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North American Tungsten Corporation Ltd NATUF

North American Tungsten Corp Ltd is a Canadian based exploration and development company. It is engaged in the exploration, development, and operation of mineral properties. The company produces, processes, and sells tungsten concentrate. Its project portfolio includes Cantung mine site and Mactung deposit projects.


GREY:NATUF - Post by User

Comment by mbonikowon Dec 12, 2012 8:00pm
166 Views
Post# 20722469

RE: RE: RE: RE: RE: Ouch....

RE: RE: RE: RE: RE: Ouch....

Thanks for posting the reports. 

That being said if I was EVER to listen to a sell side broker/analyst I might as well throw my money away. They state the obvious way after everyone on the street has long made the trade. 

I would use them as a contrary indicator, price is not news so turning cautious here is amusing.

Sure NTC has high debt levels, and yes APT is down, but look at the chart of tungsten over last 5 years and where we came from and the picture is quite different, as for the debts they are a producing mine so there is cash flow. At the current price level all that they state is long priced into the stock.  

I am more interested in the insider trades and the fact that a major Trust has piled into this over the last year at much higher level gives me a piece of mind. If there are morons selling here to take a loss at the end of the year for tax reasons I am happy to pick it up. Will continue to accumulate at these levels. At $30M market cap this is definition of value. 

 

 

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