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Bullboard - Stock Discussion Forum 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... see more

TSX:AII - Post Discussion

Almonty Industries Inc > Now comes the selling.
View:
Post by GaiusGermanicus on Dec 08, 2020 10:11am

Now comes the selling.

It didn't bounce up to $1.50 right away, so now our short term speculators will be dumping their stock  over the next few weeks.  


Gotta love folks with tech industry time views trading mining companies.

Comment by sage4hus on Dec 08, 2020 11:45am
Congrats to all longs I gotta say. Have we waited 10% gain since the PR in Jan, not even 100 %? No, we have waited for 4 years and 12 days as Mr. Black says. 10% is daily morning walk for some stocks. Red on the second day. Give me a break.
Comment by whoisyourpapa on Dec 08, 2020 4:32pm
Sage if you don't mind me asking what were you expecting and why? whois
Comment by TechOne on Dec 09, 2020 1:09am
Personally, I think it will move once the construction is well under way next year and this financing scenario is all out of the way..  Even then construction of a mine site, whether it is Gold, Silver etc. or any commodities, folks tend to be leery of it because not only it has to go smoothly and well within the budge but also in final stages, all the projection of content and production ...more  
Comment by chizzles on Dec 09, 2020 7:02am
I would actually disagree with that. Almost everytime that a junior minor gets a financing of that size (and this is official, not just a possibility at this point), the share price goes up very significantly, and instantly. We are up 8% from the 0.68 shareprice from prior to the NR. Heck, we traded at 0.81 three months ago! You'd figure that we have more value today with what we know than in ...more  
Comment by 5ilverlining808 on Dec 09, 2020 8:00am
Remenber when we held at $1.10 a long while back for many weeks ? I still dont know what or why that happened. Any Dectectives out there ? The anylist websitrs will soon catch on and report the news to a far greater amount of people than Almonty can cover. The best part is.......Sangdong is now in go mode.
Comment by sage4hus on Dec 08, 2020 2:20pm
GaiusGemanicus,  I don't think short term speculators even exist in this stock having seen volumes.  I guess investing in Tunsten is hard.
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