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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 1dollarinto2on Oct 08, 2023 2:40pm
233 Views
Post# 35675290

Not a Token Purchase

Not a Token PurchaseI have seen CEO's and insiders make token share purchases of different companies before. There are many explanations for token purchases, not always positive.

The share purchases by Lewis and Daniel are not token purchases!

Lewis and Daniel putting $500,000 Canadian each into Almonty proves to me the company is going in the right direction towards production and will be valued significantly higher in the months to come. I've been consistently optimistic and for me this investment at this time is important.

I'm pleased that the people who know most Sangdong decided to invest significant amounts of their own money into Almonty at this stage of construction. My only complaint is I'm jealous I didn't have the connections to put dollars in at this price with warrants.


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