Welcome to the Torch River Resource Hub on AGORACOM

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: INTERVIEW – TORCH River CEO discusses the best drill hole to date on Red Bird Property

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Re: buying on dips

in response to Re: buying on dips by SusanS

posted on Oct 17, 08 06:05AM

They still need to further prove the resource. Further drilling will hopefully lead to a reclassification of the exisiting resource i.e. moving the inferred resource to indicated. From there they will be able to get the pre feas then definitive and that would be bankable!

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