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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 09, 2024 12:59pm
185 Views
Post# 36031528

BID/ASK today

BID/ASK todayThere is almost 800,000 shares on the Bid between 57-64 cents.....

That is called support....  To me it looks like some of these bids get moved up to market on a very regular basis, to support the price and to move it forward and upward on an organized basis.

I am very confident that there is a plan that is making this haplpen.  If the forthcoming NR has some decent financial results and the MN&A has some chunky meat in it, the first thing a new investor will look at is the market price and probably the one year chart, with 50 and 100 day moving averages.  That will tell the story!!   It incidentally looks great
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