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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: TCR is a sleeper right now...BUT...it will awaken..

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Re: TCR is a sleeper right now...BUT...it will awaken..

posted on Sep 25, 07 01:44PM

i wholeheartedly agree, nto; it's a fact that not all sectors can share the same spotlight and it appears, for example, NOT is a shining example of this.

now, here's a small cap company that not only 3 weeks ago was trading at a similar price as TCR is today. in fact, a year ago the two shared very similar prices ... but, while both are fruit, i compare apples and oranges.

the fact is, there is a very legitimate arguement for staying in torch (or moly, in general) for the long haul. don't waiver on these short term fluctuations for these do not (yet) represent the true value of this resource or company.

but, imho, perhaps, the best arguement for the longhaul was expressed by MISFIT1 in his post on the NOT forum.

http://www.agoracom.com/ir/Noront/me...

skip the NOT details and try just try focusing on it's message. basically, as it applies to TCR, to realize the full value of torch shares, we may have to hold them for years. i believe that each individual investor's short term success really depends on their own particular short term goals and the market at that time. and, as nto has pointed out in his post, once moly starts getting more attention (as i very strongly believe it will), those shorters with more immediate objectives should start to see them realized soon.

again, torch has a solid management team, a financially strong company position and a finite resource. i, for one, anticipate being in for the long haul so, these minor, undervalued fluctuations are, in my opinion as well, really nothing but a signal to buy more.

cheers.

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