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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 petropigon Oct 11, 2017 7:37pm
144 Views
Post# 26801979

Ground Breaking - September 26, 2017

Ground Breaking - September 26, 2017
I bought more shares with this milestone in  mind.  Did it happen??  The lack of information, recent trading patterns seems to indicate otherwise.  Being a long term Woulfe/Almonty investor, this reminds me of the Wesson days where there were numerous milestone dates released, deadlines missed, Warren Buffett pumping money into Sangdong, etc, etc.. Are rumours true that the Korean government is looking at pulling the plug on Almonty due to their lack of progress and the Korean government's desire to have control over a resource as important as this which is located in their back yard? I'm just looking to break even.  Comments welcome!
Bullboard Posts