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PennyStockInvestor

09/15/14 10:52 AM

#9059 RE: PennyStockInvestor #9019

WFEMF ~ Buffett, Terrorists & China Control This Metal

Tungsten is one of the few metals where demand is expected to outpace supply in the coming years, and there is a potential treasure trove of profits to be made by miners of the metal. The massive profit potential, unfortunately, has even attracted organized crime to get involved with tungsten mining. The day after Christmas, Bloomberg reported that Colombia's government was preparing to seize a tungsten mine run by the Revolutionary Armed Forces of Colombia (FARC). According to Bloomberg, "tungsten mined for the profit of FARC makes its way into the supply lines of the makers of BMWs, Ferraris, Porsches and Volkswagens, computers and BIC pens." Bloomberg continued "Apple Inc. and Samsung (005930) Inc. have also bought material from that tainted supply line. The parts are used for iPhones, iPads, iPods and Galaxy mobile devices." What does that say about the tungsten industry when a criminal enterprise is illegally mining the metal and somehow getting the ill-gotten commodity into consumer products?

http://www.pinnacledigest.com/articles/buffett-terrorists-china-control-metal

Read more about WFEMF at:
http://investorshub.advfn.com/Woulfe-Mining-Corp-WFEMF-23053/