North American Tungsten Corporation Ltd NATUF

RE: RE: RE: How much lower ......

[ruminating]

If it's going to zero then $.22 is overvalued.
There may  be all kinds of reasons the the stock has been driven down. With the low volumes on this stock it wouldn't take much to buy a few million then sell, sell, sell to drive the stock down and scoop up all the assets at a reason buy price well below $2. Stifling profit margins or mismanagement may keep the balance sheet from reflecting current demand and market conditions. It is unlikely general economic conditions will tank this stock, because as Leahy points out the prospects of Tungsten are just too good. It's used in everything from light tubes and electronic circuits/relays to industrial metals for turbines, cutting tools and welding rods to high heat/density shielding to military metal hardening.
The original question you posed is apt... how low can this POS go. A question for those thinking of buying or selling. If you own 100K your investment is $22,000-24,000 and could go to
.00 if you are thinking of buying you pick up the same amount for $25,000, $22,000 or ?.... It this as low as you are ever going to be able to pick it up or could you lose your shirt? At earnings of
.01/share the current price reflects a reasonable ESP multiple, but production has just ramped up and they are filling old uptake agreements, the current quarter may reflect seasonal influences (it hunting season in the Yukon, so may be higher absenteeism affects production)... if the next earnings report goes negative, or if it goes to 4 or 5 cnts/share then what? If you feel it's a POS ... get out now!.... if you feel the prospects are good... now may be your last chance to see these prices...