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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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AGORACOM WIRE - WEDNESDAY MAY 30TH, 2012

GOLDEN HOPE MINES (TSXV:GNH) Confirms High Grade Intersection of 64.1 g/t Au (Gold) over 1m Read More

The screen metallic analysis returned 82 g/t Au for an average grade of 93.5 g/t Au.
Two additional fire assays on the original pulp done prior to the screen metallic analyses returned 0.22 g/t Au and 0.12 g/t Au for an average fire assay grade of 0.41 g/t Au. The weighted average of all the fire assays and screen metallic assays from this 1-metre section in hole BD2011-184 is 64.1 g/t Au.

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Message: First post here, long time Moly investor

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Tallons

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First post here, long time Moly investor

posted on Mar 08, 08 04:38AM

I thought this was a good time to post. I've visited this forum from time to time and it looks like there are some fairly long Moly investors here.

I invested in Torch quite some time ago based on my own DD. Then shortly thereafter my long term outlook on Moly was confirmed by Sprott. For those of you who might not know, Sprott started the "Sprott Molybdenum Participation Corporation" which trades under the symbol MLY-T. One of the holdings is Torch, the fund holds almost 10%. It’s great that some of the big boys have taken notice. Sprott does not go after a venture exchange stock that will return a modest gain. We are looking at great potential. Not trying to pump this stock, just giving my opinion. Do your own DD!

If you are looking for some insight you should read Sprott’s Molybdenum Market Outlook, December 2007 report. The report is a couple of months old but still relevant. You can download the report from their homepage www.sprott.com

GLTA,
Tallons