Bullboard - Stock Discussion Forum Argex Titanium Inc. ARGEF

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"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."

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GREY:ARGEF - Post Discussion

Argex Titanium Inc. > Mazen Haddad

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Post by Ontario1 on Feb 26, 2019 11:43am

Mazen Haddad

Absolutely right.

Mazen Haddad is an indicator for my Argex investement since years.

He has saved the company in the darkest days after the disaster with Roy Bonell & Co. and he was investing again and again, if some cash was needed.

GLTA
Ontario1

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Comment by Unicorn9000 on Feb 26, 2019 11:51am

he has a salary with the company, correct? isn't it a wash? I am asking because I don't know.

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Comment by Ontario1 on Feb 26, 2019 12:23pm

What they get are shares or options, but no cash since years. Correct me it I'm wrong.

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Comment by SGordon on Feb 26, 2019 12:31pm

True!!

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Comment by billr861 on Feb 26, 2019 1:05pm

Ontario is correct, Al Naimi got 25M warrants, Ghali got 10M, the rest of the directors split 13.25M warrants as pay for the year ending Aug 2019.

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Comment by Operateur on Feb 26, 2019 1:12pm

Right they get stock and options so it doesn't take a big hike to get into their investment.... Then!!!

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Comment by sim_1 on Feb 26, 2019 1:36pm

Not exactly correct. Yes with every PP they get warrants that they could exercise at some point in the future - which makes it a much better option than investing in the public market, however they do have to pour in actual money in the first place - and they did in millions. If the company goes nowhere they stand to lose it all, so even if they are getting options it wouldnt make any sense to ...more

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