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Bullboard - Stock Discussion Forum Almonty Industries Inc ALMTF


Primary Symbol: T.AII

Almonty Industries Inc. is engaged in the mining, processing and shipping of tungsten concentrate from its Los Santos tungsten mine located near Salamanca, Spain, the processing and shipping of tungsten concentrate from its Panasqueira tin and tungsten mine in Covilha, Castelo Branco, Portugal, the evaluation of its Valtreixal tin and tungsten mine project located in Western Spain, as well as... see more

TSX:AII - Post Discussion

Almonty Industries Inc > 183,000. sh. traded so far!
View:
Post by rockminer56 on May 13, 2024 10:23am

183,000. sh. traded so far!

That is todays trading so far, at 10.17am this am.   In addition another 600,000 at the bid between .60 and .64.

That in itself is great, however, the significance is that the "First Quaarter" results are coming out either Tues or Wednesday, (probably) and the buying is finally in anticipation that the secrets will be coming out.  The NR that accompanies it awill plrobably flesh out a lot of what we have been guessing at for months.

We are in for some very good times over the next few days.
Comment by whoisyourpapa on May 13, 2024 11:26am
Yup my impression of what the company has been doing in the last few weeks is that they've been tying up lose ends before getting the ball rolling with all kinds of positive updates and good news.   Q1 might be the start of that good news or the last piece of the puzzle whois
Comment by cubesoftungsten on May 13, 2024 11:30am
There is so much pending, anything less than a substantive update at this point will not be positive. Off the top of my head, we need to know: What is happening with the remaining drawdows from KfW, an announcement was "imminent" weeks ago but nothing, are they having issues? Is the start of mining still on track for September? Where is that agreement with the EU that was ...more  
Comment by whoisyourpapa on May 13, 2024 11:55am
1.I think drawdosn 7 & 8 are probably done and this might be mentioned in the Q1 results.  The company has done this before.  I don't think there are any issues personally. 2. Everything on track as of April 17 IIF I doubt things could have suddently slipped back by any substantial amount in the last 2 - 3 weeks 3. Agreemen with the EU was said to be 8 - 10 weeks away at the ...more  
Comment by Ilovegame on May 13, 2024 12:43pm
Well said.  There is reasons the unhappy shareholder keeping on selling.
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