overdue revaluation underway

At long last buyers seem to be waking up to TIR's undervaluation relative to competitors. I have argued in recent weeks (including yesterday in a post that disappeared) that Titan currently represents the best value in nickel stocks for the following reasons:

1) its market cap prior to yesterday's run was recently calculated by respected mining analyst, Warwick Grigor of Far East Capital, at only around 22c/lb of reserves (compare that with the many others valued in dollars/lb)

2) Titan has vast cash reserves, greatly reducing the prospect of share dilution (which hot stocks like WSA and VRE will surely need in their long development phases)

3) Titan has invested heavily in a new technology called BioHeap which has the potential to render its significant lower grade nickel reserves commercially viable longer term.

4) TIR's active exploration programme leaves open the prospect of increased reserves

5) TIR is much closer to mining phase than many of its celebrated peers like WSA and acquired its holdings at Kambalda far more cheaply.

I am not critical of the other stocks mentioned; in fact I believe their long term prospects are excellent. I simply feel that TIR's advantages mentioned above have not been adequately reflected in the share price.

A long overdue revaluation appears to have begun yesterday and IMO it could run for quite some time, given the buoyancy of the nickel market. My hope is that the revaluation occurs gradually, rather than as a speculative bubble driven by traders.

Good luck to all other holders. Prospective investors are advised to conduct their own research.

R/Gupper