RE: RE: malaga website Tungsten Concentrate Prices Poised to Rise Further
May 08, 2013
SHANGHAI, May 8 (SMM) – The Tungsten Industry Association of Ganzhou recently announced the guiding prices of wolframite concentrate, ammonium paratungstate (APT) and medium grain tungsten powder for May at RMB 133,000/mt, RMB 200,000/mt and RMB 310/kg, respectively, slightly up from April. Tungsten concentrate prices will likely rise further on stockpiling by the State Reserve Bureau (SRB) and gradual recovery of downstream demand. Among China’s listed companies, only three cover tungsten industry chain. There three companies are Xiamen Tungsten, Chongyi Zhangyuan Tungsten and Hunan Nonferrous Metal Holding Group. Demand Recovers Gradually The Tungsten Industry Association of Ganzhou hiked the guiding prices of wolframite concentrate, APT and medium grain tungsten powder for May by RMB 11,000/mt, RMB 11,000/mt and RMB 17/kg, respectively from April. These prices are 23.8% higher than the lowest price in last August.
Malaga...are you a bunch of fools!!! We as shareholders know you have full operating rare tungsten mine with a life of well over 50 years and here we wait and watch our stock trade at a penny...what a bunch!!! That said....sell the mine for what it's worth15 cent a share and get us out of this poorly run operation already please thanks!!!!