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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

Comment by RGS1on Feb 20, 2001 11:35am
98 Views
Post# 3352363

RE: Anyone know more about this ??

RE: Anyone know more about this ??the company has not been spending any time ($) on the technology as of late. The descision was made to preserve working capital until the price of tungsten went higher and we could finance. The technology has perplexed the people working on it as they can not understand why it works. It has been sugessted that $500,000 will be needed to take it to the next level. Therefore until the company has more cash on hand the technology has been put on hold. If we can get the technology to commercialization it could save a significant amt on production costs. Ron Shenton IR
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