Post by Nick2021on Oct 14, 2025 12:15pm
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Post# 36749804
The real news from last week
The real news from last weekI don't know how many people noticed this, but in the last couple of weeks it turned out that Rio2 owns the mining concession to a significant tungsten deposit in the Yukon (tungsten is a hot metal right now). The CEO, Alex Black, discussed this briefly on Twitter -- apparently the company is considering spinning this off into its own entity next year, which would obviously be great in that it would give current shareholders exposure to this without detracting from the company's core operations at all. (Literally no one was aware of this, that I can tell; it's never been mentioned by any analyst that I've seen.)
https://x.com/BlackAlex58/status/1971205271558238472