Argex Titanium Inc. ARGEF

RE:RE:Response from Carroll Moore!

[billr861]

Are myself and Operateur the only ones who remember this news release? It ended with the announcement that the tech center would not start construction until  Jan 2020 and was a letter of intent to get property at Becancour to build both the small and big plants. The release of July 3 does MENTION Becancour,but so do many other releases, but only one goes into many pages of information about Becancour and talk about a LOI and end with that statement about delaying the tech center until Jan 2020. I don't see it at Argex or Sedar and those news sites have a limited number of releases, there are many more at both Argex and Sedar.
   The share price falling is directly tied to this issue. Look at what's happened the last 3 months. The co. claims to STILL be trying to find financing for the tech center, Mr Moore all but confirmed that by saying nothing has changed....so we must assume that  after 9 months of trying to find financing, the co. has been turned down multiple times since it doesn't take more than typically 3 months to get financing, or at least an answer from  a bank about  getting a loan so after 9  months I'd say we've been turned down multiple times. UNLESS.....UNLESS we are no longer trying to find that financing, which is what I believe is the case but the company is keeping everyone in the dark about it. So WHY would they stop looking? It's because they no longer plan to build  the tech center....OR the big plant, at least not until some years from now at the earliest because the plan going forward is for JV's and NOT take on debt. But the way it looks to the market is the financing has failed AND we've missed TWO deadlines for completing the Viet deal. That's 3 recent failures and investors tend to bail when there are too many failures regardless if the future still  looks bright, they want results and not delays. That's why the share price is falling, people are bailing, they wanted results and got delays and failures of financing. THAT is why I TRIED to get the company to admit that they've changed course and stopped seeking financing, probably last October, in favor of building a plant in Vietnam and plan MORE JV's in the future instead of building our own plants since that way we don't take on any debt. Deleting that LOI announcent because it's  no longer valid in terms of the company plan would then make sense, as would the failure to secure financing since they aren't looking for it anymore.
   That's what I believe is happening and if the company will admit it, if it's true, it will help right the ship by explaining why no financing has been secured and that a new debt free plan to build the company is now in place.  This would be a much better plan than the original to build our own and I believe would be met with welcome by the markets and help stop the near freefall the share price seems to be headed in.
   I'm not crazy and there WAS an announcement. Where it went, I do not know. But it's deletion IS important evidence that the plan has changed and Becancour is no longer relevant to the company's near or medium term future.
  Maybe  someone else has a better eplanation for why the share price is falling when we appear to be on the cusp of greatness? When you have bigger than avg numbers traded and the price is falling, there's a reason.....the apparent financing failure and delays fit the ticket.