tungsten, w, 74 - the next ree pump ?

REE was the flavour of the last few months

Saw some massive reratings on the rare earths on the back of news out of China

The REE's seem to have had their run for now

Think market is waking up to Tungsten

Those that know of it, know it could be next ...

"The tungsten market will see a growing deficit and higher prices in the coming years on stronger Chinese domestic consumption and good demand (2008)"

?Supply is going to struggle...everything has pointed in the same direction over the last few years...The next five to ten years will be a boom for the tungsten market,? said David Matousek,head of corporate development at Playfair Mining, a prospective tungsten producer based in Canada.

Estimated deficiency of 17,500 tonnes by 2010.

http://www.playfairmining.com/i/pdf/MBTungsten.pdf

Expect this to really heat up !