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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 nekon Jan 02, 2005 1:08pm
155 Views
Post# 8378450

04 recap

04 recapHappy New Year All !! And what a start SIRIT at $1.55 I thought i would take some excerpts from Northern Securities buy recommendation report: Oct.5,2004 "STRONG BUY" 12-Month Target $2.30 -RFID could grow to US $7 billion by 2008 -the major RFID initiatives by Wal-Mart and the US Dept of Defense reflect RFID is on the cusp of being technologically and economically viable for SCM and are accelerating industry adoption -with their 10-yr history in the AVI market, the company has a solid foothold into the SCM market as well as growth opportunties in AVI market -passing Intel's due diligence process means that they are a leader in the field of RFID -both officers as well as the directors have extensive experience in developing leading-edge RFID technolgies and in establishing partnerships with Fortune 500 companies -a revenue base of $20 million per year and growing Not to mention the Harris report..Great balance sheet,no debt and cash in the bank! (And let us not froget our legacy investments "05" looks like the best year yet for them to IPO). Continued revenue growth both in AVI and SCM. I can't think of a better Co.to be invested in going into "05" Good Luck Sirit longs!! nek
Bullboard Posts