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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 wcarcrosson May 19, 2011 1:36pm
338 Views
Post# 18601564

RE: RE: What Gives

RE: RE: What Gives
IMO two things are holding this down:

1. The high canadian dollar. Feasiblity for Mac Tung and Can Tung was at an 80 cent dollar, thus take 25% off APT prices... but they still should be doing well.

2. Delays in the permitting of Mac Tung. Kaska First Nation doing whatever they can to slow all permiting in their "traditional territory".

I'm frustrated too, but believe things will move up in time.

Good Luck All!
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