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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 Sep 14, 2023 1:39pm
153 Views
Post# 35636515

RE:RE:RE:RE:RE:RE:RE:RE:$0.43

RE:RE:RE:RE:RE:RE:RE:RE:$0.43
whoisyourpapa wrote: Is the nightmare actually over?  Up 14% today. . .

Dont become too enthusiastic with a pittance of .05 to .08 cent uptick, as there is absolutely no news or rumours to support an increase---, anymore than there has been any news to support what has basically seen  a collapse.in price.
This is all on Mr. Lewis Black, who has sat paralyzxed while the price fell apart., (while Rome burns)
Perhaps he spends all his time looking at the figures to "make sure it is all on budget", while the rest of his shareholders are interested in controls but not fixated on "the budget". 
An overun of $5. -10 Mil would be insignificant in the long play, if the ore is there, and if it would get the dam n mill built and operating.  If penny pinching is the issue.
I know....he did say the mine would be up and going in 2024.....but in the same speech in May 2023 and many others, if you listen closely what he says is often right but it is what he does'nt say specifically that counts   ,Around 10.o6 am to 13.35 am in his speech
One example- - - in the May 2023 update and on utube, he says 99% of all equipment from Metso has arrived.......final drive expected....scalping begun.  HURRAH  HURRAH    ,........
However  he does not say that equipment from Turkey ..other countries,   eg.screens  have not only not arrived but are apparenty just ordered.  A video on website in May 3 or 5th shows scallping underway on site in April ..so why , months laster, do we hear scapling being inspected at the end of July do we hear it is being finalized. With the almost same photos as in May 5th video . 
Most of his stuff , while accurate sometimes....is misleading because of what he doesnt say..  Before you take anything he says as being positive and or Gospel..do some digging and cross reference it!
I am appalled at what I have invested in and would dump, ex0ect there is a possibility I might get out.in coming months.... "The Last Fool In, concept" might help me get rid of stock....
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