GREY:NATUF - Post by User
Comment by
GaiusOctaviuson Mar 26, 2014 5:11pm
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Post# 22372256
RE:NTC - Tungsten Projects are Not Economically Viable
RE:NTC - Tungsten Projects are Not Economically ViableI'd like to make a correction to my previous post regarding North American Tungsten. Just in case anyone misunderstood my last post. The point that I was trying to make was that only certain tungsten projects will be economically viable. I think Woulfe Mining has a valuable tungsten project but poor management has held the company down. Now that Woulfe Mining has new management their tungsten project will become a reality. WOF could become very profitable due to their low costs and tax rates from being located in South Korea. In my opinion North American Tungsten does NOT appear to have an economically viable tungsten project currently. NTC is losing too much money each quarter.