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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 lurkeroneon Feb 28, 2009 12:00pm
181 Views
Post# 15810873

RE: RE: N.A. Tungsten earns $4.92-mill

RE: RE: N.A. Tungsten earns $4.92-millBut yes I agree more dilution will occur on this going forward.  That is a reality of a stock in the the development stage of a depost.  Thats why they call these equity markets, companies have to issue equity shares for cash.  Thats how it works.  Its not a bad thing, its the basis of the stock market.   If they can keep it under 200MM shares by production (hopefully 175MM)  there are going to be very big gains to be made here.

lurk
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