North American Tungsten Corporation Ltd (NATUF)

[1manband]

Is there any doubt that this is really over now? NATUF is still worthless, and that will never change. No wants CanTung, due to the MASSIVE environmental liabilities. The Canadian Government will be forced to remediate, close and reclaim CanTung on the taxpayer's dime.

Cantung options narrow
In a written statement on Wednesday, the federal government sounded pessimistic about the likelihood of now selling Cantung.

Matthew Gutsch, a spokesperson for Crown-Indigenous Relations and Northern Affairs Canada, confirmed that “neither proposal met the objectives of the sales process” and said Ottawa would now “continue to develop options for the care and maintenance and the closure/remediation of the Cantung site.”

“Based on the bids received, the committee determined that reopening Cantung is not a viable option at this point in time, and the site will likely proceed with remediation,” Gutsch wrote.