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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 chizzleson Jul 21, 2023 5:26am
130 Views
Post# 35551005

RE:RE:G6M first shipment

RE:RE:G6M first shipmentI think we also need Almonty shares to go up a little for the investment community to have confidence. I don't think too many investors/firms even look at shares that trade at $0.60. If we are at least at $1.00 more people may start paying attention. 

We also need to prove that we can get up our share price and stay there, not just drop right back down after a few days.

I personally have full confidence that we are going to get where we want to be, but it is the share price that is continuously frustrating for me. I'm sure that other investors feel the same, so I think that is alo part of the problem.

If we were the exact same story, same place in construction, a $75 million loan with a floor for sales, but trading at $1.50 or $2.00, we wouldn't have the same thoughts as we all do now.

It's all about the share price at this point.
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