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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: I hope we maintain our focus

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questrader

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I hope we maintain our focus

posted on Oct 17, 07 12:42PM

I don't know about you guys but I really feel Torch should stay focused on Red Bird and not play the real estate game.

So far so good.

I've seen it happen too many times that companies like this feel they aren't getting market attention because they are too small, so they decide to buy moose pastures.

We have something here, let's build up as high amount of an indicated resource base as possible and push things towards production. I mean plan to do this on our own, not considering a joint venture or buyout. Get the open put mines set up and get this thing going by 2010.

The closer we get to production the more interest we will gather. I haven't heard many news releases mentioning our time line for production. Honestly too bad.

I'd buy more if they simply started talking about production more...not just drilling.

My 2 cents.

-Questrader

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