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: Now What?

Now What?

posted on Jul 15, 2009 11:50AM

Now it seems we are between a rock and a hard place, what to do? Do a pp at .03 or whatever and initiate a drill program or wait. Looking over the tech reports, most of the property has been sampled and trenched and geod, so I guess they can look for new mineralized zones and continue with more surface analysis or take the plunge. I don't know, what do you think? Someone mentioned they should drill at any cost and I'm starting to think that maybe they should. Tough call.

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