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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 5ilverlining808on Aug 21, 2024 11:35am
129 Views
Post# 36189887

Not For Sale......For Eons.

Not For Sale......For Eons.Excerpt from TechOne :
"Mind you, LB is not that old so he may not want to take the money and run but who knows..  Every one has their price.."


There is an old saying that "it might take three generations to build an empire, but it only takes one to destroy it."

Two sons of the founding farthers are number two now.
I hope they have children that are interested to follow on in this company.

Generally what starts as a business venture, moves into a profession, then the passion kicks in when results and goals are made.
Then the joy and disease of growing takes over, and you have what we have today : Lewis Black and Daniel D'Amato.

Far to young to retire and the game is too fun and challenging to give it up.
Look at Rupert Murdoch, five wives, 93, and finally passed the batton to only one son. Oooh the other kids are not happy, but they did not join the team.
Kerry Packer billionare smoked, gambled and drank to the max, but also worked until the end.

I think Lewis at his young-ish age will not retire or stop working on these projects, or let them be sold as he has the bug and passion of growing acheivements.
NO TAKEOVER !!!


"The name Almonty Industries derives from the names of the fathers of two of the founders as a tribute to them. "Al" comes from Al D'Amato, father of Daniel D'Amato and Monty from Monty Black, father of Lewis Black." 


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