Replies to post #1430 on North American Tungsten Corporation Ltd (NATUF)

[makinezmoney]

$NATUF: Government has lots to offload............



https://www.nnsl.com/business/an-ugly-ugly-fall-chamber-of-mines-says-of-nwts-economic-contraction/

It’s important with such critical minerals to develop a leadership position in the market and strive to take advantage of conditions when they are positive, Hoefer advised.

“We have a great opportunity emerging now in critical minerals, and it will be important that we move fast and seize a position, before other jurisdictions do,” he said. “There might even be potential for CanTung to reopen as it produces another critical mineral, tungsten ore.”

Although market conditions can’t be controlled, all levels of government should support the mineral sector by providing increased resources, training and jobs, and using wisely the tax flows and payments that governments receive, Hoefer contended.

The GNWT Department of Industry Tourism and Investment, the NWT Chamber of Commerce and MP Michael McLeod’s office did not respond to requests for comment on the GDP report on Nov. 10.

GO $NATUF

[1manband]

They don't own squat.

The Canadian government is owed so much money over CanTung, there is never any scenario in which it will ever be paid back. NATUF has no chance of getting a penny.