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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 > Todays Drop
View:
Post by Deschenes on Jan 25, 2021 4:36pm

Todays Drop

My guess is the price is down to provide an average of .75 cents to complete a further financing of some sort.
I also think the price will go up and stay up , when its time for the acquisition of another mine.  This has been mentioned a few times and will probably occur, with an "all stock" purchase, as there isnt that much surplus funds in the kitty.  All funding is probably required for Sandong which is the priority, There is something in the wind for Mr. Black to have mentioned further acquisitions in several recent news releases.   Stay tuned!
Comment by Zamasu on Jan 25, 2021 9:57pm
I see this point mentioned a lot for price drops, but is it really Almonty's doing for bringing the price down?  I see about 8 different firms that make up 85% of the volume of the stock (in the TSX) every day and the occasional Anonymous buyer/seller Unless they're somehow colluding with all those different firms barring Integral Wealth Securities (they help provide ...more  
Comment by outerspacea on Jan 26, 2021 12:51am
Way to many good things happening...financing in place and now with another stock exchange listing coming soon. Share price should be going up!!
Comment by whoisyourpapa on Jan 26, 2021 1:11pm
Nice to see the uptick in volume in the new year! Let keep the streak goiing of 1 NR per week since beginning of the year. . . whois
Comment by whoisyourpapa on Jan 26, 2021 3:31pm
Are there quaterly financials due out at the end of this month? whois
Comment by Zamasu on Jan 26, 2021 3:35pm
The last quarterly financial was at November 16. The ones before those were September 28 and June 29 I estimate it would be around Mid-February then
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