Topic: How To Invest

Pat: Could you give me an analysis of Titanium Corp.? I am thinking of investing in it in my aggressive portfolio.

Article Excerpt

Titanium Corp., $1.65, symbol TIC on Toronto (Shares outstanding: 63.9 million; Market cap: $96.1 million; www.titaniumcorporation.com) is a Canadian company that develops technology it hopes will recover bitumen and solvents, as well as heavy metals, from the tailings of oil sands mining operations near Fort McMurray, Alberta. Oil sands tailings contain not only unrecovered bitumen (a thick tar-like form of oil), but also concentrations of titanium and zircon. Titanium is a light, strong, corrosion-resistant metal that is used in strong, lightweight alloys (these alloys are often used in aircraft parts, for example). Zircon is a by-product of titanium processing. It has a variety of uses, including glazing on ceramic tiles. It is also used in glass television screens. On May 30, 2011, Titanium Corp. held cash of $13.1 million or $0.21 a share. It is using this cash to continue its research and test its process. The company also receives Canadian government grants to conduct its research. Earlier this year,…