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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 Nov 14, 2022 9:40am
205 Views
Post# 35096232

RE:Recent pressure on the share price

RE:Recent pressure on the share price
lonade wrote: was doing some DD lately and was thinking who could be selling all those shares.

cant be one of the bigger players in europe (i know lewis has been saying its someone from europe BUT) since they are all to benefit from the success of the company on the long term and it has to be someone with a seven digit holding.

So Dundee came to mind...everybody had big hopes in them. Those that were invested in the Woulfe days will also remember.

But it turned out that they have been quite useless for the company and a complete disappointment.

I looked into their financials in Sedar. Just take the MD&A from 11 May or 10 Aug 2022, those show 4,459,500 Almonty shares.

Since the selling started after those reports, I am certain that the upcoming financials will show a significant reduction of shares by at least 1 mio shares.

It cant be anybody else....

The question I have to Mr. Jonathan Goodman (any shareholder with some spare time could call him...), la familia appeared to be such big supporters, so why sell now? is it because they were left out completely on the financing and are holding a big grudge against management? 

lets see if my speculation is confirmed with the upcoming financials.





well its confirmed that it was them LOL.....

the latest MD&A (Page 19), published 11th Nov,  shows 3,553,000 shares compared to 4,459,500 previously

the MD&A can be found under SEDAR



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