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Gold/Mining/Energy : North American Tungsten
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To: Scripts who wrote (104)10/23/1999 7:46:00 AM
From: Dan P  Read Replies (1) of 133
 
Ed:

Tungsten is such a relatively obscure commodity, that there
is very little information available. NTC plans to
feature regular updates on the price, since the price has
gone up above even their "break-even" level. Last I was
told was around $57-59 per stu, with NTC's operation
profitable at around $55 or so.

We will be seeing an update on the world tungsten meeting
which has just been held, and that should be quite
interesting.

This company is probably the only N. American game in
town, and as the word gets out, I would expect a lot more
interest. IR has in the last 2-3 weeks, gotten inquiries
from 100-200 newly-interested folks.

I think this could be very exciting, as D. Bryan has
pointed out.

Regards

Dan
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