Home > Boards > US OTC > Mining/Resources > North American Tungsten Corporation Ltd (NATUF)

I suggest you read item 4.3 again:

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1manband   Tuesday, 01/07/20 05:26:38 PM
Re: FTMan post# 937
Post # of 1004 
I suggest you read item 4.3 again:

"Canada is the primary stakeholder of the CanTung mine assets...and is the first ranking secured creditor of NATC"

The Federal Government controls CanTung, which is why they are trying to sell it in an attempt to recover at least some of the money they have spent on the closure and environmental remediation. NATUF has no actual control over anything, and common shareholders will recover NOTHING, even if they do succeed in selling what little is left (which is highly unlikely).

Anyone holding NATUF shares will lose 100% of their investment.

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