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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

Comment by swingtrader45on Nov 27, 2021 7:35pm
152 Views
Post# 34172837

RE:RE:RE:Changes to Board of Directors

RE:RE:RE:Changes to Board of DirectorsThanks SHawk, appreciate your views. Late on Friday Press Releases aren't typically the hallmark of carefully planned news. Nonetheless, I just hope there isn't some wierd ego battle going on where a big Insider block tanks the market. And I guess nobody cares about Margarita anymore???

The bulk of their Options (4.5Million) are at $.85 and expire in 2022 so that would be a good price - sorry but I don't recall ever witnessing a premium to market??? How many shares do you think they will issue? 10 to 12Million? Will Rick Rule come in on this deal (Michael worked with Rick I believe)?

I was going to bid for more stock with this correction but now I'm curious to see where it opens on Monday. Your thoughts Juneau? You had previously said $1.25 to $1.50??? Thanks and GLTA.

 
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