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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: Re: Now What?
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Jul 15, 2009 11:50AM
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Jul 21, 2009 03:12PM
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Jul 22, 2009 10:44AM

Yes, serious dilution if they finance now, but I can't see it improving much for awhile. Maybe BWR would be interested in a JV, although Myra Falls is on care and maintenance for now thats where they were hoping to mill the ore if it turned out to be profitable. Although I would like to know the plan on how they are going to get the ore from Nahmint to Myra Falls. Anyways, this will be interesting to see how it all plays out.


Jul 23, 2009 09:30AM

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