OTCPK:TITUF - Post by User
Post by
pyro6on Jan 26, 2004 11:09pm
205 Views
Post# 6956816
Potential Value
Potential ValueI sold my Newmont 2 weeks ago and am looking for another mineral play. Today's Edmonton Journal contains this quote;
"The plan calls for production of 200,000 to 300,000 tonnes of the minerals [titanium, zircon,& ilmenite] per year, fetching $100 to $400 US per tonne on growing global markets for them as ingredients for products ranging from elite bicycles and golf clubs to ceramic tiles, paint and jewelry."
Does anyone know how to calculate how these figures might affect the
eventual value of the stock? Sure looks cheap to me at $1.68 though
I know how quickly such stocks can drop to nothing. Thanks.