Almonty Industries Inc T.AII

Tungsten

[TELEMARKER]

Nuclear fusion reactor in South Korea runs at 100 million degrees C for a record-breaking 48 seconds (msn.com)

[rockminer56]

Tungsten price (MTU) increased by $2.00 yesterday, which is the 5th small increase in the last few months.The total of all increases would probably amount to 3-4 %, and while this is small, it bnecomes significant when you are dealing with hundreds of tons of the material.  This would collaberate what Lewis was stating in his last IIF speech that they expected the price for tungsten to

[whoisyourpapa]

Almonty's relationship with the German State Bank KfW-IPEX continues to strengthen. During September 2019, the Company restructured its existing debt with the UniCredit Bank AG such that the then-existing term and revolving loans, with a total principal amount of approximately US$13,716, was rolled into a new restated term loan with a principal amount of $19,841 (US$15,650).  The

[whoisyourpapa]

LB claims that Tungsten price trails Copper price.  Today copper hit a new 52 week high of $4.25 https://www.google.com/search?q=copper+price+chart&sca_esv=6c300049f602ecc4&rlz=1C5CHFA_enCA860CA860&sxsrf=ACQVn08M0RKVzf95TnCdBgVSLFLwSqecvQ%3A1712254217879&ei=Ce0OZvimNYP70PEP8dmj8AU

[corton68]

tunsgten price moved up last friday 300 - 325 to 305 - 327 which is the first time weve seen a rise in a while

[whoisyourpapa]

Nie to see that appreciation in Tungsten price. In other news short postions on this stock have jumped up by 140K shares.  Short positions are now the highest they've been in a year FWIW In a way its mind boggling as we are on the cusp of opening up the Sungdong mine but then again investors don't have clear proof of what's happening on site which may be the cause of this short

[GastownGuy]

why do we continue to see long time holders with large positions exiting this stock? first the mystery european investor that was not part of their "inner team", then dundee, and now another mystery european investor. the selling pressure has been non stop and even with the unending positive spin from black the share price simply cannot handle the downward tug of cheap shares for sale

[TwelveBagger]

I had begun to assume Dundee and the two mystery European investors could be the same position sell off

[Ilovegame]

No mine building, no upwards. PPT & Interview etc does not work. 

[corton68]

telemoron should his axe somehwere else.

[corton68]

and you ilpovegame should join telemoron too - just here to spew misinformation consistently. Your record speak for itself

[5ilverlining808]

My first thought is Tiger K, a Korean banker that hates Western invovment is a possible bad guy. Can  he set up a European investor base with no conection to Korea ? Very bad history with this one starting in the Woulfe Mining Corp days to the Almonty days. Of course this is just a thought.

[cubesoftungsten]

Well they've got 100k on the ask but there is another ~100k on the bid that has been creeping up the last few weeks (now at 0.60-0.61) and another wall at 0.57.

[QuarterDollar]

you guys might be reading too much into it.  The financial market is facing a storm that has already started. Inflation is not under control, and that puts pressure on interest rates. This storm will affect everyone and take several years to clear, hence the sell off may be related to someone rebalancing their portforlio.

[TwelveBagger]

  I typically agree with your posts but tend to have a more positive outlook on near term inflation and interest Let's just make some good returns already!