(TXR) Floated last August at 47p
20% up on that by year end. A nice steady chart.
Quickening in the past fortnight putting on a further 7%.

Check out the company's website at www.titaniumresources.com
In particular have a read of the Press Releases page, which lays out the whole story very clearly.

The company's mission is to revive what was previously the world's biggest established good quality source for titanium dioxide, demand for which is running well ahead of available supplies. The facility was mothballed during troubles in Sierra Leone in the 90s. Previously it provided 25% of the world's supply of titanium dioxide. The country is now on the mend, with the European Union among several official lenders helping to get the economy moving again and pumping money into this key project. The resource is expected to be productive for 20 years. The company has its own port facility and its own power station. The whole infrastructure is in place, and so are the customers. It looks to be a class act. Production is on track to restart within the next 10 weeks. The group will also be producing premium grade metallurgical bauxite, the primary feedstock used to produce aluminium, their entire annual output of which is already sold.

I very rarely take an interest in mining and raw material stocks, but this one appeals to me, being an already well proven facility with a ready market. Market capitalisation is around 125million. AIM-listed. I would welcome observations and comments please.


For worldwide news on titanium markets see Titanium News

Do the MoneyAM BBs have any contributors skilled at analysing the prospects of mineral resource companies? It would be useful to have some knowledgable views on this one. I've upped my own stake this morning on the assumption that a press release within the next few weeks (confirming the restart of production) is likely to draw media and analyst attention.

Trading volumes this month (though still low) are at a stronger base level than in any previous month. I am guessing they might average in excess of 200k per day by the second half of January.

Progress report out this morning (see website). Picked up in some papers.

s
seems i did miss one:-)
have to be fair, i really think this one looks very genuine.
regards
jkd

Hey chaps,
I bought this a few days ago having read the settlement with Zurich. I am up 53% on it now. There have been 2 days good growth, but it has now stalled, and i am up 2% only today. Is it time to sell? Thoughts please?

(http://www.londonstockexchange.com/LSECWS/IFSPages/MarketNewsPopup.aspx?id=888803&source=NEWS)