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Gold/Mining/Energy : TITANIUM CORPORATION INC.- The Next Major Mining Play
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To: Bruce Robbins who wrote (277)9/12/2000 9:43:01 PM
From: rdww  Read Replies (1) of 343
 
QIT has not looked at the NRL sands project according to management. So if you have knowledge otherwise - let them know - they would love to go chase someone who breached thier property I'll bet. QIT is in biz only cause of some very cheap electric rates I think. They may have some great hard rock deposit that ranks beside Richards Bay in terms of
volume and profitablility - but they got a gift from Newfoundland/Que Hydro. You say you know deposits - which do you think is easier to 'mine' and refine? A hard rock that requires arc furnaces galore and blasting/drilling/crushing or a sands project that requires dredging and sifting for separation? How about a project that straddles major hydro + gas + shipping lines on a water tranportation route? Still not sure which one sounds better? Ah - then we had better get into the metallurgy! This is where they are at. They got one of the best guys you can get working his ass off to make a product that will knock off the socks of whichever major he presents it to. Reeves knows exactly what Dupont is looking for in a product. They can't monkey around with this guys and tell him the rock is short this or too much that - he knows EXACTLY what they do and don't need.
More later on your other posts. Summer is over and I did some research to get some answers and the kids are back in school! hang on.
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