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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 TwelveBaggeron Aug 17, 2023 4:06pm
122 Views
Post# 35593653

RE:RE:RE:ALMONTY INDUSTRIES: APPROX. 70% ALREADY FUNDED - WHEN WILL ?

RE:RE:RE:ALMONTY INDUSTRIES: APPROX. 70% ALREADY FUNDED - WHEN WILL ?

GastownGuy wrote: beginning to think that taking this thing private has been the plan all along. management and insiders own almost all the shares. it seems like the only large block they don't own are the ones that the retail investors that came with the woulfe mining purchase got in the purchase agreement. most have since bought more almonty shares to average down their share price, but as a group they seem to be the only retail shareholders in almonty. black and company bought the mine but never wanted the retail investors that came with it.

 

If this is accurate and turns out to be what happens I will go nuclear.

 

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