RE: RE: RE: RE: RE: U.S.: HIGHLY PROVOCATIVE ACT: ark88 Quote:
"As a shareholder of WOF, it is a cause for concern, but I'm certainly not going to panic."
Why does this recent news concern you as a shareholder? If Tungsten is considered a war metal and demand increases with more countries developing their military and missle capabilities then this is considered positive news for tungsten and Woulfe Mining shareholders. We had a gentleman on this message board the other day complaining about how tungsten demand/price could be tied or factored into the Woulfe Mining share price. The more global conflicts that break out the more tungsten demand increases. Tungsten is also in great demand as a industrial metal so the price can still go up without global military build ups because the world population and industrial growth on the plantet is exploding before our eyes. Some of these posts on the Woulfe Mining message board make me think people invest in this stock without doing a lot of due diligence on their investment. Yet people like this geologyfella continue to come on this message board and cry about people who provide valuable information about tungsten. Based on the majority of posts on this message board today it is obvious that the masses do not understand the huge demand for tungsten in the military or as an industrial metal and that tungsten is currently undervalued.
From a US perspective, the element’s use in the aerospace program, electronics and military (including in bullets and armor) is critical. To the mining industry as a whole, tungsten is a savior with many uses within the assembly of mining equipment itself, including drills in need of durability.
https://www.americanelements.com/2011Endangered_Elements_List.html
Tungsten is also listed in the top 5 endangered elements list.
https://www.mining.com/endangered-elements-tungsten-among-chinas-potential-embargo-list/
Read more at https://www.stockhouse.com/bullboards/messagedetail.aspx?p=0&m=31897417&l=0&r=0&s=wof&t=list#o5mK4AU3f3ewhzfq.99