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.

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Almonty Industries Inc

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Comment by chrisp6712on Nov 23, 2019 2:39pm

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Post# 30385643

RE:RE:RE:RE:RE:Share Price

Tax loss selling with this stock is risky since so few shares are traded causing fairly wild share price changes with low volume. The US market ALMTF traded on 36 shares Friday resulting in a 2.59% increase in value. Someone spent less than $17.00 US for the only trade of the day. It wouldn't take much to have Almonty shares rise 20% in one day which would negate the tax loss strategy. If financing comes through before the end of the year investors would be wise to not use a tax loss strategy with Almonty.

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