Temas Owns Former Argex Titanium Assets
The La Blache and Lac Brûlé titanium projects of NIA's brand-new #2 favorite overall stock suggestion, Temas Resources (CSE: TMAS), were previously owned and advanced by Argex Mining, which later changed its name to Argex Titanium.
Argex went public in August 2008 at $0.10 per share and by December 2012 had climbed to $1.45 per share, reaching a market capitalization of approximately CAD$160 million.
Not only does TMAS now own both of these flagship projects, but it has also acquired 100% of ORF Technologies, whose patented Regenerative Chloride Leach (RCL) technology traces its roots to Process Research ORTECH, the same metallurgical research organization that worked with Argex to develop an innovative chloride-based titanium extraction process. TMAS's patent portfolio extends well beyond titanium and includes technologies applicable to the processing of gold, nickel, rare earth elements, platinum group metals, and other critical minerals.
Argex's strategy was to finance and build a fully integrated commercial titanium dioxide pigment plant, requiring hundreds of millions of dollars of capital before generating meaningful revenue. After taking on expensive convertible debt and struggling to secure financing for its first commercial-scale facility, the company ultimately entered insolvency before ever reaching commercial production.
Temas has adopted a different strategy. Rather than relying solely on constructing a massive titanium dioxide plant, TMAS is advancing the La Blache and Lac Brûlé projects while also pursuing opportunities to commercialize and potentially license its RCL processing technology across multiple commodities and third-party projects. This diversified approach could create additional value beyond the company's own mining assets while reducing dependence on a single large capital project.
TMAS has been re-assaying historical drill core and identifying additional critical minerals, including gallium and scandium, that were not previously highlighted as potential contributors to the project's value. By combining a polymetallic critical minerals strategy with technology that can potentially be applied to multiple commodities, Temas is attempting to create value from several different avenues rather than relying solely on the construction of a single large titanium dioxide plant.
Ultimately, we made Saga Metals (TSXV: SAGA) our #1 favorite overall stock suggestion because the Radar Titanium Project is a brand-new discovery where they have hit on 61 out of 61 drill holes and SAGA will soon close on the acquisition of the Wolverine Heavy Rare Earth Project, located 12 km from tidewater with 26 square km of exposed mineralized tuff at surface, of which less than 10% has been drill tested, but drilling has been very successful.
We believe SAGA and TMAS are the two most out of favor stocks with the most upside potential out of all stocks in the entire market.
Maybe Celtic plc (LSE: CCP) or CLTFF on the U.S. OTC is the safest play in the market fundamentally because they are generating significant revenue and profits and could see a significant upward revaluation if they achieve a potential $100 million in player sales between now and September 3rd… but Celtic is unlikely to become a short-term 10-bagger. It will likely make more of a slow and steady upward move until it is eventually acquired for billions.
Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. NIA has received compensation from SAGA of US$100,000 cash for a twelve-month marketing contract. NIA has received compensation from TMAS of US$75,000 cash for a six-month marketing contract. NIA’s President has purchased 75,000 shares of CCP and intends to buy more shares. This message is for informational and educational purposes only and does not provide investment advice.