GREY:ARGEF - Post by User
Comment by
canada7on Jan 15, 2011 9:35am
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Post# 17977305
RE: RE: Iceman
RE: RE: Iceman
I think RGX has a good chance to reach $50 to $80 if it is allowed to be independent. However, RGX may be acquired by other companies when it starts to produce titanium oxide and vanadium at the lowest possible cost in the world. I really doubt that other majors including Dupont, BHP, or even a paint company will let RGX to be independent, as RGX will carry 1/3 of world supply of titanium oxide at the lowest production cost. If RGX can produce titanium metal, the value will become double again as RGX will carry two strategic metals for many countries (titanium for aerospace, and vanadium for battery).