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Almonty Industries Inc T.AII

Alternate Symbol(s):  ALMTF

Almonty Industries Inc. is a Canada-based company, which is engaged in the mining, processing and shipping of tungsten concentrate, as well as the exploration and evaluation of its projects. The Company operates through four segments: Los Santos Mine, Panasquiera Mine, Valtreixal Project, and Woulfe. The Los Santos Mine is located in Spain whose operations relate to the exploration and mining of Tungsten. The Panasqueira Mine is located in Covilha Castelo Branco, Portugal, whose operations relate to the exploration and mining of tungsten, as well as the production of copper and tin concentrate by-products. The Valtreixal Project is located in Spain whose operations relate to the exploration and evaluation activities of the Valtreixal tin/tungsten project. Woulfe’s properties are located in Gangwon Province, Republic of Korea. The Woulfe's operations relate primarily to the exploration, evaluation and development of the Sangdong Project.


TSX:AII - Post by User

Bullboard Posts
Post by GaiusGermanicuson Sep 17, 2015 3:11pm
142 Views
Post# 24113232

Current valuations . . . .

Current valuations . . . .Would have the breakup value of Woulfe higher than what its worth now in Almonty stock.  Hopefully this panic will subside and someone wills start doing some math.  Meantime, if Tumgsten prices are going to pop the way I suspect, this is a chance to get in on it fairly cheap.  All that new military hardware being built in Asia, including the Korean successsor to the K-2 tank, is going to need a great deal of tungsten.  And, if they EVER decided to build ITER, well, they'll need tons of the stuff for the diverter plate.

Bullboard Posts