Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 > Black Invests $5,000.000
View:
Post by rockminer56 on Sep 12, 2023 1:26pm

Black Invests $5,000.000

Remember August 11,2017 when Black announced he was subscribing to 21,175,000. million shares at .30 cents. That amounted to $5,000,000. US   
That was when (I believe) a whole group of us from Woulfe days takeover,  suddenly took interest and became believers in Almonty and Black and what he was proposing to do to developl Sandong/.  At that stage a good part on his coin.
I dont think the price is where Black would like it to be, same as us. A .17 cent premium per share over investment 6 years ago is an increase of .03 cents a year

Perhaps he is impatiently waiting for a NR announcing progress and perhaps the appointment of a new Operations Head who can get things done! It has been over 6 years.
Will we get the NR later today, after TSE closing, so both the AUX and CAN markets have info while markets closed???
Stay tuned, it will come sooner or later- - -I hope
Comment by chizzles on Sep 12, 2023 3:43pm
Interesting thought on Black's past investment.  The share price pattern is currently very similar to the last time that Lewis (and other insiders) put a huge amount of their own money into this. The share price was a high of $0.86 prior to the drop off, and fell all the way to a low of $0.195, which was in July of 2017, just prior to the announcement of Black's $5 million (US ...more  
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities