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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

Post by ruminatingon Jun 01, 2012 4:42pm
201 Views
Post# 19972709

SP confusion

SP confusion

Today's USD vs CAD rate was just under $1.04 a 6% uplift from last month. As Telemarketer notes APT is quoted @ $402, down 10% from it highest level briefly achieved last year, but up almost the same amount from the recent drop which sent the tungsten stocks lower in April. Ferrotungsten, which I understand is the refined end product of combining APT with iron has been steadily rising and is now selling at an all time high on European contracts. NTC is certainly a potential takeover target, especially at it's current sp. I don't see the rationale for dumping almost a million shares onto the market at today's prices, but I'm abviously missing something.

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