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Gold/Mining/Energy : TITANIUM CORPORATION INC.- The Next Major Mining Play
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To: rdww who wrote (302)10/12/2000 6:52:14 AM
From: Winzer  Read Replies (1) of 343
 
Cobblestones sounds like an excellent future potential for TiO.

I caught a show on airplane design and especially engine design on the Discovery channel recently. The design on the engines depend heavily on titanium for the blades (and other components I would imagine). The testing of the dead chickens was particularly gruesome. Point being the mainstay of the engineered uses for Titanium remains boundless with the travel industry expected to expand with all the baby boomers looking to spend all their RRSP's, etc.

Anyway back on SYSCO watch, while the last bit of news suggested that 86% accepted the severance package offered by Lufterco (sp?) and/or the province, there were some protesters holding out for the inclusion of their severance package being rolled into their retirement package. Don't quote me on this; but that is what I thought that I saw on the printed TV news this AM. My understanding is that in Canada, when a person gets a severance there is an allowance per yer (?$1,500) and another (?$2,000) per year for every year before (1989?). Thus what is not transferable into the RRSP has to be taken as income ( hence becomes taxable). Thus the protest. They want some special dispensation (I guess) to have this difference included in their RRSP's (IRA - for the US readers).

Anyone know when we can expect results of the drilling from either property? i.e. Shubie or Lochaber

Winzer
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