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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 5ilverlining808on May 08, 2022 9:00am
179 Views
Post# 34665248

RE:RE:RE:RE:RE:RE:Inflation

RE:RE:RE:RE:RE:RE:InflationThe more I think about it, I would say Lewis did put his hand up to talk about this, as well as past talks.

As QuarterDollar pointed out :-


  • "This is the behavioral quality you would want to see in a CEO. Someone who is capable of ruminating on the large issues that can have an impact on your business. LB definitely is a higer caliber of CEO. "

He has offered his insights. predictions and more that I see no fault in.
A very smart move for exposure.
What do the people see while reading these articles ?
- Lewis Black
- Almonty Industries
- Tungsten
- Sangdong South Korea

A free marketing ploy for a few sage comments.
Brilliant once again by Lewis.

But.....and this a big BUT, is all this talk on inflation and supply chains directly impacting Sangdong build out ?
No NR's for too long.
Are the local steelworks short of coking coal, iron ore ?
Are the concrete contractors in the same position ?
Are there problems with the power supply and computors that need chips to run the plant ?

It is way past time for answers, and one of my work colleagues from the Woulfe days called me two weeks ago to ask how to sell his shares.

It was not that he thinks this project is bust, but that he is very old and will not last the distance time-wise for his returns.
I tried to ask him to hang on for two years to make a small profit.

The sad part is.............




 

 

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