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Microcap & Penny Stocks : IKAR MINERAL CORP...(IKAR)..looks to be ready & surprising -- Ignore unavailable to you. Want to Upgrade?

To: Lee Bauer who wrote (7)	11/5/1997 7:37:00 PM
From: Lee Bauer	Read Replies (1) \| Respond to of 188

To All: This is Tungsten. Read Up..... Tungsten Tungsten, used extensively throughout various industries, is coveted as a strategic metal. For example, it is the preferred and essentially unsubstitutable material for filaments, electrodes, and contacts in lamp and lighting applications. The last decade witnessed a rapid advancement in the use of tungsten as known technology spread from the defence industries to the commercial arena. During this time, the US reliance on foreign sources of tungsten material has increased by nearly 40%. Much of this increase was the direct result of a steady decline in domestic mine production. Consumption of tungsten products increased by about 6% (to approximately $390 million) during 1995 as a result of continued growth in the US economy. It is estimated that approximately 45% of the world's estimated tungsten resources are located in China. By 1990, the estimated production of concentrate by China represented about 52% of the world market share. However, availability of tungsten materials from China became progressively more limited during 1995, with China reporting imports of more than 700 tons of tungsten concentrates that year. With over 1.25 billion tonnes of high-grade tungsten ore, the company is well positioned to supply these markets.