Guardian Metal Resources reposted this
We have initiated coverage on Guardian Metal Resources (AIM: GMET) which is rapidly advancing its #Tungsten project, at Pilot Mountain in #Nevada, to meet the demands of the industrial-military complex in the US for this key metal. Tungsten is back in the limelight after a flush of interest ten years ago. The retreat in prices decimated the explorers and developers and sent some producers broke. This created a project pipeline that was distinctly empty until recently. In this note we look the work currently underway at the Pilot Mountain project, the Tungsten space in general, the heightened interest of the US government in funding projects in the metal and the price & demand dynamics in recent years. https://lnkd.in/e6uh2EBG