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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: China

China

posted on Aug 05, 2009 12:24PM

China is investing heavily into Canadian resources, just recently they are fnancing TCK, CLM, LBE and yesterday NI. Probably more but those are the ones that caught my attention. Bodes well for these plays, but it troubles me somewhat how aggressively this is coming about. It seems China is positioning itself for the coming world economic recovery and is on a spending spree. It appears they have an appetite for Canadian resources.

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