Argex Titanium Inc. ARGEF

Chemicals Basic Materials

"Argex Titanium Inc is a Canadian company producing high-grade titanium dioxide (TiO2) pigment. The company has developed a chloride-based technology, which is environmentally sustainable. The white pigment produced by Argex is to be used in high-quality paints, plastics, specialty, and other applications."

GREY:ARGEF - Post by User

Argex Titanium Inc.

Bullboard Posts

Comment by allinenergy2on Jun 11, 2015 9:15am

103 Views

Post# 23819411

RE:RE:25% down

This, in my opinion, is not whether management cares about shareholders, I believe they do.

Thing is, the measures they are taking now, due to their inability in executing the financing, should have been put in place 12 months ago.

It's a bit late isn't it? How much money did they burn through over the past year that could've been saved would they have cut costs same time last y ear?

Hopefully things work out, but seeing they weren't able to raise funds at these low prices isn't encouraging in my opinion. Good luck to all here.

Geologist2 - (6/11/2015 8:46:56 AM)
RE:25% down
Bad news? I think this news is way better than the last release. It also shows that management cares about the shareholders since they decided to cancle the horrible share dilution. salary cuts, laying off staff, possibly selling mining properties and licensing their technology sound very good to me in the current situation.