An excerpt from the Peter Epstein article…Telemarker, Can you make sense of what he means here in terms of valuations ? Fireweed Metals bills itself as having one of the highest-grade tungsten resources. I attribute 30% (C$49M) of Fireweeds valuation to its tungsten prospects or $131/tonne in the ground. Given Foxs grade of 1.03%, (vs. Fireweed at 0.70%) each 10M tonnes could be worth ~C$11M = $27/tonne vs. Happys valuation of ~$7M.