Member Info for hoffy71

Just watched a very interesting interview regarding tungsten.

Apparently previously the US had been more difficult than other duristrictions regarding exploring. The mining exploration industry had lagged behind countries like Australia and Canada.

The current administration has elevated mineral projects to priority 1. He reckons any paperwork for approvals etc is given top priority, no delays (in his experience)

US are leading the charge in getting resources into production, aim for 2 years, taking all obstacles out of the way, other countries are not being so aggressive.

By 2030 - there could be a 50 000,00 tonne defecit of tungsten

Tungsten is listed as Europe's no 1. Critical mineral

The interviewer asked, what should every investor know about tungsten?

A) If you think that globally, military spending is going to increase, you should be investing in tungsten to go hand in hand with that. App. 25% of tungsten is used in mining and construction, 11% is used for defence at the moment.

Perfect, thank you for that Apro. It makes economical sense to ship out part processed material, saves on transportation costs and purchasing all the equipment to do the refining on site, as long as there is a refinery that can complete the process near-by.

Sorry for not DYOR but does anyone know if our mill is ready to process tungsten, gold, silver, copper? I have watched a few videos on utube and these Mills look monstrous. I know a lot of money has gone into the mill but is it up to the job?

Doug Casey is a fairly big name in the investment world. In one of his latest interviews he mentioned he is starting to look at tungsten and tungsten minors. Tungsten is becoming quite the story and attracting more and more attention now it seems.

Just waiting for some good results now to spark the interest in GWMO., like dry tinder we are.

I see the Trumps are into tungsten, one tweet from them about us and I would feel very sorry for any shorter.

I can think of 3 possible scenarios regarding the price action over the last two days 1) The world has decided it dies not need tungsten anymore nor copper silver and gold 2) Someone knows something the average investors does not ( and it is not good - like there is really no tungsten there) or 3) The most likely they are accumulating shares for a large order / orders IMHO, just my random thoughts.

Obviously there is very little to no chance of the first two being possible, so am going to hold for the ride.

A new report regarding tungsten scrap in mining.com out now.

8c (6p equivalent), that is huge! I wonder why they are paying so much more than in the UK.

They want your shares I suspect.

More buys than sell yesterday and the price down. More buys than sells today and we are down. IMHO this is a shake, building a strong base at the 4.5 to 5 level and then move up.

Would not be suprised if we fi ished blue today.

My thinking is that there are different levels of investors, right now the people who are prepared to take a bigger risk are getting in. The next wave of investors will come once results start coming in, then I imagine the institutional investors will start coming in with the big money assuming we become attractive to them.

If / when we go into production will there be dividends for shareholders or is there a chance we get bought out?

If I am not mistaken copper is just about at an all time high to.

Pardon my ignorance, but are all the other resources which GWMO has (gold / silver / copper) all in the same area as the tungsten?

Am I reading it correctly that between Brian and Max (directors) they own over 330 million of the 415 million shares in the company!

I wonder how many shares Ed will want to squirrel away before this really takes off. At the moment I cannot see he has any.

Simples!

We are watching money move from the impatient to the patient I believe.

Looks like some "sells" are actually buys to me🤔

Nice article in miming .com, 577% increase, short supply, increasing demand.