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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 Sargonskion Apr 22, 2021 1:29pm
203 Views
Post# 33045862

RE:RE:the buying has started

RE:RE:the buying has started
"You have to take a profit - to make a profit"      nothing wierd about selling at these prices given the stock was much lower just a short time ago .. 

The nice thing for the longs is that these sellers are not many .. only a few having first gotten in through the Covid Drop. 

Then there is the fact that insiders own a huge amount of this stock - and "Plansee" the new to shareholder - Lewis now being number 2 - is not selling ... and Lewis just sold 10 million shares to them putting 10 million in his bank account - so he is not selling either. 

This shold bode well for the immediate future. 

We all have suffered through low volume - and you may have noticed that volume has picked up somewhat.   My hope - how that we are poised to be a much bigger player .. is that some of the institutions will start to nibble - then we will see a nice increase . 


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