GREY:ARGEF - Post by User
Post by
juanito1on Jun 09, 2011 10:47am
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Post# 18692959
sopot/warrants
sopot/warrantsCorrect you are...it is so long since I traded those from institution to institution...yes Sopot...I agree...could have been a stronger conference call, but it could of been weaker as well...What i got out of it was the tiO2 comments from the gentleman that studies the market of TiO2....he really put it in perpective when he said each gallon of paint has $3 of TiO2 in it....Would I really care if in five years if a gallon of paint was $36 from $33 today??? Not on your life.
He was a wealth of info>
Forget the takeover talk really until the scoping study is done at least...but do due dilly instead....I have spoken to three main purchasers for TiO2 in North America...and I simply can tell you>>>it is the first time in Ten years that their short and curlys are in a ringer because of price escallation from the like of Dupont and supply constraints. What an incredible price advantage they could have on their competitors if they were vertically integrated...I estimate some paint companies could save $250 million a year for 50 years...by owning Argex