Mining Co. Finds High-Grade Tungsten with Massive Upside
- •Hey everyone, Just read this article about Rackla Metals and their high-grade tungsten discovery in the Yukon.
- •Tungsten isn't something I've typically followed super closely, but the "massive upside amid soaring global demand" part definitely caught my eye.
- •Usually, that's a huge hurdle for these smaller plays, so it reduces some of the initial risk.
Hey everyone,
Just read this article about Rackla Metals and their high-grade tungsten discovery in the Yukon. Tungsten isn't something I've typically followed super closely, but the "massive upside amid soaring global demand" part definitely caught my eye. I’ve personally been burned a few times chasing junior miners, so I'm always a bit cautious, but the mention of existing infrastructure sounds promising. Usually, that's a huge hurdle for these smaller plays, so it reduces some of the initial risk. I'm trying to diversify my portfolio a bit more beyond just the standard tech and REITs, especially as I get closer to thinking about retirement planning for my kids and myself.
On a related note, my wife and I were actually looking at some RMD calculations for our retirement accounts the other day – it's crazy how fast those years are approaching! If anyone else is in the same boat, I found a pretty useful tool for that over at Gold IRA Blueprint that helped us wrap our heads around it. Anyway, back to Rackla.
What are your thoughts on this? Does anyone have experience with tungsten as a commodity play, or with Rackla Metals specifically? Is this just another speculative junior, or could there be real potential here given the demand and infrastructure? Always appreciate hearing your insights!