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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 5ilverlining808on Sep 07, 2024 10:05am
123 Views
Post# 36213034

RE:RE:ok, that's nice

RE:RE:ok, that's nice
TwelveBagger wrote:

GastownGuy wrote: but wtf is the point of that news release. who cares? how does that help the company? more general bs about how valuable tungsten is and how great the deposit at sangdong is. ok ok ok, got it already. just start mining and selling the stuff already. geesh

 

The lack of news was far more frustrating than this. This feels like a total ramp up and international experts wouldn't be arriving to see a pile of rubble.

Larger agreements, or negotiations are likely going on. Stock is pushing to new 52 week highs. Our sleeping giant might be awake and brushing its teeth before leaving its den!
 



Yes 12Bagger, I agree.
In real estate terms the mantra is "location location location", while in this case it is "exposure exposure exposure".
This news is not for shareholders in general, but for those that need the products and to affirm that all is supported by the Global Geo community.
Many sites have already posted this article.

You wrote :

"Larger agreements, or negotiations are likely going on."

Absolutely correct on that one, as Lewis has always surprised us with things that still continue to impress the Bank, Buyers, Anylists, Geo mobs and so on.

These delegations (as you said-ish) "would not be on site to look at a pile of rubble".
I am sure they are seeing the process plant in operation and not just looking at disco lights in the underground mine.

Lewis Black is the sort of person that does not sleep well, and will wake up ,(as I did), to write thoughts down in the middle of the night.
In my days it was paper, but now you pick up the phone and record.
I hope he does not burn himself out.



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