The company claims to have the highest grade deposit of tungsten in the world, in Canada (Yukon and NWT), so in a safe jurisdiction. But as a developer it has no revenue, losses and negative cash flow. It does have $37M cash, however. Insiders own 6% and have been recent buyers. Its deposit also holds copper, so its future is tied to the EV market, largely. No one should 'expect' 100-bag returns, but it has some good qualities in a sector that could be hot for a while. The stock is acting well. But it is many years from ever developing a mine, and needs to be considered highly speculative.
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