Patersons can recommend what they like and tungsten prices may...

Patersons can recommend what they like and tungsten prices may well rebound, but the fact remains that unless it returns to the level of two years ago - and stays there or better - this company will continue to lose money by mining and processing it. Still, I know that won't deter some punters' ever-optimistic expectations from pushing the SP up, especially as hardly any current holders seem to want to sell before their dreams are realised. There's definitely something quite unusual about WLF, and even if the next four quarters bring nothing but more losses and further capital raises, as I expect, shareholders will still keep the faith. Hemerdon must indeed be the promised land.