Argex Titanium Inc. ARGEF

RE: Buyers

[canada7]

Great posts. We may be too early to discuss, remember that early this year, people still asked about the metallurgy and whether it will ever work. I always thought RGX buy out will happen only after the production of the pilot plant or the first module has started. Because right now, RGX is just a potential threat or opportunity for those people who may be interested in acquiring RGX, and it is not a threat or opportunity yet as RGX still does not have 43-101 and the scoping study. But we know the drilling results are out, and even if 43-101 person take an extremely conservative estimate, it will be at least 10 years of commercial production, or 30M tonnes. Furthermore, judging from the recent results, I actually expect at least 100M tonnes or more in the ground if more drilling is done. We also know the scoping study will be positive, just do not know how positive it will be. Minimum at least 50% profit.
Anyway, the issue is whether other companies, such as Dupont, paint companies, other miners, and paper companies will be interested in acquiring RGX this year without seeing whether the pilot plant will work.... If paint companies can process the RGX's high purity TiO2 with minimum processing, Dupont may have to buy RGX. But the issue is whether they should do it this year?