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Almonty Industries Inc T.AII

Alternate Symbol(s):  ALMTF

Almonty Industries Inc. is a Canada-based company, which is engaged in the mining, processing and shipping of tungsten concentrate, as well as the exploration and evaluation of its projects. The Company operates through four segments: Los Santos Mine, Panasquiera Mine, Valtreixal Project, and Woulfe. The Los Santos Mine is located in Spain whose operations relate to the exploration and mining of Tungsten. The Panasqueira Mine is located in Covilha Castelo Branco, Portugal, whose operations relate to the exploration and mining of tungsten, as well as the production of copper and tin concentrate by-products. The Valtreixal Project is located in Spain whose operations relate to the exploration and evaluation activities of the Valtreixal tin/tungsten project. Woulfe’s properties are located in Gangwon Province, Republic of Korea. The Woulfe's operations relate primarily to the exploration, evaluation and development of the Sangdong Project.


TSX:AII - Post by User

Comment by whoisyourpapaon Jul 28, 2023 3:52pm
169 Views
Post# 35562247

RE:RE:RE:RE:Meet Lewis Black

RE:RE:RE:RE:Meet Lewis BlackMy take on what's currently happening with Almonty is the following:
  • The stock is currently consolidating and weak hands are being weeded out.  This is not about any material change with the company.  Frustrating but nothing to be concerend about
     
  • We have not had pictures or construction updates because the consruction is probably a bit delayed when it comes to immediate work like concrete pads etc.  Even if this is the case it does not mean that we are delayed overall as the Q2 2024 timeline for constructiion completion was a conservative one and had "willgle room" in it.  So, no updates because there is not much to report.  Again, frustrating but nothing to be concerned about.
  • To suggest that there is a plan of deflection sounds like way too sinister of a plan to me.  To what end would they do this???  Those articles are just “fluff” pieces designed to have people find them when they google “Almonty Industries” as part of DD.  There is no plan to deceive anyone. . .
     
  • I believe we’ll have a NR updating us on what's happening on site sometime in the first half of August



    As always just my humble opinion. . .

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