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?

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.

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