GREY:WFEMF - Post by User
Comment by
chizzleson Jan 25, 2015 3:54pm
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Post# 23361300
RE:Tungsten prices are crashing + Canadian dollar is collapsing
RE:Tungsten prices are crashing + Canadian dollar is collapsing
If current NRV = 156 million (US), doesn't that mean the value is more once transferred in Canadian money? 156 million US is currently worth approx 194 million Canadian. The one thing that I do agree with is that the constant drop in the price of Tungsten (currently under 300 per mtu) is the only possible concern for us. Not too long ago tungsten reached a high of $472...now down to approx $280. We need the drop to settle and gain a little bit...our share price depends on it!!