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Tungsten Corp – another miss, this time on the sale of Tungsten Bank…

By Steve Moore | Tuesday 1 November 2016


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Previously updating on Tungsten Corp (TUNG) in September, as it claimed “a positive start to its new financial year ending 30 April 2017” despite guidance not being exactly good, I also noted the company’s update that “the sale of Tungsten Bank is advancing as expected and we continue to expect the sale to complete by 31 October 2016”. There is today not a sale announcement though, but an “Update on Sale of Tungsten Bank”. Hmmm…


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