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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 rockminer56on Jul 06, 2023 11:01am
220 Views
Post# 35529175

3RD QUARTER-2023--BID....57 cents

3RD QUARTER-2023--BID....57 centsThere was a time a few years ago when production was anticipated to start this quarter.
 (pre covid)   Here we are in July 2023 with no info and stock languishing at under .60 cents where it was at one point in 2017-2018-2019-2020 et al
We have a $100. mil. mine that should be well under construction, and the web site (in case an investor was doing dd) and it shows May 12 statements,....May 15th opening Los Santos -Good), then something about crystals taken from Panasqueira. Who Cares!!  Where is update and photos?
Is there something we don't know??  Is it unease with North Korea?
-On the good side the volumes are starting to pick up with 67 thou both 6th and 7th, and 57. today.  Even the Aux market has come alive with 67 and 79 thou traded last 2 days where most days there was no trading. Stock on Aux is about .54 cents can....Somebody know something or guessing???
-also APT has been really steady at $325.us$ for months, providing stability for this mineral .
Perhaps Management has been waiting for major progress on such things as construction, news on downstream product developments, further draws against credit line.  If such news was released early perhaps they afraid of interest developing , then slowing without profits.?
Lets get something going now..my guess is NR next Tuesday.   (I hope). Long suffering shareholder.
Good Luch to all longs
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