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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 chizzleson Sep 07, 2021 7:28pm
236 Views
Post# 33823026

RE:Interesting Trade

RE:Interesting TradeAnother interesting single trade today of a little over 300K shares, and a total of 415K shares traded today.

Not sure what this means, but I think in the past few weeks, there have been 3 or 4 single trades of between 200K and 300K shares. 

On one hand, someone is willing to give up those shares yet on the other hand, someone is willing to buy them. So it is clearly a predetermined trade. I think it is also linked to the fact that the SP is being held around the $0.95 mark.

I am expecting a news release tomorrow on the balance of the financing, followed by a quick enough uptick to the $1.20 range.

This is all just fun guessing and speculation on my part.


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