Blue Moon Metals Inc.

They've got a $450 million grant or investment in preference shares actually from the US government, the Department of War.

They've also got an offtake agreement for their tungsten and molybdenum products to the Defense Logistics Agency, and then of the 450, the Olmec group is putting 150 into Blue Moon, into this tungsten amylobdenum mine, and into the plant that converts the tungsten into a product called ammonium paratungstate.

That's my favorite tungsten investment for the simple reason that it's the best and the most important US domestic asset and it's backed by the Department of War.

So I know that they're always going to have a market for their products.

So that could produce $100 million of cash flow a year.

And I haven't even mentioned their copper asset in Norway and other stuff as well.

So the reason I like Blue Moon, ticker is easy to remember, it's Moon on the Toronto Stock Exchange, is because they've got the best US domestic tungsten asset backed by the Department of War and the Elmwood Group.

They've got a market for their products and they've got a bunch of other assets that come for free.

So you do have to be more selective now, which hopefully that's what we're going to get into here.

And the clues in the title, Blue Moon War Business.

But before we do that, just a quick note out to our listeners.

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But back to the question, Finn.

So have we missed this tungsten rally? The medals are up roughly 1,000% 10 times in a year.

EQ, as you said, has done rather well, and they are the most important thing There's an EQ angle to this new recommendation on having a look at Blue Moon.

Blue Moon is the most important future tungsten producer, part of the U.S. defense industrial base.

That is about sixty-eight company updates.

New coverage included Hycroft, First Phosphate, Blue Moon Metals, Telamors Coffee Gold, Awal, Vista Gold, Western Copper and Gold, Q2 Metals, and Antimony Resources.

Behind those names came drill programs, individual observations, resources, studies, ownership interests, and royalties.

The month's clearest development milestone was Osisko Gold Group's formal Caribou construction decision on September 14th.

American Pacific Mining trades on the CSE with the symbol USGD and on the OTCQX as USGDF.

Blue Moon Metals has reported the second highest grade tungsten assay in the history of the Springer mine in Nevada through its ongoing historical core re-logging campaign, with drill hole 30 returning 0.3 meters of 7.82% tungsten trioxide from 183.5 meters depth.

That's a sample from the 1977 hole that was never assayed until the current team identified it this year.

Springer is backed by a $150 million to $175 million investment commitment from the Elmet Group and EQ Resources announced in September, and major shareholders include Tech, Oak Tree, and Wheaton Precious Metals.

Blue Moon Metals trades on the Venture Exchange with M-O-O-N and on the Nasdaq Capital Market with B-M-M.

And District Metals has commenced diamond drilling at the Viken property in Jamlott County, Sweden, targeting two large mobile MT conductive anomalies that are stronger and more extensive than the signature of the Viken deposit itself.

The Viken deposit contains the world's largest undeveloped uranium mining resource, along with significant uranium.

You buy a bunch of shares or short shares before your negative report goes out, and then you try to make money that way.

A couple of companies, Blue Moon Metals, had to address this as well as AYA Gold and Silver had to address this.

They were the target of short reports.

And then I know the AYA Gold and Silver CEO said basically like this group, they shelter themselves, you know, offshore, domiciled.

One company downstream that's been in the news a lot lately and you want to have on the radar is the Elmet Group.

This is a downstream player that's received $450 million from the Department of War here in the U.S. to build a domestic tungsten supply chain with Blue Moon Metals and EQ Resources.

Elmet has also recently done deals with Massan Hitech and Tungsten West to spread out its global footprint.

One word of caution.

So this is significant because it gives those mines a lot more certainty, long-term certainty, and it provides a basis then for more capital investment to increase production and increase processing at sites.

With the Mount Carbine tungsten mine, I believe it's run by EQ Resources, the deal they've struck with US companies, the Elmet Group and Blue Moon Metals, I believe it's been reported that that resource will be used for things like missile guidance systems, fighter jets and submarines.

Why would the US want this resource to do that?

So they would want it because it's not easy to get tungsten, to find tungsten.