Nope, I was wrong. THIS is where we stand.......Recession fears in the US could be to blame for people unloading their riskiest stocks and the likelihood of seeing a pullback in the tungsten price - given tungsten is closely tied to performance of the economy. But its also because rather than consolidating the business and focusing solely on putting dollars in the bank, these guys want to spend more on other mines. So now we have a potential declining demand for tungsten with a business losing millions that wants to expand.....bravo! Also, can someone clarify that despite the last CR being supposedly for the purpose of being able to draw down the Govt loan. But now having spend nearly all that money on other things, leaving LESS than the 5 mill. minimum in the bank - does that mean no loan? Cudos to management if that is the case. Cant wait to see what the next CR price is!
