Tungsten price moving up...yay...
https://www.vitalmetals.com.au/metal-markets/tungsten/tungsten-price/
looks good does it not?
well actually NO...not when compared with the 10 year graph, its a move in the right direction but like Billing, too little.
http://www.infomine.com/investment/metal-prices/ferro-tungsten/all/
Tungsten price reached record high in 2011/12...
http://investingnews.com/daily/reso...ting/tungsten-price-pushes-to-historic-highs/
about twice todays tungsten price...
it is worth remembering Mick Billing was active (his words not mine) during 2010/11/12 trying to sell Molyhil's tungsten and what happened NOTHING..nada...nil...zilch...he failed to sell the product and he failed to get finance. the 2 events are inextricably tied, he cannot do 1 without the other.
if you believe Billing will move molyhil or pilot mountain into production in your lifetime you know something that is simply not true.
Remember, it's not what you don't know that will lose you money, it's what you know to be true that simply isn't so.
With due respect to mark twain.
MT
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