Eric Lipton
speaker
759 appearances
6 recordings
4 series
first heard Feb 2025
last heard 5 Aug
Eric Lipton’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 2 in all, peaking in Aug 2026 with 1.
Appearances
And suddenly you could see that the stock takes off and becomes much more valuable.
And then you can sell those shares and walk away.
And you haven't even dug a single ton of tungsten.
We actually don't because we don't know how big their stake is.
And my impression is they are a minority stakeholders.
They own a very small share of the overall deal.
But, I mean, what the overall mining company has said is that they think that there's as much as $80 billion worth of tungsten in the ground there to dig out.
And they're only talking about a project that's going to cost $1.6 billion to actually do.
So, you know, that's a big margin, assuming that they can get all that tungsten out.
But the fact of the matter is that since our story came out, the stock of the company that's associated with this mine has actually gone down.
And there's a lot of scrutiny right now of this deal.
There's also a question mark as to whether or not they're going to get the federal funds.
We've heard, in fact, from some people with inside the federal government, they're quite skeptical of this deal and that their arms are being twisted by Lutnick, who wants to get it done.
So how much profit is going to be made here?
It's still a bit of an open question.
And we have actually kind of
So maybe not the sure thing it looked like a few months ago.
So Howard Lutnick, before he was Commerce Secretary, he ran a company called Cantor Fitzgerald.
And Cantor is an investment bank that helps private companies raise money.
And one of the business sectors that it works in is critical metals.
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