Latest update of Pilar Gold’s tungsten mine. Looks like they...

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BraveNewWorld

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07/02/22

17:15

Post #: 59412078
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Originally posted by OldSilver: ↑

I have not made the jump into G6M as yet, I usually stick to silver and gold, as I know sweet bugger all about tungsten. Syelaw has had a dig at the post, asking what it has to do with G6M, and you are only promoting Pilar Gold. A bit of an odd comment, seeing as how Pilar is not listed. The only reason I am looking at G6M is that I too hold an interest in Pilar, and have received the same presentation. Tungsten is not something I would have ever considered until I read the presentation, as it is not exactly a well-known mineral. So I really don't see a problem with the post, anything that brings investors to a company is a good thing. I am thinking that some exposure to tungsten could be a good thing, as the demand seems to be there, also the crypto crowd have been buying up tungsten cubes, they must see a strong future for it. Correct me if I am wrong, but I believe China produces around 70 per cent of the world's tungsten and can see how countries would be looking to secure a supply of this critical metal outside of China. From what I have been able to find, tungsten is very rare, so any company with a minable quantity and grade of tungsten is worth a look. I think G6M has a lot of upside, so I will most likely take a smallholding in the next few weeks, just want to do a little more research, and the presentation from Pilar Gold contains a lot of general information on tungsten that can be transferred to any tungsten mine. I am just a little worried about what the actual production cost will be, as I can see some extra logistical costs being incurred with the location. If I can satisfy myself that the projected costs are realistic, then I think it is worth investing.

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Latest update of Pilar Gold’s tungsten mine. Looks like they will be producing at Bodo tungsten by the end of this year. They have serious fire power with current gold production and a fully built gekko mill already at Bodo. The market desperately needs new tungsten mines like King Island and Bodo. I predict Group 6 going to 25 by mid year as prices sky rocket.

https://mobile.twitter.com/Pilar_Gold

G6M Price at posting: 15.0¢ Sentiment: Buy Disclosure: Held
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Last 2.6¢		Change 0.000(0.00%)		Mkt cap ! $26.10M

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Latest update of Pilar Gold’s tungsten mine. Looks like they...

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Latest update of Pilar Gold’s tungsten mine. Looks like they...

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