Ann: Letter to Shareholders , page-2

Right strategy to focus on Pilot Mountain , should speed up the development of this tungsten project as currently the market can justify a number of similar projects which are already on fast track development eg Wolfe Mining's Sandong Project in Korea and Vital Metals' Watershed tungsten project in Queensland Australia. Tungsten is in the same situation as Rare Earths ,China control 85% of the world supply and demand and like Rare Earths they are now restricting/tightening the supply of tungsten out of China
Keep it up BFE !!