Argex Titanium Inc. ARGEF

AGM

[Mininggeneral]

The AGM was only days away from Argex declaring bankruptcy. If Mazen really wanted to work with the shareholders, why wouldn't he just put forth a proposal instead of doing this on June 18-Stockwatch-Argex files for bankruptcy. If I only had a chance to meet Mazen, the first thing, I would want to ask him, when did you decide to declare bankruptcy?

[TomKCam]

Minninggeneral, I am a bit confused by your statement. It seems you do not understand the basic fact : Argex is not filling for bankruptcy ; Argex is restructuring the debt, by making a proposal (under a Trustee) to the creditors. Like a poster said, it is all gossip until the next news. But at least, keep straigth and factual what we know. GLTA, Tom  

[Mininggeneral]

Tom, 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

[Horn1369]

What if the Chinese company pays Argex $10 million for tech licensing, that would satisfy the creditors?

[Moonlightsearch]

That would be nice....keep thinking positive! 

[Mininggeneral]

Horn, I would like to believe you, but in all these years Argex has never gotten any clash flow for their technology. China has stopped all pork products, canola from Canada. China will not work, especially government with Canada until we free Meng. When do you think Meng will be released?

[TrueCanuck1]

Only when Trudeau has the b_lls to do so.