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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

Comment by whoisyourpapaon Aug 15, 2024 11:20am
69 Views
Post# 36180635

RE:RE:L2

RE:RE:L2
rockminer56 wrote: In my opinion you have it a bit backward...I would think that the Company has arranged for an orderly purchase of Velocity's daily ask of 40-50,000. shares, by "lifting their kimona" to entice a buyer(or syndicate) or (fund) to pick up these shares, and....also probably working with the sellor to ascertain what is taking place.....
It would be what a Company should do to try and support an orderly market.

It would be a lot nicer if the sellor just got rid of all the shares that want to be dumped,  all at one time

In a perfect world that would be the way but by the way LB speaks of this seller it sounds like they are rogue and intent on "doing damage".  Regardless they won't be able to keep it up forever. . . 

whois
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