I've had been holding KIS for a few years with their tungsten reserves in King Island. They have a Chinese partner and currently upgrading their port and minesite etc. Got sick of waiting and sold them a few weeks back. Kept my smaller holding in PMQ, also tungsten. Then wham last week VMS announcement caught my attention so got some and same week saw significant movement in KIS and PMQ as well as HSK.
The tungsten sector has been very quiet during the startling recovery of many small/mid cap miners and perhaps attention is turning to tungsten in expectation of further western world recovery and consequent tungsten shortages/price hikes.
Chinese influence with tungsten is huge and with world demand likely to grow in the months ahead, VMS and the other players may enjoy strong rebounds.
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21 | 4274200 | 0.016 |
8 | 2552162 | 0.015 |
5 | 1539750 | 0.014 |
8 | 2244067 | 0.012 |
Price($) | Vol. | No. |
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0.019 | 5064270 | 15 |
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0.022 | 1137030 | 5 |
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