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Northstar Signs MOU to Mine High Grade Zone 2 at Cam Copper Mine (click to learn more)
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Argex Titanium Inc. ARGEF

Chemicals Basic Materials
"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."


GREY:ARGEF - Post by User

Argex Titanium Inc. > AGM
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Comment by Mininggeneralon Jun 26, 2019 1:58pm
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Post# 29865983

RE:RE:AGM

RE:RE:AGMTom, I think you don't understand what bankruptcy is. Argex has no more money to satisfy their debtors, so this is the first phase in starting the bankruptcy proceedings. If Mazen wants to salvage what's left of Argex he needs to re-structure to satisfy the demands of the creditors. If the creditors don't agree to his proposal then the company will be bankrupt. If they do agree, then Mazen will own the new lean company and shareholders are done. If I was a creditor and owed $100,000, I might even take $5,000 because something is better than nothing. I'm sure there will be holdouts, but majority will rule.
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