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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 Tungrideon Sep 03, 2021 11:26pm
242 Views
Post# 33813969

RE:RE:Reverse stock split?

RE:RE:Reverse stock split?

I'm definitely not saying your wrong whois, but that seems counterintuitive. Based on the piddly volume we see, it seems there is a demand problem for our shares. My thought was that if the shares become available to large buyers outside of the insider crew and us long-term holders, then demand goes up and the share price does too very quickly.

To clarify, your thought is the float is too small? More supply would push price down, no?

Ive got super strong conviction in Almonty and I've been holding and building my position over 5years now to 60k shares avg price $.68CAD. Just sucks knowing the price is the same now as two months after I started buying!

 Sometimes I feel impatient with our up and down cycles and knowing every time we hit a new high, we then drop 20%+. We all could have multiplied our money if we sold at every new high and the bought back in a couple weeks later. The cycles have been so predictable.

im hoping this set up is like Tesla last year, 5 years flat and then a huge breakout once the mine is actually in progress and risk is gone.

let's go!!

 

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