sharesThere should be no need to call your broker, unless you hold your share certificates.  If you do not, then your shares are registered under your broker's name, so the funds will be transferred directly into your account(s).

Why is it still trading?  Somebody asked Norbert at the meeting and he didn't know whether they would be tradable, but asked the same question.  Perhaps some are willing to give up 1/2 a cent to be certain of their money.  The deal is subject to court approval, so there is still some chance (very minimal, IMO) that the deal will not stand.  I believe the court hearing happened yesterday (correct?) and nothing has come across the newswires as yet.

Piper
Bullboard Posts