Re: Magpie’s proprietary hydrometallurgical process; OT example
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Message: Magpie’s proprietary hydrometallurgical process
TITANIUM CORP STOCK SOARS ON RUMOURS OF IMMINENT CONTRACT
INVESTING | 29.08.14
The Calgary-based company has a proprietary process for recovering bitumen, solvent and heavy minerals from oil sands tailings. An endorsement from former Blackberry CEO Jim Balsillie sent the small-cap stock soaring over the past few months.
Titanium Corporation [TSXV:TIC] is a Calgary-based environmental technology company with a proprietary process which recovers bitumen, solvent and valuable heavy metals from oil sands tailings. The company has completed successful test-pilots at Syncrude, Suncor and Canadian Natural Resources Limited.
The company received a compelling endorsement from former Blackberry CEO Jim Balsillie during a Vancouver conference last spring, causing the stock price to almost triple. More recently, the company is rumoured to be on the verge of landing a contract with one of the major oil sands miners which would see the installation of full scale recovery plant within the next 2 to 3 years.
Titanium Corporation stock has gained almost 13% this week and 25% in the past month. The stock has more than tripled from the same time last year.
http://www.oilsandsmagazine.com/titanium-corporation-stock-soars-on-rumours-of-impending-contract-with-major-oil-sands-miner/
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