If CNQ did have the tenements for Mt Carbine I doubt the SP would be at its current price of less than 1c hence why the SP is where it is because of this on going issue. Only a year back there was a SP of 16c then tungsten prices and companies fell over worldwide so the point I'm making from my perspective is that mining has stopped and tungsten prices are too low for production and we obviously still need to get the leases and resolve the issues with that before mining again however for a new investor like myself with the acquisition of lithium now In play and recent price lift in tungsten to me it's worth a go at less than 1c where if it gets to 2c I've doubled my money. I understand some of you can only average down to a certain point but am I looking at this all wrong ?
CNQ Price at posting:
0.9¢ Sentiment: Buy Disclosure: Held
