GREY:WFEMF - Post by User
Comment by
clk_vestedon Mar 06, 2012 4:37pm
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Post# 19635348
RE: RE: RE: RE: RE: RE: RE: OK
RE: RE: RE: RE: RE: RE: RE: OK I agree that one of the factors supporting the long-term value of this stock is that even if the world goes into another round of recession, weak markets, whatever, the price of tungsten should probably remain high. It is required in so many industrial and high-tech goods, and the supply seems so limited, that I doubt we'll see the price drop significantly. So the market may overreact to bad news for awhile, but we'd need a really serious manufacturing decline before it would matter much to WOF's long-term prospects, especially once financing is in place. Just my opinion, but I would agree with many here that as penny stocks go, this one is rapidly becoming as close to a "sure thing" as it can get.
Disclosure: I have owned this stock since 2010, continue to accumulate when I can, and have followed with interest the usually high caliber of discussion that has gone on here in the past (I too particularly appreciate the occasional insights offered by kyoung --it's reassuring to know that the Korean perspective on this venture is positive). I don't usually contribute because I don't generally have anything material to add.