Argex Titanium Inc. ARGEF

RE: NEWS Prepares for scoping study

[morricone]

I think that the key statement in this release is:

"Now we must choose from among the various proposed metallurgical processes the most efficient and economic technology available for the particulars of our deposit."

So contrary to previous discussions about the company abandoning one process and jumping to another, they have been evaluating multiple processes and no final decision has been made as to which is best for their situation. Everything is still on the table, still being looked at, and they continue to bring outside expertise in to help with the decisions.