A bit of a contrarian view?Hey everyone, I have been monitoring this forum for a few years since I bought into Titanium. There isn't alot of reasonable info out there, so the conversations have been interesting to follow, if for no other reason than to know that others are following this stock closely as well. i am not a sophisticated investor, I tend to invest in things that make sense to me and souind like practical solutions to serious problems. Let's just say they don't all work out.....
Anyway, I have discussed this company with some people who know more about the oilsands biz than I. The biggest criticism I have heard has been that Titanium is going to be seriously hindered by the fact that Syncrude and Shell have committed to centrifuging their tailings with Newalta, and Suncor is probably next. Anyone else aware of this? I can't really find anything to verify or disprove this.
The other thing is that unless someone is a day trader in this stock, all this daily fluctuation and recent run-up is kinda meaningless without either a contract or other licensing agreement. Without this, the company is worth no more than it's patents, which may still be worth something but I'm not sure big oil is going to be desperate to get them with all the other options open to them (ie. centrifuging).
Any thoughts? I want to remain a believer, but now that I am back in the black on this, I'm thinking it might be time to cut and run.