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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 rockminer56on Dec 07, 2023 10:44am
162 Views
Post# 35772980

Todays Bid & Ask Actual

Todays Bid & Ask ActualThursday Dec. &th  10.30 am
There is some really interesting bid/ask action happening both yesterday and today, and it is unusual.
Today there is a total of 183,500 shares bid at prices ranging from .50 cents to .54. cents

Conversely there is only a total of 29,010 share on the "ask" for prices .55 cents to .59cents.

This is a totally different dynamic to what has existed over the past few months.  Typically we saw 50,000. share or more on the ask at a few cent more than the bid.  That put a real damper on buying in my opinion, as on the days a lot of shares traded, next day the same type of ask would be made.
How could the price increase with that daily overhang. Some days more than 50,000.

What does it all mean??  I think that there are more and more buyers being attracted to the company, and they are having a look, prepared to buy (obviously, from buy orders) at their prices and timing!  .
All it will take is a few more good news  items from Almonty, and ;that should make it go....in my opinion 
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