Report On Mining (Argex Mining)
Summary:
With a 40 billion dollar deposit in the ground, Argex
Mining is well positioned to move into production with
an impressive and tremendous upside potential. Mr.
Dehn describes the management team by saying, “This
is not an illustrious brand name group; nobody is going
to be enamoured enough to buy the stock based on the
team, what counts here is the resource we have and
that should be the focus.” Despite stock prices rising,
no insiders had sold for some time.
Mr. Dehn suggested that Argex management would
likely be buyers going forward as they were all expecting
great things. He went on to say, “We are not a rich
management team, more like the working class heroes
of the mining industry.”
Mr. Dehn summarized and articulated his vision for
Argex in the not too distant future, “Every pension
fund in Canada will own this company. Once we are
in production it will be almost like having a license to
print money with the dividends this asset is going to
produce.” Considering the size and potential of the
asset, and as the only TiO2 play in North America, it is
not difficult to see his point.
https://www.reportonmining.com/ReportOnMiningSpring2011.pdf
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