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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: Question regarding current cash position

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Re: Question regarding current cash position

in response to Re: Question regarding current cash position by justone
posted on Oct 03, 08 07:54AM


Dear shareholder,

Thank you for your inquiry. Torch's financial position is adequate to carry the company into next year. We are also in the process of a financing with a company whose source of funds is mainly European. This financing should be completed within the next two months.

Regards,

AGORACOM Investor Relations




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