Bullboard - Stock Discussion Forum Argex Titanium Inc. ARGEF

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"Argex Titanium Inc is a Canadian company producing high-grade titanium dioxide (TiO2) pigment. The company has developed a chloride-based technology, which is environmentally sustainable. The white pigment produced by Argex is to be used in high-quality paints, plastics, specialty, and other applications."

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GREY:ARGEF - Post Discussion

Argex Titanium Inc. > ARE YOU SURE...??

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Post by SGordon on Jul 06, 2019 11:11pm

ARE YOU SURE...??

Hi,

I don't have read all the last report on pwc and I'm not the best to understand all the techinical english words...

BUT, are you (all here) sure about the ending of this story? Can it be a strategy from Argex (Mazen) in this situation for saving time or saving money and KEEP Argex (RGX) intact/alive with us (shareholders)??

Thanks for your time!

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Comment by Mininggeneral on Jul 06, 2019 11:56pm

Gordon, the report states that Mazen is going to form new company, inject 1.5 million and wipe out all the shareholders. It's over, unless there is a miracle for the shareholders. Kinda of like Kawhii Leonard going to the Clippers.

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Comment by Jonblow19 on Jul 07, 2019 12:05am

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Comment by Mininggeneral on Jul 07, 2019 12:08am

Jon, if Mazen gets approved to re-structure or Argex actually Bankrupts, shares are worthless. They will still stay in portfolio, need to de-register them if you don't want them to show up in your portfolio and use them for tax right off.

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Comment by Mininggeneral on Jul 07, 2019 12:12am

The reason, I bought another sht company years ago and it went bankrupt. Got in at 2 cents and was hoping for rebound and it never rebounded, like in this case.

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