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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 Mar 18, 2023 7:59pm
346 Views
Post# 35347201

Hopefully this week?

Hopefully this week?Now that it seems like Dundee has sold all of their position, I'm hoping that we can get to "pre-Dundee selling" prices.

There hasn't been any real news releases in months. In the past six months, there was a NR on warrants, and another on the 2 million that was raised because somebody wanted to add to their position cheap lol. Prior to that, the last NR was 4 months ago, about the 3rd Sandong drawdown, which isn't really a NR either.

I'm hoping (and guessing) that they have been holding real news to themselves until Dundee finished selling as it would be a waste to use up a NR when they know that it wouldn't make a difference of the share price.

Now that I think we are there, it wouldn't surprise me that we get an important NR this week, and without resistance, get the share price back to where it is supposed to be. I added to my position this week in anticipation to the share price going back up quickly.

We are already 3 1/2 months into 2023, time is passing quickly. The fun stuff is just around the corner!

Side note: I didn't know that Ned Goodman died in August 2022. I think that is around the time that Dundee decided to start selling. Is it possible that he was commited to Almonty but his sons weren't?
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