Yes this one is certainly low key Triage. IMO it offers a very attractive risk versus reward with a low market cap and an attractive project at Paris. What originally attracted me to Torque was their announcement (approx, 12 months ago) where they had identified a geological target that closely resembles MCR's Cassini nickel discovery.
More recently I was encouraged when Andrew Woskett joined the Board - he has an excellent reputation and was the MD of Minotaur and Demetallica (Demetallica was a copper company taken over by A1M). Andrew and the Minotaur team added significant value for Minotaur shareholders, firstly by selling Minotaur's share of the Great White Kaolin Project to ADN and then be demerging Minotaur's base metal assets into Demetallica, which was then taken over by A1M. Minotaur had significant exploration success over the years and found the Jericho Copper deposit which A1M wanted (hence the takeover).
Hopefully Woskett can add value at TOR like he did at Minotaur. IMO the other TOR Board members are also well accomplished.
GLTA & DYOR
TOR Price at posting:
13.5¢ Sentiment: Buy Disclosure: Held
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