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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 Kringelon Dec 11, 2024 6:06pm
114 Views
Post# 36357772

RE:RE:RE:RE:Frustrating

RE:RE:RE:RE:FrustratingThere was a local associate of the company that greatly helped the downfall of the previous owner of the mine by creating issues via the local media at the time. He was particularly upset because the mine was owned by overseas interests, and was not in Korean ownership and this did whip up local agitation at the time.
Could something similar be done again to create shareprice uncertainty? I dont know if this particular associate is still around, I did see his name thrown around in the early days of Almonty but he did have some financial resources and friends back in the Woulfe days.
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