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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 guerreiroon Feb 17, 2021 10:26pm
274 Views
Post# 32592602

*AII*Positioned to be the largest Tungsten supplier Globally

*AII*Positioned to be the largest Tungsten supplier GloballyAlmonty is so undervalued that it is laughable and obviously the insiders have accumulated and supported as much as they could at the low prices, to the point that they now control over .50% of the stock. ( Good for them in trying to stop the Chinese (Evil style CCP of doing business) from controlling the global markets on Rare Earths) ( Over a decade ago the Chinese almost destroyed the WesternTungsten market, forcing most mines to shut down as they flooded the market with cheap Tungsten and Rare Earth metals and many of us were victims and lost fortunes). 

With Tungsten at an all time high and the Korean Mine, being the largest deposit in the world coming on line in the near future, plus the proven large Moly deposit below the Tungsten Mine, this stock could be $5 per share in less than one year. ( If Tungsten prices hold up)

What is really impressive is how management has held the puzzle together and weathered the storm of low tungsten prices for years and at the same time kept Panasqueira and Los Santos operating.

Hoping to see the stock starting to trade in Australian and Korean stock exchange ASAP, which I expect a major jump in the share price from the Asian market. 



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