old tungsten mine in production in 6 months, page-2

Interesting read on Tungsten lets do the sums 5 mines outside of Russia and China and neither of them are exporting so the worlds Tungsten supply is 5 mines

hmmmmm and RK wants to start a 6th

what allot of folk need to think hard about is the market context of RAUs

there is a world shortage with very very few quick term production plays if you can open a mine to supply a gap your going to get re rated from explorer to producer very very quickly

http://www.canada.com/vancouversun/story.html?id=897f2b79-c457-4794-aaac-4349d4773d3c

"Even today, North American Tungsten operates the only tungsten mine in North America, and "one of only four outside of China and Russia."

"We alone produce about five per cent of the world's annual production of tungsten."