put simply buffet knows his stuffhe hs made a bucket load from...

  1. 1,418 Posts.
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    put simply buffet knows his stuff

    he hs made a bucket load from investing and identifying

    markets and trends - which has been overlooked or not

    identified to the investing community to date-

    the fact that warren buffet has invested a bucket load into

    tungsten lately proves that this commodity is what many is

    earmarking as a must have coommodity with a major supply-

    demand deficiet both short-medium-longer term - rarer than

    rare earths is what many are alluding it to-


    end of the day- we have the product and a fair amount of it

    of that- we have some of the better quality deposits- that

    being sheelite which is the better quality ores you can

    have - you can try and buy lower - you can wait for the

    retrace to the lower 3's- 2 cnt ranges if you like but if

    the buffet man himself sees the tungsten market as one that

    has a long way to go even after doubling in price over

    recent times - just imagine where this one is heading with

    drilling at molyhill to date exceedings expectations with

    better and bigger estimates of the resource we have there-

    short/medium term yes there seems to be some funny buggers

    being played by the chinese- maybe in an attempt to depress

    the price of tungsten to circle tungsten producers in an

    attempt to taking them out to secure tungsten for their

    growing supply needs- but fundamentaly the story for

    investing in tungsten could and in my opinion will be far

    greater than what happened to rare earth stocks when rare

    earths went on its breakout- end of the day we have it and

    a lot of good quality parts of that- and majors demanding

    tungsten for production needs take notice of our imminent

    dfs because it will be a real market turner which should

    gain some real traction - tungsten's my commodity for the

    near term to break out and hit higher highs - if the buff

    man is investing big in the tungsten market- ill continue

    to invest in this minnow that has it because 9 times out of

    10 - the buff man knows what the market doesnt before it

    runs
 
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