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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

Post by guerreiroon Dec 06, 2020 6:32pm
260 Views
Post# 32046898

Good level of confidence in the project

Good level of confidence in the projectOnly the dots have to be connected !!!!!!!!!!!!! which of the following will be.???????

Financing arrangement; perhaps the price has to remain at this level until finally signed. (maybe)

Partnership or takeover ; possible, but with whom ? chinese that can not be trusted. NO, Korea would not allow it.

Nationalization by the korean Government ? NO

Go private; do Insiders own over 50% of the stock, Lewis Black 19.7%, Global Tungsten 15.19%, Deutsche Rohstofffac 13% and a few other directors 12%. ? possible (but u
nlikely) 

Is it possible that Ned Goodman is trying to bring IMC into the picture ( they have a large tool plant close by. IMC is a subsididiary of Warren Buffett Berkshire Hathaway, this was tried before but all fell apart.

OR; Things will just remain the same with insiders building their positions with cheap stock. Luis Black is not different today to when I talked to him around 10 years ago about AImonty. (not a stock promoter only a tungsten tech) I am not knocking the company, just bringing things into prespective.

Expressing an opinion on what lies ahead and looking for views of others.



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