North American Tungsten Corporation Ltd (NATUF)

[1manband]

Do you understand how bankruptcy works?

Common shareholders are DEAD LAST in line for assets. They only recover what is left after all debtors and creditors are repaid 100% of what they are owed.

NATUF has no assets with any value. MacTung is GONE - traded away to the NWT Government for cancellation of some monies owed. CanTung is worthless - it has massive environmental liabilities and is currently being cleaned up and reclaimed by the Government, since NATUF has no money. Even if it were to find a buyer, which is highly unlikely, the proceeds would not even come close to making the debtors and creditors whole, which is required before common shareholders receive anything.

The common shares have no value.