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Bullboard - Stock Discussion Forum 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... see more

TSX:AII - Post Discussion

Almonty Industries Inc > In general, stock price up = good.
View:
Post by GaiusGermanicus on Jan 14, 2021 10:59am

In general, stock price up = good.

However, I sort of have this rule about not letting any one stock become more than half my portfolio value, so . . . As long as the price hangs out above $0.60 US I can't buy anymore :-(

Bummer.

Stuck at 235,200 shares until I win the lottery or something.

If I do hit it, however, I'm buying the whole stinking company.
Comment by guerreiro on Jan 14, 2021 4:53pm
" GaiusGermanicus) Nothing wrong with being optimistic; this baby should be over $1 soon. Apparently there is so much Moly below the Tungsten veins that this baby could one day be trading at over $20. Patience; hang on to your stock.
Comment by lonade on Jan 15, 2021 2:58am
well said guerreiro! the returns on the tungsten by itself at Sangdong are mind boggling! now you have a massive moly deposit (to be fully factual, the extent of the resource still needs to be reconfirmed) below that, which can be mined with very little additional CAPEX. you would have shareholders usually going crazy just for one of the two alone. let's not forget all the other mines which ...more  
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