Argex Titanium Inc. ARGEF

RE: care to explain current SP?

[morricone]

"the 43-101 was great"

Huh? Yes, the numbers by themselves were great, but it was a big disappointment compared to what the company had been promising with no official explanation from them on the discrepancy between the historical numbers the company had been promoting and the sharply reduced 43-101.

Then the CEO got demoted and replaced. I think he's now in charge of stationery supplies or something. No explanation from the company on that although presumably related to the 43-101 discrepancy and maybe the conference call fiasco didn't help.

It also doesn't help that outside of the 43-101 the company has failed to deliver any of the expected news releases.  eg the metallurgical testing being done by PRO. Phase I results were released in early Feb. We were told Phase II was almost complete at that time and shortly later Phase III was started but in 5 months not a peep on any more results.  Are there problems? The uncertainty isn't good and is killing the stock price.

There's been no explanation of what the status is on anything other than it appears that everything is just sliding right out.  And so the stock price will just keep sliding right down.

The oft mentioned issue of shorting being responsible for driving the price down is total bullsh*t.  For reasons mentioned above it's the lack of information and uncertainty which is killing us. Pigs can't fly and right now this company is just a smelly pig everyone is running away from.