Phantom The quarterly due soon. Hopefully this gives an improving picture post cap rise. Tungsten price is improving and Kevin s working hard on the processing plant. An important point to remember, tungsten is a hard material so not easy to extract.
Based on the last update, the drilling near the pit is very encouraging and so we might be see a move towards expanding open pit before the extensive underground. This is all EQR's and not part of the JV, so it might be quicker than the end of year.
We need the feasibility finished so we can get on with the main game.
At some point the value in the project will speak for itself. In 12 years of owning this stock. The fundamental picture has not changed. Just waiting for the ugly duckling to become a swan.
EQR Price at posting:
3.2¢ Sentiment: Buy Disclosure: Held
