RE:RE:RE:RE:New Press Release - Almonty Placement of Common Share Units and CDI's raises C$500,000, US$733,333 and A$550,000I have to admit, I'm a little surprised that this was released after hours on a Friday going into a long weekend. Usually Almonty will post their positive news early in the week, and only the financials where we lose money on Friday after hours.
Mr. Black investing half a million of his own money, along with Daniel D'Amato is more of a positive sign for us than an actual update on progress imo.
I wouldn't be surpried if there is more business to take care of at these prices. Reminds me of 2017 when the price suddenly dropped and Lewis put $5 million of his own money at $0.30, I think DRAG put in millions at a low price, and possibly a couple more. I wouldn't be surprised if DRAG gets involved here also.
After a couple of months of silence, this is the best way to break it. I'm quite certain that once they get business out of the way, the news updates will come fast, and the share price will go up quick.
How many of us will now add at these crazy low prices when markets open next week, know that LB just added a half a million dollars worth?
Plus the IIF Tuesday morning, we will see what LB has to say.
I'm really looking forward to next week.