Argex Titanium Inc. ARGEF

Ace in the hole

[kenmar]

 I'm watching with interest to see how the titanium and iron part of this story pan out. The Aussies are talking tax increase for mining ventures in what has been described as a way to skim a bit more from the Chinese. The Chinese are scouring the globe for resources but have had a readily available and local base for their needs in Australia.  They may increase their efforts away from Australia if they don't like the new measures. This could bode well for this companies efforts since they seem to be interested in getting things going and quick. 

  Apart from any aforementioned hassles in establishing a foothold in the Titanium marketplace,  the pretty significant iron grades they're finding should put them (and us) in a good place. I was interested in buying in after seeing what grades of vanadium they were pulling out and believe that if everything else was put on hold that a drive towards securing this mineral would see investors taking notice of Argex. One need only look to some of the other notable vanadium ventures to see that Argex compares quite well and in my opinion surpasses some of the other deposits. Now we just need the world to see what vanadium enhanced things will do for us. As for the challenges of fitting in to the exclusive club that is the Titanium market, 3 plus billion people in and around Asia might shake things up as we go along.