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North American Tungsten Corporation Ltd NATUF

Metals & Mining Industrial Metals & Minerals
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

North American Tungsten Corporation Ltd
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Comment by ruminatingon Aug 25, 2012 2:25am
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Post# 20259439

RE: RE: RE: Q3 results on sedar.com

RE: RE: RE: Q3 results on sedar.com

Revenue at just over $24M is a disappointment. The 3 week outage and resulting disruption clearly had a huge impact. Not just the 1/6 reduction of revenue one might expect. Hopefully the hang over into Q4 will not be extensive. From the report it appears they invested in capital outlays to further exploit the existing deposits and continue the drilling program. It will interesting to see the result of those investments.

Overall disappointing, but not entirely unexpected.... I was hoping for break-even financials.

 

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