last mails from management

From 30.08.2012:

"You must remember that Argex own half the chloride leach technology and now have the financial support of PPG because of that technology (and the potential to produce a high quality pigment product).

They are simplynow a technology company, not really a mining company

I expect they will source their raw Ti from various sources (not just their own La Mancha deposit).

If we had really positive things to say about our Ti/V project at this stage, we would obviously be saying something.

You can see we have little money and no serious chance of being able to fund the next stage of pilot development.

Speewah is not alone here - 47% of Canadian venture exchange shares are under 10 cents with less than $100,000 in the bank, I am to understand"


"We are obviously exploring a number of options, including the search for joint venture partners to fund studies.

Please assume that we are currently doing everything we reasonably can, under these circumstances, to try and restore value in the company.

If we get traction on that front, you will find out about it."