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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

Post by chizzleson Feb 16, 2023 7:36pm
159 Views
Post# 35291129

Volume

VolumeYesterday's ASX volume of 112K shares was the most single day amount since June 14, 2022. Follow that with 130K on TSX and 95K on OTC today, a combined total of 337K which is high volume for Almonty. Also brought the SP up to $0.80 CDN, up $0.07.

Pair that with LB's spending of almost half a million dollars of his own money yesterday.

Maybe the higher volume is insiders helping to fast track the sale of Dundee's shares to themselves? Hoping to see some insider buying in the next couple of days.

Or it is all wishful thinking on my part lol
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