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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 Descheneson Jan 20, 2022 11:49am
198 Views
Post# 34337667

RE:RE:RE:RE:RE:RE:RE:RE:Communication from Almonty

RE:RE:RE:RE:RE:RE:RE:RE:Communication from AlmontyI agree with Lining...  Dont forget that they reported in the fall that there was over 50 employees, and that number was scheduled  to increase.  I dont believe they have these employees sitting around doing nothing, and I dont believe they would disassemble a traineed workforce..  They will probably have a crew ready to go when the machinery is delivered.  They probably have the concrete platform already underway or completed.
They also raised $3.9 million in November so there have been funds in the Bank to continue work.
Like others I think there will be a number of strong news releases on a regular basis, starting very soon?.
If not, perhaps Lewis could offer us a small new flash like.....2 owls were seen sitting on the
entrance adit, which is considered a good omen. 
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