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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 26, 2023 1:44pm
168 Views
Post# 35558050

.56 Cents & Counting

.56 Cents & CountingThis might not be an entirely bad thing....if Almonty Management and their market makers have arranged  to clean up an overhang of shares offered that has kept the price down,...or if a larger player is taking a position in the Company.
OR..the Company is trying to clean up the market by arranging for a buyer for overhang , as a prelude to making some announcements, probably next week in early August, and that would be about 90 days since last update
The shares have mostly been bought  through an anonomous broker, so hard to tell.
If it isnt then run for the hills...as we are all in trouble
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