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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 May 01, 2024 9:54am
135 Views
Post# 36017063

April A Good Month!

April A Good Month!All in all last month was a good month for us as:
-the stock was at a closing higher level than precceding months going back for almost a year (albeit slight)
-this morning (May 1st)there is 320,000 on the bid at .60-61 cents , so there is very strong support,
-this looks like it wont be dropping back to the 50's range
-The price of tungsten APT keeps increasing

-a big deal is that over TWO million shares traded in April, so whoever has the portfolio providing stock to dump....it has diminished

-Bar Chart has the stock listed at an 88% BUY
-Market Screener has a BUY marker on the stock
-Lastly, we can expect an update from Almonty in about 10 days when the first quarter results are posted. An MD&A at minimum will give us some insight, but probably there will be more information disclosed.
May should be a great month!

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