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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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Post by RGS1on Mar 19, 2001 10:19am
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Post# 3492068

news

newsthe company has just signed an uptake contract with two of the largetst tungsten users in the world. Sandvik and Oshram have signed a deal to buy all the tungsten that Cantung can produce for it's entire life. They have also taken an option on Mactung and Blovia. They have also given the company $3mil us for mine startup. This contract gives the company a flor minimum that is very profitable and upside splits in increase of tungsten prices to increase profitablity. This will bring the company analytical following, fund interest, earnings and nonstop news. With tungsen at $74 mtu, the company had a $130 mil mkt cap. We have $74 mtu now and are moving towrds being in business. our current mkt cap is $26 mil , this give us massive upside. Ron IR
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