Argex Titanium Inc. ARGEF

Waiting

[canada7]

After thepublishing the Euro Pacific report, I felt that there is much less need topost. Basically, the report, independently developed, tells almost everythingabout RGX. Thus, any one likes to know Argex, they should study the report verycarefully.The Euro Pacific has tworeports, one on RGX, and the other on TiO2. Any one invested in RGX should readboth, hopefully the first one multiple times very carefully. I spent oneweekend studied it.


Also, I didmy own independent DD on some of items mentioned in the Euro Pacific report,most of my DD was done before the release of the report, and my DD conclusionsare consistent with the report. The most important DD I have done at this stageis posted at
https://www.stockhouse.com/Bullboards/MessageDetail.aspx?s=RGX&t=LIST&m=30037368&l=0&pd=0&r=0


The post wasimportant because I did a thorough DD on other TiO2 companies including thosechemical companies and resource companies, and even looked at their productspecifications. Also, that report basically refutes some of basher’s argumentsabout economics, metallurgy, and pigments of RGX. It is more technical, but ifany one who reads itcarefully will knowwhy RGX is in a sweet spot (different from other TiO2 resource companies). WhileRGX is not a chemical company, but it can reap the same benefits of TiO2chemical companies. Note that most of data in the report came from publicinformation of other companies, and you should do your own DD by following thelinks to verify correctness of the information. Also, noted that RGX is workingwith their end users to ensure entry into the end user market. These are of coursevery positive for RGX.


As for therelease of PRs, I originally thought we should be getting PRs two weeks ago,and then last week. But unfortunately, we did not. So, I expect the release ofPRs in the next two weeks, followed by some more in the first 2 to 3 weeks inOctober.I know releasing a PR takes alot of time and preparation, and thus I do not see how RGX management canrelease 4 to 5 PRs in the next 2 weeks.


According tothe promises in the RGX most recent presentation, I expect news on mini plantsfirst, followed by CTL agreement. Then the PEA. And in between, we might beable to see some news on the M project.I re-read the PEA in the presentation multiple times, it really involvesa lot of work.


Also,Morricone is right, MD’s promises and interviews are indeed outdated as he isno longer the man in charge. We need to look what Roy will say, but he runs ina silent mode. But this is the right way. Fortunately, the Euro Pacific reporttells a lot about RGX. The report is so rich in content that people need tospend at least 3 days to understand all the details.


Juanito1 is alsoright, we should see RGX making new highs around $2 (at least $1.50) soon, Iwould say within one month from technical point of view. Of course, we know,technical analysis is probability, so it is not guaranteed, but with highprobability this is going to be true. Also, we may see days where millions ofshares will be traded soon when RGX trades above $1.


Also, afterthe PEA, the most important news will be related to those end user agreements.I have no idea when they will come, but if they come, this will signal that RGXshould be valued even higher.


By the timewhen RGX is ready to produce, RGX should be valued at least 10% of mineralvalue due to its exceptional high margin (close to 82%), and that shouldtranslate into double digits for RGX shares.


I alsostudied ADV another iron company recently. If the M project can command thesame valuation as the ADV 2 to 4 years later, some may consider that RGX is practicallyFREE now.


Also, I donot think any companies will take over RGX until at least 2013 or 2014, and RGXwill not take over VDO. Not taking over VDO is the only conclusion I disagreewith the Euro Pacific report. Of course, these are my own speculation only as RGXmanagement runs in a silent mode, that is they do not talk about these at all.Thus, I could be wrong. If I am wrong, or some likes to take over RGX beforethe end of 2013, the price tag should be at least $10, most likely $20 or more.