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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: INDUSTRY BULLETIN - CPM says global molybdenum supply deficits will grow in 2009 and 2010

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Isaacp

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Re: INDUSTRY BULLETIN - CPM says global molybdenum supply deficits will grow in

in response to INDUSTRY BULLETIN - CPM says global molybdenum supply deficits will grow in 2009 and 2010 by AGORACOM

posted on Jul 10, 08 11:52AM

That's a pretty interesting article. I think that Mo prices are highly correlated to real supply/demand fundamentals. You'll no doubt see a rise in prices going forward. It really all comes down to econ 101.

Torch's time horizon will ensure that they are well positioned to really capitalize.

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