Welcome to the Torch River Resource Hub on AGORACOM

Torch River Resources has a 25% interest in an advanced molybdenum property, Red Bird. Reserves have been classified by Giroux Consultants Ltd as 88.21 million tonnes indicated and 63.39 million tonnes inferred.

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Message: RE: TORCH!!!

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RE: TORCH!!!

posted on Mar 22, 07 06:42AM

This has been an incredible run! With moly prices over 30USD per pound many analysts are calling for 40-50 per pound by year end. Either way Torch extremely well positioned. They have cash and a fantastic property with over 100 million pounds of moly. Perhaps there is a property acquisition on the horizon as well. Torch has established itself well over 50 cents. The support is at 57 cents and there doesnt seem to be any resistance on the horizon. Stay tuned to this one it's going to be a winner this year.

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