Quite agree, Hots. It's a wise use of a small portion of Titan's substantial cash reserves IMHO and the ore prospects sound very good.
Securing the company's longer term ore reserves is a sensible priority and with their active exploration schedule and the prospect of moving rapidly to production phase at relatively low cost, the future for this company looks very healthy.
As you say, BioHeap would be the cream on the cake and I don't think it has been factored in by the market as yet. This one's P/E ratio will be continually revalued by the market as its prospects are better understood and particularly if BioHeap renders its huge lower grade resources viable.
Chart is pretty exciting too, with the possibility of a run to .54 cents before major resistance. No doubt there will be pull-backs along the way but - barring unforeseen incidents - there's no mistaking recent chart direction. I hold.
Good luck.
Gupper
TIR
titan resources limited
