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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 rockminer56on Jul 20, 2023 9:12pm
154 Views
Post# 35550806

RE:RE:G6M first shipment

RE:RE:G6M first shipmentThe price didnt go up, but I think they have almost 1 billion shares outstanding, so one couldnt expect the share price to go up as even 5 cents would mean the cap would go up by $50,000,000. I think I have the decimal in the right spot. 
That is a lot of shares so you can expect a rollback 20 to 1 or 30 to one or more, sometime in the future (probably).  I dont follow the stock other than just to review the note that another tungsten producer was starting to sell ore, so these comments are just to pass the time on a dull day.. 
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