Agoracom: Small Cap Investment - Torch River Resources Ltd. - Re: NEWS - Torch River Announces Potential High Grade Moly Zone at Red Bird

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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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NEWS - Torch River Announces Potential High Grade Moly Zone at Red Bird

AGORACOM-JEFFC

Nov 06, 2007 04:25AM

Re: NEWS - Torch River Announces Potential High Grade Moly Zone at Red Bird

Nifty50

Nov 06, 2007 06:07AM

Re: NEWS - Torch River Announces Potential High Grade Moly Zone at Red Bird

SusanS

Nov 06, 2007 06:09AM

AGORACOM-JEFFC

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Re: NEWS - Torch River Announces Potential High Grade Moly Zone at Red Bird

in response to

Re: NEWS - Torch River Announces Potential High Grade Moly Zone at Red Bird

SusanS

posted on Nov 06, 2007 06:27AM

Dear Shareholder,

The following response was provided by management:

A small mines permit can be changed in time to a full mine permit. The idea here would be to produce high grade to get a significant cash flow and use that cash for the process of developing a major mine. This is one of the reasons small mines permits were allowed.