Woulfe Mining Corp WFEMF

Talking Tungsten M&A

[Adrammelech]

An interesting article about tungsten sent out by Woulfe's Facebook. Mostly about NTC and the Mactung deposit but it mentions companies in the tungsten market with M&A, don't know if it means anything.

StockExpertPro didn't release this one yet so he hasn't even friended Woulfe, how disappointing for reviewing and reposting all the posts on this board..

https://seekingalpha.com/article/824731-mining-executives-talk-tungsten

GLTA Longs

Adrammelech

[Majormac79]

Ntc has some great grade of tungsten but their deposit is out of reach of infrastucture so is burdened for high opex

[StockExpertPro]

In July of this year, Australian-based tungsten explorer Woulfe Mining WOF/WFEMF saw Berkshire-Hathaway sink $70 million dollars in equity (split evenly between the mineral property and the on-site refinery) into its Sangdong project in South Korea. Monet speculated that this was designed in part to secure tungsten supplies for the massive holding company's other subsidiaries, although a

[ruminating]

Great article it's not. Grammar is fair and most of the numbers were missing (M) for millions instead of the thousands being quoted. However, the premise is noteworthy.... strong prospects for Tungsten producers to advance their projects with support from existing customers who are willing to pay to prevent these company's folding up their tents. Although the Mactung deposit is very high

[Majormac79]

Cantung is running out as you said, Mactung has some wicked drill results with grade but... Mactung has no rail and experienced that one road in being washed out for over a month this past year. So there cap ex and opex of that high grade tungsten will be very high!