GREY:NATUF - Post by User
Comment by
ruminatingon Oct 13, 2012 9:24am
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Post# 20480495
RE: re anyone here
RE: re anyone here Yup... nothing until industrial activity picks up... right now too many projects in the planning stage to bet the house on any one of them and the existing producers aren't going to wow anyone with earnings at these prices for APT and concentrates.
WOF is interesting to me because although the fundementals look good.... past producer, good financial backing and off takes and very good mine production sub-contract..I'm leary.
The production contract looked good but is only bringing out the rocks to the mill-feed site but no mill yet. It's a low grade Moly play too apparently which sounded good until I read somewhere that Molydenum is a contaminant in Tungsten veins that actually increases the cost of refining the concentate because of the need to completely remove it. If it's only at a low concentration this may be an attempt to spin the presence of Moly as a plus instead of being a downstream cost increasing factor. Does anyone know about more about how MOLY and other contaminants affect the refining costs for Tungsten ores? Anyone know how NTC's deposits stack up in terms of contaminants and refining costs?