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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. > Reports of the Trustee
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Comment by Mininggeneralon Jul 20, 2019 1:43pm
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Post# 29943024

RE:RE:RE:RE:RE:RE:RE:Reports of the Trustee

RE:RE:RE:RE:RE:RE:RE:Reports of the TrusteeFoot, when it goes to auction, the highest bidder takes it as long, as creditors agree and new company is formed. The only way this will benefit shareholders if the bid goes way over 4.8 mill. Currently, Mazen's bid is way less than 1.5 mill because in his filing part of that is operating expenses. Since it has gone to bankruptcy proceeding, don't think it will reverse now. Mazen probably took a chance the bids out there won't be higher than his, devil got to him.
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