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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 > New Director
View:
Post by Deschenes on Aug 25, 2021 4:03pm

New Director

I hope that the new Director, just announced, Mark Goodman, with very strong relationships with Dundee, is not an ominous development.   Think takeover or such!
Comment by Deschenes on Aug 25, 2021 7:54pm
Hot Copper in Au. had early press release about Goodman, then a second formal notice, but no options are given to him. NIL   Hmmmm
Comment by 5ilverlining808 on Aug 26, 2021 8:32am
Almonty’s Chairman, President and CEO Lewis Black commented: "I believe that Mr. Goodman needs no introduction. His experience and knowledge of the Sangdong project is unparalleled and now that we have moved into full construction in Korea, he formally joins us as an independent director." Why ??? Whats his job ?? He already wears 6 hats, so what can he offer to us ? Hmmmm indeed ...more  
Comment by lonade on Aug 26, 2021 8:53am
agree....let him prove that he is bringing added value to shareholders for his options that will surely come.
Comment by 5ilverlining808 on Aug 27, 2021 8:00am
Litigator, Mediator and Lawyer. Are we in some sort of trouble ? Very confusing. https://www.capessokol.com/people/mark-e-goodman/ https://www.marketscreener.com/business-leaders/Mark-E-Goodman-063T4F-E/biography/
Comment by wolfry1 on Aug 27, 2021 9:19am
The capessokol guy does not appear to be the same Goodman appointed to the board .!
Comment by 5ilverlining808 on Aug 27, 2021 9:51am
Now I'm extremely confused.
Comment by blueskies on Aug 27, 2021 11:16am
I expect the Mark Goodman we are talking about is the son of the very wealthy, well connected and respected Ned Goodman. Ned was a partner of Seymour Schulich another well respected and connected name in mining. Oddly, Ned, through Dundee was a previous board member of Woulfe Mining. Having these kinds of connections to Almonty's board should be a significant benefit to the company.
Comment by GastownGuy on Aug 27, 2021 11:42am
huh? are you guys kidding with all this?  Almonty bought wolfe mining from dundee. it was basically a giveaway but dundee kept a stake in the korean mine by taking a good chunk of almonty shares in the deal as well as a seat on the board... which they have had this whole time. the details of the sale were never entirely clear and it always seemed at some point dundee would re-emerge in one ...more  
Comment by whoisyourpapa on Aug 27, 2021 1:41pm
Yes Almonty bought Woulfe mining from Dundee.  Yes they got Almonty shares for it.  Yes they got a seat on the board - Michael Costa around the same time that Almonty moved to the TSX from Venture Exchange. That Dundee would some day re-emerge as "the rooster coming home to roost" is entirely conjecture on your part unless you know somehting the rest of us on here don't ...more  
Comment by GastownGuy on Aug 27, 2021 2:03pm
your points are valid and may very well be what is going on. my views on dundee's plan is absolutely conjecture on my part. I have felt that there was more to the woulfe sale than we were told from the day it was announced.
Comment by chizzles on Aug 27, 2021 3:58pm
Adding Mark Goodman to the board is great news in my opinion. We need exposure, and he brings another set of possible investors to Almonty. We are really starting to get board members from everywhere involved, and they all have a great history.
Comment by 5ilverlining808 on Aug 28, 2021 10:50am
Thanks chizzles, your three short sentences said it all to me. No more confusion on that now. Thanks to the others for the history lesson, as some of that old stuff I did not know.