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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 lonadeon Feb 08, 2022 11:08am
129 Views
Post# 34408615

RE:Pullback

RE:Pullbackthat's the irony here...we have the ignorant horde pilling into artificially pumped NR's of mediocre junior miners. cheering at useless resource updates or similar early stage updates.

but if a company closes the best financing in the whole industry with the biggest deal ever signed on the TSXV (if i recall correctly we were on the venture when the 500 mio offtake was announced); reflecting a never before seen offtake agreement with a minimum floor price to allow the company to make profits in any commodity cycle...then it hardly moves the needle LOL

this is the problem of the junior mining world...the extreme low quality of the average investor combined with the financing sharks and manipulative institutions.
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