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13.0¢ torque metals limited..

TOR - Gold Discussion, page-37

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ccc123

1,203 Posts.

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14/05/24

16:40

Post #: 73819839
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Originally posted by Samscout ↑

Excellent picku@triage

Your post prompted me to take a closer look at Paris. For some reason the company stopped reporting on the outline of the pit throughout 2023 which is a shame as it looks to have a lot of potential.

This is a long section from September 2022. There have been further discoveries since then but as you can see there seems to be a definite mineralised structure from the base of the Paris pit (left side of the diagram) where I assume most of the 32,700 ounce resource is.

Given the grade of that resource of 3.24g/t which is very high for an open pit, it shouldn't be too hard to clear $1000 an ounce from it valuing the resource at circa $32 million. That resource however appears to sit on top of what looks like a very promising mineralised structure of high grade ore. One of many mineralised structures that TOR seem to own.

These guys need to focus however on just this one for the time being as it looks very economical and promising given how shallow the drilling has been to date.

GLTA/IMHO

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There’s a more current version of this long section from the 23 Feb 2023 announcement. Look at these beautiful intersections:

TOR Price at posting: 17.0¢ Sentiment: Buy Disclosure: Held
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Last 13.0¢		Change -0.005(3.70%)		Mkt cap ! $24.43M

Open	High	Low	Value	Volume
13.0¢	13.0¢	12.5¢	$38.21K	305.3K

Buyers (Bids)

No.	Vol.	Price($)
5	108368	12.0¢

Sellers (Offers)

Price($)	Vol.	No.
13.0¢	5998	1

View Market Depth

No.	Vol.	Price($)
5	108368	0.120
5	178494	0.115
3	45380	0.110
1	9500	0.105
2	46000	0.100

Price($)	Vol.	No.
0.130	5998	1
0.135	66604	3
0.145	5555	1
0.155	50000	1
0.170	23333	1

Last trade - 15.57pm 30/07/2024 (20 minute delay)

TOR (ASX) Chart

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