molyhil clock ticking...

So, the tungsten price continues to rise. Continued reporting of further tungsten price rises thru to 2015, possible shortages and companies/countries looking for economical tungsten deposits.

"...whoever can find the next tungsten deposit that proves to be economical will be laughing all the way to the bank."

http://www.siburan.com.au/siburan/wp-content/uploads/Resource-Stocks-Jan_Feb-2013-Tungsten-Feature.pdf

Mine extensions, deposit increases and JV's continue to happen in this sector...

"Vancouver-based Northcliff Resources submitted its environmental-impact assessment to the federal government. It wants to start an open-pit tungsten mine in Stanley. The mine could create 300 jobs during the 27-year operation."

"HC Starck Inks JV Deal with Nui Phao Mining for Value-added Tungsten."

http://resourceinvestingnews.com/59464-hc-starck-inks-jv-deal-with-nui-phao-mining-for-value-added-tungsten.html

http://www.metalbulletin.com/Article/3239690/Ores-and-alloys/Tungsten-jv-gives-HC-Starck-supply-stability-securityAndreas-Meier.html

This poor translation seems to indicate a chinese tungsten resource purchase soon?

http://www.northalloys.com/show_news172.htm

Recent upgrade at Burnt Hill resource (+280%) article with figures for comparison...

http://www.canadianminingjournal.com/news/tungsten-burnt-hill-resources-grow-with-update/1002468324/

I'm hoping for resource increase, improved grades, improved recovery, then announcement of T/O deal at Molyhil...sometime soon to recover thor's share price.

gla
MT