It does appear TMR is involved in a quite interesting...

It does appear TMR is involved in a quite interesting project.

Tamaya holds an 86.2% interest in the Regua Tungsten project.Shareholders will be updated on initial drill results at the end of the June quarter (soon), and then throughout the second half of 2008.

Some interesting info from Spanish report:

Tungsten and tin
The existence of a tungsten and tin metallogenetic province on the Peninsula, which in Portugal overlays the Galicia - Trás-os-Montes and Central - Iberian Zones, has long been known.

The most promising areas for the occurrence of large deposits correspond to various types of geostructural settings:
· there is the special case of the skams with scheelite, formed by contact metasomatism, which - in accordance with the wall rock structure -some geologists divide into two types: stratoid and vein type

In relation to the skarns with scheelite, special mention should be made of the potential of the so-called Douro Scheelite Belt, which includes the whole of the area where the formations of the Schist-Greywacke Complex and the sintectonic granites make contact. This is situated to the north and south of the Douro river between the meridians of Freixo de Espada à Cinta and Régua.

And now quoting from The Australian:
Speciality metals appeal
If you want to back something a lot further down the development road, then specialty metals are still appealing.
German metals and chemicals giant H.C. Starck is notifying customers worldwide of a double-digit price increase for molybdenum, tungsten, tantalum and niobium metals. It adds that the demand for these metals, especially from the electronics sector, is expected to be secular not cyclical. They added -- in case we don't understand -- that "pricing pressures will be sustained and likely increase (further)". On the tungsten front, older mines start to near the end of their lives. One industry source calculates that world demand of 82,000 tonnes a year is expected to reach 110,000 tonnes by 2012 but there will not be the metal to fill that need.
Tungsten may be becoming like tin -- small industry, declining grades (especially in China) and problems finding new resources (and by the way, tin hit a record of $US24,585 a tonne on Friday).

That’s why THR rose over 505 within 2 days