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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 Mar 03, 2021 12:26pm
216 Views
Post# 32705526

RE:RE:RE:All time high...

RE:RE:RE:All time high...the difference to other plays at the moment:

- most of the market buying spree is coming from short term players who have not real interest in the companies. in almonty's case these are more longterm investors that understand the real value of this stock; there is very little flipping/trading ongoing. the majority of players are buying to hold. 

- the company is so massively undervalued based on fundamentals; definitely not just cause some youtube teenagers decide to buy some shares without even knowing how to spell almonty . the companies real valuation will keep increasing as we see progress in the construction, listing news, closing of financing, moly news. this will allow for gradual increases throughout the year.

- what i was not aware of for a long time. we hold the record for the biggest deal signed on the TSXV. i am also not aware of any junior mining company with a 222 mio market cap (i would still consider approx. 200 market cap junior) that is sitting on a 750 mio deal! 
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