Ann: 72% Increase Measured and Indicated Resource, page-4

re: Ann: 72% Increase Measured and Indicated ... Great announcement, and potential for further resource upgrades considering the amount of acerage they are holding in that region.

China which currently dominates the global Tungsten market is limiting supply which will mean Hazelwood will get a solid price for its product. Expect rerating for this one as it moves to producer.

http://www.businessweek.com/news/2010-03-16/china-halts-start-of-new-tungsten-rare-earth-mines-update1-.html