Almonty Industries Inc T.AII

Alternate Symbol(s): ALMTF

Metals & Mining Industrial Metals & Minerals

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.

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Almonty Industries Inc > IIF Update

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Comment by QuarterDollaron Feb 17, 2023 1:36pm

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Post# 35292501

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:IIF Update

Not to long ago at one of the IIF, LB answered a question stating that shareholders will be rich.
Well I don't see it and wolfry is right. It has to be north of $7 to make any serious difference for most shareholders because $1M to $2M is not rich. It just gets you by in retirement (especially when you factor in health costs).
For this stock to make any difference to shareholders, LB has to increase the number of mines which is one of the questions I asked at the IIF is are there any plans in the works to increase Almonty's growth outside of the existing portfolio?

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