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Gold/Mining/Energy : TITANIUM CORPORATION INC.- The Next Major Mining Play -- Ignore unavailable to you. Want to Upgrade?

To: Bruce Robbins who wrote (270)	8/30/2000 11:58:59 AM
From: Winzer	Respond to of 343

Bruce, All good questions, I wish I had some of the answers. Maybe Chevy or rdww could help us out? Winzer

To: Bruce Robbins who wrote (270)	8/30/2000 4:15:28 PM
From: rdww	Read Replies (1) \| Respond to of 343

NAR put out some tonnage #'s in the last release based on 400+ vibra core holes. This gave a large tonnage. The deep holes that are set to start soon will confirm this and hopefully increase the size of the deposit. They do not have to drill on 25M centres like a hardrock Au deposit. This depsoit is continually shifting - what was 10% today at spot A and 1% at Spot B can reverse tomorrow. So they need to get an avg of the deposit. This new round of drilling should confirm the avg #'s they have and see if there is more at depth. As this is occurring - one of the best guys in the world IMO - is working on the metallurgy. Reeves is from Dupont (and not the mailrm) and the guy has done some pretty big things there. I may be putting the horse before the cart - but I'll bet that he didn't just sign on to get some extra director's fees. He's had a chance to go over the material and data to date and I have to assume he sees potential! The guy has some of the patents on the processing of titanium materials. NAR also has an ongoing exploration spec in NS that should drill in Sept I think. The recent PP added 2.6MM shrs to about 9MM out - so it stands at say 12MMFD. They will get $4.3MM in cash by my guesses - that's enough to keep them going I suspect for some time. The met work can't cost more than $1MM can it? A pilot plant is the next step that any resource company would take after that I suspect to make sure all is doable. The move to such a step would be BIG IMO again. I don't know what a pilot would cost. But if we're at this pt - then the biggies (funds) etc will take part and we'll certain to see someone fork up some $$. Whether a major would want to step in at this pt would be plausible. If the pilot works out - then you basically know that it's doable technically and then a feas report. Do I see a straight line rising every mth in the stock price. Naw - would be nice though. but It's a double ++ since I took note at a $1 (unusal for a resource stock these days) and I think that it's still good for north of $5-10 easily. Hope that helps - but it's just my 2 cents from the way things go and the NR's to date.