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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 Appreciation777on Jan 16, 2024 1:00pm
166 Views
Post# 35829415

Sangdong Mine coming to life. $1 /$2/

Sangdong Mine coming to life. $1 /$2/a) Investing in Tungsten is an Insurance Policy in my investment portfolio as the War Machine is demanding Tungsten to produce more Arms as they are being depleted daily in the 3 current wars.

b)  As production is close to starting it appears that a few large corporations in the carbide and tool manufacturing industry that have their plants just down road from Almonty are very interested in Almonty's tungsten and possibly a partnership. ( A few signed agreements could take this baby into $1/$2/3's ++++++++ and the rest is history).

c) A takeover can easily be done as insiders have large positions of the stock that can easily be transferred to the new owners as South Korea's government have been very supportive of Lewis Black management and the development of this Mine coming to Life and soon as possible.

NB; South Korea has become a global manufacture in the War Machine sector and they need a lot of Tungsten and Moly.

I am only an old old old sharehold, further asking asking for Lewis Black, if possible to provide some timeline updating as the Mine is coming to Life.

GLTA
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