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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 > what a truly horrible stock
View:
Post by GastownGuy on Jun 06, 2023 3:41pm

what a truly horrible stock

this has been to own
Comment by corton68 on Jun 06, 2023 4:05pm
dundee did alot a damage here (as they did to many of their holdings) and at time where the market generally has wobbled. keep the faith now its under construction
Comment by whoisyourpapa on Jun 06, 2023 4:18pm
The last 12 months have been tough indeed to be a shareholder here.  No one is holding a gun to our heads though.  Keeping the faith. . .
Comment by QuarterDollar on Jun 06, 2023 4:57pm
I personally don't expect this stock to do anything until the financials are make public one year after being in production. So we are looking at 2026. As for processing the tailing at Los Santos, I don't expect that will move the needle on the share price much.  We were never told what the reprocessing costs would be and throughput, hence we have no idea on profitability ...more  
Comment by chizzles on Jun 06, 2023 7:00pm
I really don't think we will be stuck at $0.60 for two years. As was just mentioned, Dundee really hurt us. Prior to the selling, we were over $1.00 so I expect us to at least reach that amount by then, and most likely within a year. Usually share prices rise prior to and leading up to production, not one year later.  We will see!
Comment by whoisyourpapa on Jun 06, 2023 8:28pm
Construction update NR on ASX
Comment by chizzles on Jun 06, 2023 9:35pm
Construction Update at Sangdong Tungsten Mine HIGHLIGHTS • Further key processing equipment arrived at site at Sangdong including Pebble Crusher, Jaw Crusher and Filter Press. • 100% of all Ball Mill and Sag Mill related equipment has now arrived on site. • Other Key Equipment including Ultra Fine Screens, Apron Feeders and Flotation Tanks are nearing completion of manufacturing and will shortly ...more  
Comment by TechOne on Jun 06, 2023 9:38pm
Personally, I am waitiing for construction to be completed without any issues.. Budget or operation wise..  It the plant hums without any problem and the company declares production, share price will react appropriately..  Hell, even if it does not, as a share holder it will take away the big worries because new plants and construction in my experience are prone to all kinds of issues ...more  
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