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To: Peter V who wrote (540)4/1/1999 12:40:00 PM
From: Bob Trocchi  Read Replies (1) | Respond to of 10293
 
Peter V...

>The study will update a prefeasibility assessment completed in 1998<<

Don't you just love the spin! Updating a prefeasability assessment. Wow. LOL. On the other hand these things keep the stock from really crashing.

Hmmm, they have kept it afloat for what is it 25 years. What makes us shorts believe they can't milk this thing for another 25 years. Damm, by then I will be 90 years old!!

Bob T.



To: Peter V who wrote (540)4/1/1999 1:05:00 PM
From: BDR  Read Replies (2) | Respond to of 10293
 
Re: ALTIF

In the press release are they talking about closure of titanium oxide mines or mines that produce elemental titanium?

<<particularly the closure of Beenup, an Australian mine scheduled for 600,000 tons of production, and the DuPont commitment to not develop its proposed mine in Georgia.>>

With regard to the metal:

titanium.net
Availability of titanium
Titanium is the fourth most abundant metal in the earths crust. Capacity for production substantially exceeds long term forecasts of demand. Product prices are low and stable. Titanium and rutile ore are both sourced in friendly countries with stable regimes, unlike nickel or chromium, and so the price of titanium has never been subject to crisis or political factors. The ready availability of titanium in a wide and ever increasing range of products forms has assured its growth as a basic general engineering material. Today a network of mills, stockists, machinists and fabricators ensure that the demands of design quality and speed of delivery can be met.