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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 edmedon Aug 18, 2023 9:52am
145 Views
Post# 35594650

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

RE:RE:RE:RE:ALMONTY INDUSTRIES: APPROX. 70% ALREADY FUNDED - WHEN WILL ?Been here since oriental Mining which was even before Woulfe Mining !!!
Have a ton of shares and still in the green despite this downturn in share price.
I am as dissapointed as most in the share price but it be just be as simple as a general Bear Market in Junior Resource stocks which has gripped the sector for over a year.
This bear market may turn itself around in the first quarter of next year however.  We should see a better share price at that time.
For now it would be a mistake imho to sell at these levels.
At this stage I would be a happy shareholder with a takeout offer north of $1.20 but that is a long way off

edmed
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