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Bullboard - Stock Discussion Forum Argex Titanium Inc. ARGEF

"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 Discussion

Argex Titanium Inc. > Response from Carroll Moore!
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Post by billr861 on Mar 13, 2019 5:01am

Response from Carroll Moore!

"We believe you are referencing the press release dated: MONTREAL, Qubec – July 3, 2018. In response to your questions: The plan is still to build a 5,000 tonne/year Tech Center in Bcancour. There has been no change since the press release. Carroll Moore, COO Argex"

  Unfortunately, he's wrong. July 3 release is about filing for the patent in the US and says nothing about  Becancour so the release is still missing in action...it's just not there anymore and someone knows why. But Mr Moore did confirm that at the PRESENT time there has been no change in the plan to build the tech center....we will see what develops by April 1st, things might change then since it will no longer be.......the present!
   Of course the bigger issue at stake here was always the big plant, not the little one and I didn't ask directly about it but I'm sure the response would have been the same, confirmation of plans to build it.......but if they don't have any real estate to build it on, then...well....uh huh. I still think something has changed and we'll find out more after this Viet deal gets done.
   I did check every press release from all of June and July on the off chance he simply wrote down the wrong date.....nope, it's  gone gone gone.
    But it was nice of him to address the issue. It's not too often we hear from one of the big dogs directly, so thank you Mr Moore! Too bad he couldn't find the press release either.
Comment by Ontario1 on Mar 13, 2019 8:40am
What is your problem? The Tech Center is being built and that's good.
Comment by moonlight1 on Mar 13, 2019 8:55am
Is there a timeline for the tech center? I believe construction was supposed to start early 2019? Appears all these plans may be tied into the JV with Vietnam and nothing is coming out until that is released...........
Comment by Operateur on Mar 13, 2019 9:13am
A corporate update would be welcome these past times to put all the clocks back on time for all... Yes they did a great job For sure but the relationship to the loyal investors (US) leaves to be desired these times.... Hurry that everythings place because there it stretches more and more... Do they sign this joint venture or not... This is the beginning of the story that will begin to be written ...more  
Comment by TomKCam on Mar 13, 2019 9:33am
Hi billr861, I think you are wrong about the news you are looking for. Firstly, Argex cannot make disappear a news release. Yes, from its website, but not from the news wire it was disseminated to. Since, they know this, they would not removed it from the website. You can go have a look at the usuals newswire : https://www.fscwire.com/, https://www.accesswire.com/newsroom ...more  
Comment by billr861 on Mar 13, 2019 1:26pm
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 ...more  
Comment by Ontario1 on Mar 13, 2019 1:33pm
I why you can't wait tilll the end march? Do you believe with this endless discussion the share price will go up or what is your intention?  Do you really mean acceswire or fscwire will cancel NR?? 
Comment by moonlight1 on Mar 13, 2019 1:47pm
It would be helpful if Argex would clarify their positon on the tech plant again, as there is a lot of confusion on it's future and expected start time. There is no reason this news should affect the JV in Vietnam at all, but they are choosing a news blackout which of course, with this confusion and delays, leads to a disintegration of confidence and run on the stock. Traders sensing this ...more  
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