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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 Apr 22, 2024 3:00pm
224 Views
Post# 36001844

Is Cleanup Starting?

Is Cleanup Starting?Trading is looking very bright today, with 127,824 shares traded so far at almost 3.00 pm.
There are a couple of interesting players, as Morgan Stanley bought 60,000. sh. earlier today, and most recently Scotia Capital with 26,000.
i think this is telling me that different players are taking positions in the stock, and it wouldnt surprise me if Lewis is behind this, as part of his program to clean up the problem with an individual.  As he stated in his recent presentation, at the right time he can "lift his kimona" and get some heavy hitter involvement.
On Friday the 19th, there was also 134,000. shares traded, the most in one day on the TSE in weeks.
I am optomistic that things are getting ready to perk!!
Regretably the overhang of 100,000. @ .63 is still there, but that might disappear soon.
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