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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

Comment by whoisyourpapaon Feb 01, 2021 3:27pm
236 Views
Post# 32439101

RE:RE:RE:RE:ALMONTY INDUSTRIES - TUNGSTEN GOES TO AUSTRALIA

RE:RE:RE:RE:ALMONTY INDUSTRIES - TUNGSTEN GOES TO AUSTRALIA5ilverlining808 wrote:

I started working for Woulfe in 2012-13 at their request.


Out of interest Whois, can you tell me what the main milestones, achievements were that occurred from 2006 to 2012, and what made you stay ?
You seem to be the longest longs lol.
Very tenacious or just playing a long term hunch ?
And what does the old $3.00/share then now equate to ?.

Very interested to compare the past to the now, and your thoughts on that.
TIA.

5silverlining: I don't remember exactly what it was about it back in 2006 but I know that at various times during my time with this stock I have wanted to get out and be done with it but every time I tried to not let emotions make my decision and instead look at the fundementals again and decided that way, which is why I'm still here.  For better or for worse :-)

Not sure what the $3/share would equate to now (and I never bought nearly that high) especially since essentially having our shares rolled back when Almonty took over Woulfe.  However after Almonty bougtht Woulfe and while it was trading in the $0.25/share range I made my biggest investment in this play.  So much so that my investment in Orliental Minerals/Woulfe mining became almost irrelevant.  If other people coming from the Orlental and Woulfe days didn't do the same averaging down I don't see how you'll make money on this play.  I hope everyone form those days averaged down for their sake

When I made that move I did so makeing myself 2 promises:

1. That I would never buy another single share in this play
2. That I would see it through until the end even if it meant losing my whole investment.

I've kept to and plan on keeping to those 2 promises

whois
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