OTCPK:TITUF - Post by User
Post by
Zeitungon Nov 23, 2017 8:07am
104 Views
Post# 27017312
TIC Price
TIC PriceI have been wondering whether, in addition to Nelson's poor PR skills, if the TIC share price hasn't been affected by all the "end of the oil era" news we hear these days. In other words, if companies are bailing out of the oil sands, there will be nothing for TIC to process into lower carbon crude oil. However, even in that scenario, there are the legacy tailings to detoxify in order to diminish their methane off-gassing and governments are willing to pay for that with grants. If I understand correctly, that would mean years and years of feedstock to recover zirconium, titanium, REE and I guess residual bitumen. So, TIC should have value no matter what. Maybe it won't be in the froth treatment business, but maybe that doesn't matter.