Almonty Industries Inc T.AII

Alternate Symbol(s): ALMTF

Metals & Mining Industrial Metals & Minerals

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

Almonty Industries Inc

Bullboard Posts

Comment by sage4huson Oct 12, 2015 7:12pm

135 Views

Post# 24185475

RE:ignoring bay street sharks and venture speculators

As a comparison I would point to WOLF minerals. WOLF has only one mine in UK, just started production and it is actually smaller than Sangdong and they are already worth more than 200M.

Their MC is $230 mil as of today. Can I say by the end of 1H in 2017 when mine opens the value of Sandong mine itself can be $ 250~300 mil.
MC of WOF was about $20 mil right before the merger. The valuation was for the rocks without funds and good managements I guess.
Can we make 12x now from here as Black said he can build the best tungsten mine in the shortest time. Maybe 6x due to the merge with ALL and additional listings.

Bullboard Posts

Level up your trading with BMO InvestorLine’s enhanced features