North American Tungsten Corporation Ltd (NATUF)

[StockRoomBully]

China moly Tungsten Cantung missing $$$

Mining News
"China Moly reports record net profit in 2021 on strong battery and rare metals demand"

increased significantly due to the increase in the market prices of copper and cobalt and the growth of the basic metal trading business.

China Moly specializes in mining and trading of base and rare metals, with its main business presence on five continents: Asia, Africa, South America, Oceania and Europe.

The company is the largest tungsten producer, the second largest cobalt and niobium producer, one of the top seven molybdenum producers and a leading copper producer.

It is also the second largest producer of phosphatic fertilizers in Brazil. In terms of trading business, the company is among the top three base metal merchants in the world.

Now here Moly China making moves and from this article in April of 2021
They mentioned Cantung Mine. Lol

Again why this article so important at a time when only China gaining all that $$$$

Investment in 31 crucial minerals such as tungsten, molybdenum and rare earths in Canada requires national security review.

The government recently issued the ‘Guidelines on the National Security Review of Investments’, which mentions that the acquisitions involving the control of key minerals, the acquisition of companies specializing in sensitive personal data businesses, and the proposed investment involving state-owned or government-influenced investors, as well as initiating National security review.

Tungsten, molybdenum, and rare earths resources are significant strategic reserve resources, occupying an indispensable and important position in high-precision fields such as national defense and military industry, optoelectronic information, and biomedicine.

Canada is a vast country with abundant mineral resources. By the end of 2020, it has 96,000 metric tons of molybdenum resources and 830,000 tons of rare earth resources.

The country also has several large tungsten deposits outside of China, including those located in New Brunswick.

The Sisson mine in the central part of the province and the Mactung mine and Cantung mine

Just wait on the winning bidder. Just wait y'all April is around the corner

There's so much value in both mines. Mic dropped

https://www.kitco.com/news/2022-03-16/China-Moly-reports-record-net-profit-in-2021-on-strong-battery-and-rare-metals-demand.html

http://news.chinatungsten.com/en/tungsten-news/139511-tpn-10032.html