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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 February 15th, 2012

Breaking News ....

Lomiko (LMR: TSX-V) to Complete 43-101 Report on Previous Drilling at the Quatre Milles Graphite Property *CLIENT* Read More

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Strike Graphite goes "Beyond the Press Release"

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Message: U.S. Infrastructure Proposals Ring Glad Tidings For Molybdenum

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Re: they will survive

in response to Re: they will survive by mikewise
posted on Jan 02, 09 05:45AM

Well here was the annoucement that we were expecting.... I had a feeling that they would opt out of that payment. Raising 4 mill just wasn't an option in this environment. The good news is that they earned a 25% interest perhaps there will be further negotiations to gain additional interest with revised terms.

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