EQR 0.00% 4.3¢ eq resources limited

Tungsten price rising, page-139

  1. 2,253 Posts.
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    Dear thee of little faith, this is mostly FAKE NEWS,you all criticize management for their decision in delaying along with Mitsubishi, going ahead with mining our tailings project.Which at the time was the start of one of the largest fall in Tungsten prices for many years.In hindsight it was a great decision by the board to delay our tailings project,it saved our company.Once that decision was made we didn't have any options as we were only a Tungsten based company,we had to wait out a rise in the Tungsten price.In that waiting period over 3 years Jim has secured millions of dollars for as in our R & D tax offset grants which alone covers the boards wages.They did 2 capital raising's and our Geologists have more than covered their wages by the 3 great projects they have bought on board.Now we have money in the bank, 3 new exciting projects all funded with activity happening in all 3 projects.The Tungsten price is the best shape for years and gaining momentum upwards.This it the best and strongest position CNQ has been in over in our history.I know 5 of our top 20 share holders who all rate this as a very exciting time in our history and none are selling any CNQ shares.For me I'm very happy adding shares at these bargain prices I will be honest with you all up I own over 6,500,000 CNQ shares which I an delighted with and are very happy how Jim is running our company. Look at WLF who started mining at the wrong time their leader just jumped ship. CHEERS
 
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