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Almonty Industries Inc T.AII

Alternate Symbol(s):  ALMTF

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 the evaluation and expected re-opening of its Sangdong tungsten mine project located in South Korea.


TSX:AII - Post by User

Comment by lonadeon Jan 15, 2021 2:58am
284 Views
Post# 32304023

RE:RE:In general, stock price up = good.

RE:RE:In general, stock price up = good.well said guerreiro!

the returns on the tungsten by itself at Sangdong are mind boggling!

now you have a massive moly deposit (to be fully factual, the extent of the resource still needs to be reconfirmed) below that, which can be mined with very little additional CAPEX. you would have shareholders usually going crazy just for one of the two alone. let's not forget all the other mines which would usually be owned by one or two separate junior mining companies...

with all this, we are sitting at 0.85 CAD with below 200 mio shares outstanding. 

please give me any junior (not for long) miner anywhere on the world that has comparable excellent fundamentals for shareholders...
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