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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 Aug 19, 2024 8:20am
135 Views
Post# 36185560

This Morning Bid

This Morning BidThere is Velocity with their 50.000. ask at .73. first thing this morning....however the more interesting info is that there is 243,000. shares BID at .71.
That is size, and harbingers a very interesting day.

Im sure that some of the retail investors that bought over past 18 months and have been losing money. will want to sell to get their money back, which is the way this kind of situration usually evolves. They dont look at the underlying fundamentals, and now that it is getting ready to go, cant wait but just bail out of the stock.
There will be many replacement buyers.


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