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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

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Post by rockminer56 on Jul 10, 2023 12:08pm

Charting

If you look at a chart of Almonty for 2023, there is a 45 degree decrease from Jan 1st to today July 10th,2023
Itas time for a news release or at minimum some photos of the plant construction.
The new PR guy does'nt have to wait until the whole complex is constructed before disclosing any progress.
Comment by Bicho64 on Jul 10, 2023 3:10pm
The 45 Deg. leads to the $hitter ..!!!! 
Comment by 5ilverlining808 on Jul 11, 2023 10:56am
What PR Person ? Zero input, to date on website, but for two old vids..
Comment by corton68 on Jul 11, 2023 12:31pm
https://m.koreaherald.com/amp/view.php?ud=20230711000632
Comment by QuarterDollar on Jul 11, 2023 7:25pm
LB mentioned the mining communication system several months ago.  Well it was my fault for thinking this installation was completed and when LB made the first annoucement. Now we are hearing they just completed the installation of 1.6 km of the communication system and that 16 km will be completed in Sept. (Anyone know how many km of tunnel is in the 20 levels of the mine) So the ...more  
Comment by corton68 on Jul 12, 2023 3:26am
Or maybe as it's a collaboration with the Korean Government (KT) there was a a time and place that KT would be able to promote the technology? Some of this board always seem to go straight to a scandal - do your research - building in democracies except Australia is a journey made with multiple parties. Calling the CEO a liar is somewhat an extreme position to take. The very few projects ...more  
Comment by QuarterDollar on Jul 12, 2023 10:09am
@Corton I never called the CEO a liar, however he has omitted facts which distorts the truth. Also, when they were electrifying the mine last year, LB made statements something like 70% of the tunnel work was completed. But he made the very same statement 9 months before. We as shareholders were expecting that more tunnel work to be completed but it wasn't.  What actually ...more  
Comment by TwelveBagger on Jul 12, 2023 10:58am
I think we are all miffed as to why this stock has kept us at a loss for this long. There is no doubt of the value of this stock. It's also a matter of when and not if.  Once the construction is completed and production begins we will all be rewarded for our long term play.  I have felt like it could break out "any day now" for a year, and I still believe it's ...more  
Comment by whoisyourpapa on Jul 12, 2023 12:14pm
Just about every mining CEO I follow is saying that their stock is undervalued right now.   I agree that once we near completion of construction and production we will be on our way and be rewarded. We trade very few shares every day which is surprising for where the company is but it is what it is. . . whois
Comment by QuarterDollar on Jul 12, 2023 12:26pm
totally agree Whois I don't think any advertising will do much for the stock price as it is a niche industry. I am sure all of the big players know of this stock. We have to wait until the profit number are in before this stock will really move.
Comment by 5ilverlining808 on Jul 12, 2023 1:05pm
Uhhhh...  Quarterdollar,I have worked on this project in an office in Sydney Australia while working with the Woulfe Mining Corp. mob under Brian Wesson. I have never been to the site, but I have a plethora of pics, drawimgs, and such that no one has seen and should be kept as such. I think there is about 60 existing underground levels (most flooded under level 20), but yes the top 20 are ...more  
Comment by QuarterDollar on Jul 12, 2023 1:42pm
@5ilver, Thanks for clarification and correction.... but I think my point still stands. And yes any improvement in safety is good for the Almonty brand. Especially if they have patents to protect their intellectual property, but it will take 3-5 years before it is patented. (I hope LB hired a reputable patent firm. It has major upfront costs but is well worth it on the backend). This ...more  
Comment by whoisyourpapa on Jul 12, 2023 2:01pm
I think they are open sourcing it in SK but I guess they could monitize it outside of SK whois
Comment by 5ilverlining808 on Jul 13, 2023 7:11am
@ quarterdollar, apologies :-), 20 levels is correct for current mine, and 3 levels so far to be mined, then they start to drain lower existing levels and expand.  I was thinking of the moly depth not yet reached for a possible 60 levels to the bottom of that depoit. .