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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 > Zero News On All Other Western Tungsten Mines To Date ?
View:
Post by 5ilverlining808 on Jul 07, 2021 11:33am

Zero News On All Other Western Tungsten Mines To Date ?

I have noticed that for a long time, and it might be a Covid thing ?

In one of the recent interviews with Lewis, he said the KIGAM pilot plant at Sangdong has ceased testing operations at the site due to Covid, and the further tests will be carried out at the Pana Mine until things settle down Covid-wise at the site.

In another interview Lewis said the South Korean Govt. "HAS" built and installed the road, power and water infrustructure.
How confident is that ???
Comment by 5ilverlining808 on Jul 08, 2021 9:16am
KIS article posted 06 July 2021. A past work colleague of mine was born and raised on a dairy / cattle farm in the North part of the island. The island produce is known for some of the Worlds best cheeses, meats, seafoods and wines that are widely sought after by hatted restaurants around the World, and to my surprise "golf" is also a big thing there. The island is also considered to ...more  
Comment by GaiusGermanicus on Jul 08, 2021 7:58pm
A mine in the middle of nowhere with no real supporting civil infrastructure greatly increases costs across the board.  That project is likely to go begging unless tungsten prices go WAY up!
Comment by lonade on Jul 09, 2021 12:31am
don't worry there will be lenders, like for Wresources, Ormonde and Wolf, lining up to provide "excellent deals" for management, sorry i meant shareholders of course... sadly there are always enough retail shareholders who fall for the fairy tales sold by management with those deals "oh yes, we will produce far under 100 USD per MTU; easily!" "our resource is very ...more  
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