GREY:WFEMF - Post by User
Post by
StockExpertProon Jul 31, 2013 9:50pm
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Post# 21642815
Tungsten Prices are Rising Again! Woulfe Mining Tungsten Project Should be Receiving Priority Status
Tungsten Prices are Rising Again! Woulfe Mining Tungsten Project Should be Receiving Priority Status I think the Woulfe Mining tungsten project should be receiving priority status over other projects in the junior mining sector. Gold mines are a dime a dozen but a World Class Tungsten mine is unique and could prove to be extremely valuable. In my opinion tungsten is a good bet to make just in case gold and other metal or commodity prices collapse in the future.
Note: Recently potash prices are down and junior miners like Allana potash have taken a big hit from falling potash prices. I've been browsing around, taking a look at other junior miner projects and the majority of them need over $500-600+ million dollars to finance their projects.
While Woulfe Mining requires a much lower amount of financing in the $150-200 million dollar range to refurbish their Sangdong tungsten mine and begin full scale tungsten production.
https://www.metal-pages.com/metalprices/tungsten/
Click on the link above to view current tungsten prices. Then scroll down to view the various categories on tungsten prices.