Argex Titanium Inc. ARGEF

Eyes on the Prize

[Astrosmith]

I feel no sadness for my last buys being at 0.080/0.085. On the contrary, I will personally will continue to pick up more if those levels persist. 

Lets focus again on the most recent news: 

March 27, 2017 – Argex Titanium Inc. (TSX: RGX) (“Argex”) is pleased to announce that it has produced and published an updated corporate presentation. As a result of a number of opportunities that have been presented to the company over the past six months, Argex has shifted its business plan. The company is in advanced discussions with financial institutions, which are presenting non-dilutive project financing options, a partnership with a major producer for the re-engineering of an existing plant and licensing opportunities that could generate near term cash flow. Argex management expects that it can effectively manage the construction of multiple plants simultaneously.

There are many reasons no one is dumping at 0.075, and from what I can tell the 0.075 trades that are happening are automated or regulated trades. Not open market sales. Lots of buyers are wating for a dip that I do not think will happen for more than a few thousand shares. The new support is solid and there will be a lot of people wishing they didn't sit in line at 0.075 when this takes its next leg up.