GREY:WFEMF - Post by User
Comment by
StockExpertProon Apr 15, 2013 2:17pm
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Post# 21255874
RE: Tungsten Prices Are Rising
RE: Tungsten Prices Are Rising Does anyone know why this stock is down with gold stocks today? As far as I know Woulfe Mining will be primarily a TUNGSTEN mining company in the near future. The market has this BACKWARDS. Tungsten prices have been on a steady rise up lately. Tungsten concentrates and other tungsten prices have been increasing. If anything these gold bugs should be running from gold and silver. Then heavily investing in Woulfe Mining. Based on this news article from the Resource Investor. Why Warren Buffett is Loading Up on Tungsten
https://www.resourceinvestor.com/2012/06/12/why-warren-buffett-is-loading-up-on-tungsten
High-tech industries are driving demand even higher.
Tungsten is vital to the manufacturing of electrodes used in solar panels and nuclear equipment. More importantly, it's a vital component in the touch screens of smart phones and tablet devices now exploding in popularity around the world.