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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

Post by Descheneson Jan 25, 2021 4:36pm
264 Views
Post# 32378678

Todays Drop

Todays DropMy guess is the price is down to provide an average of .75 cents to complete a further financing of some sort.
I also think the price will go up and stay up , when its time for the acquisition of another mine.  This has been mentioned a few times and will probably occur, with an "all stock" purchase, as there isnt that much surplus funds in the kitty.  All funding is probably required for Sandong which is the priority, There is something in the wind for Mr. Black to have mentioned further acquisitions in several recent news releases.   Stay tuned!
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