GREY:NATUF - Post by User
Comment by
ruminatingon Apr 25, 2012 3:51am
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Post# 19832440
RE: why
RE: why Recent contracts from China have seen APT and concentrate pricing lowered. That can rattle investors.
There will always be the nervousness that the Chinese will flood the market with cheap Tungsten products to maintain their near monopoly as they did several years ago. I can understand the concern and temptation to dump some, or all of one's position. But every investment has risks, you only have to look at Apple stock's recent corrections to realize there is no sure thing. China has explicitly stated it is aiming to more tightly regulate tungsten production and to "manage" the export of the commodity. They may looseng up the quotas and that may depress prices somewhat, but when one looks at NTC's resource, operational improvement and clear competence in executing it's strategic plans it seems clear that they are well positioned to ride out any turbulence in the market.
Anything under
.40 is cheap and should be scooped up pretty quick... I'm already a little overweight NC , but at
.36 or lower I'd be foolish not to pick up some more.... so, let's see where the APT price goes....