Argex Titanium Inc. ARGEF

Optimist

[T005L0W]

They have not filed for bankruptcy! What they have filed is a notice that they intend to make a proposal under part 3 of the bankruptcy act. This basically means, they will propose to modify the arrangements with its creditors to pay them of in an acceptable manner, which is generally over a longer period of time. By filing this notice, it gives the company time-out from its creditors. I do not understand the reason behind this move. One reason could be to protect the company from aggressive creditors. However, I believe that this is for the long-term benefit of the company and its current shareholders. There is no point releasing the NR on the ECEC deal if this current move is to screw all shareholders in some way. The trading halt and the de-listing review is only natural events of this last move until the company can clarify. I have owned this stock for about 10 years and have accumulated a fair share over the years. We have never been closer to large scale production and a huge brake through with this NR about ECEC. I was about to double my position, I guess I have to wait until this hurdle is clarified and cleared.

[skyyvodka]

I believe this is part of the plan with reverse split and more but I guess they could have been more forthcoming than the short NR. There are many warrants out as well as debt and this needs to be removed somehow. Otherwise financing wil be difficult. It could be a big dilution + reverse split and the company could start of fresh, we as shareholders might lose half or so but it would set the

[whatshappening]

I feel like everybody here is (rightfully) panicking a bit right now, it certainly came out of nowhere, but t00sl0w's post seems to make the most sense to me. It's important to note they did not file for bankruptcy outright; it seems like they are trying to buy more time to secure financing. They've faced a near death before, with much less in place for large scale production

[grandpa67]

Don't believe for a second he is re organizing. He is planning to bankrupt this so he and others can steal the tech. For all investors sake go to 8020///////

[Astrosmith]

There is definitely more to the story, and we are not done yet.  After this announcement, if they were cancelling the AGM they should have done it by now.  We will know a lot more soon. If the AGM goes ahead, it is fairly safe to assume this will keep trading publicly for some time, although it will take something very special to not get kicked off the TSX, we will likely be on a