Almonty Industries Inc T.AII

thank goodness

[GastownGuy]

lewis isn't even more of a genius ceo. otherwise we might be sitting below 50 cents.as it is, it seems like that is inevitable anyway

[chizzles]

Pretty much a million shares sold the past four days on the TSX which is extreme high volume for Almonty. Oddly seemed to follow that day where there seemed to be lots of shares sold every 5 minutes that was pointed out by somebody on this board. Seems like a large holder wanted out.

[QuarterDollar]

We will be in a global recession within the next 4-6 months. Everything will be impacted. 

[blueskies]

Well the share sale wasn't me, and I can't say I understand it or can even put together a good guess. Almonty is now trading a bit more than 25% down from where it was a year ago, a year ago when the financing was nowhere close to being complete, Almonty had yet to announce the increase in initial production, and there was no talk of downstream or other projects. A year ago when I believe

[whoisyourpapa]

Don't like to see this either but company fundementals have not changed and none of the selling is from insiders. This will either be just a blip or we'll get some clarity on it soon  Dissapointing to see this at this stage though. . . whois

[TechOne]

Right.. It is what it is.. No idea but since I am not trading the shares, I will just hold as mentioned before.. At least another 2-3 years.. Still d a m n annoying though.. 

[5ilverlining808]

Wht does ASX stay steady ?

[5ilverlining808]

Why not Wht. Also we are due for another Sangdong update. We know the undergroud is good, As usual (for me) it is the process plant that needs to be addressed as far as progress in build. That is the next step that will make this a goer for all.

[lonade]

@TechOne agree it is frustrating, but we are holding within (a very frustrating :-)) pattern. Nevertheless, if you look at the bloodbath around us, we are still ok. was planning to sell a bit recently to reschuffle the portfolio a bit, but refrained due to the drop, so also not me. last time i sold is at 1,2 CAD levels...had to take that lovely opportunity.