Highly prospective exploration company

Resource projects cover more than 1,713 km2 in three provinces at various stages, including the following: hematite magnetite iron formations, titaniferous magnetite & hematite, nickel/copper/PGM, chromite, Volcanogenic Massive and gold.

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Message: Re: news yahoo finance
5
Jul 18, 2013 09:33AM

Really? really?? WTF??: "gross proceeds of C$2.1 million from the sale of 3 million shares of Argex Titanium Inc. (TSX VENTURE:RGX) to four arm's length purchasers. "

Closing Price of Argex yesterday was $1.14!! If someone wanted 3 million shares on the open market they likely would of had to pay much more, given the projected SP of at least twice it's current SP.

So our esteemed management just sold our shares at 70% of their market value??? Please tell me there is a typo in the news release!

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