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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 > $$$$$$$$$$$ 1.50 $$$$$$$$$$ 1.75 $$$$$$$$$ 2.00 & +++
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Post by guerreiro on Jun 05, 2021 4:21pm

$$$$$$$$$$$ 1.50 $$$$$$$$$$ 1.75 $$$$$$$$$ 2.00 & +++

As things progress on; 1) Sangdong Mine Mill in Korea completion schedule, 2) Almonty starting to trade in the Australian stock exchange, 3) Price  of Tungsten remaining stable. 4) European community securing supply of Tungsten from Almonty rather than the Chinese).

I am looking at $1.50 / $ 1.75 & $2.00. and the rest has no limit once they announce the start up of the Sangdong Mill and the announcement of starting to pay dividends.

In the mean time we may have a suprise of a long term contract with a Major to provide Tungsten and Moly for a long term period.( I am only speculating, remember IMC has a very large Tool plant down the road that requires steady supply of Tungsten for their production line).
Comment by guerreiro on Jun 09, 2021 2:42am
Nice close today, we may have a new 52 week high soon and my Crystal Ball is sweating, giving a small indication that we may hit $1.50, at the end of July, begining of August 2021. Tight lips on management side, however; as I understand something is brewing behind the scenes, keep your fingers crossed. Only an old rolledback shareholder with some optimism, don't forget to do your own DD.