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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 rockminer56on Mar 18, 2024 4:33pm
149 Views
Post# 35939133

Who is Buying?

Who is Buying?Over 235,000 share bought today, and there still is the buyer who has 96,500 on ask at .63, and that has been there as an overhang for weeks.Today is one of the 3 largest amounts traded since last July 1st,2023 (cut off for info available to me)
Someone is taking a very large position in the Company, with over 1,000,000 shares bought so far in March, and 1,900,000 last month.
This would not be happening unless someone is expecting news or some development.Where are they getting their information?

It is unconsionable that Black doens not release even some tidbit of information by press release.  How can any potentional buyer be interested in the Company when last progress info is very stale.  Most of the info is from IFF program, and who would know enough or bother going there to look.
It is getting to the point where Black's mention of the great things to come isn't enough.  There are probably only 200 readers on this Board, and that is not enough exposure.
This is "Frustrating", even if I am going to make 40 times my investment 
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