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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 > Level 2 Support
View:
Post by rockminer56 on Jan 08, 2024 4:06pm

Level 2 Support

Good support with just over 100,000 shares on the bid between .52 and .55.  The sellors are much less with under 25,000 on the ask at .56 -.58
A little bit of news will give it a modest little pop, and break through the .57 resistance level.  Then it should go up 5-10 cents, even without any big news.
I think..
Comment by QuarterDollar on Jan 09, 2024 11:41am
Don't read too much into the number of bids....... I have placed a number of orders.
Comment by whoisyourpapa on Jan 09, 2024 3:20pm
QD regardless of who the orders are from they still count.  But regardless of that I agree too much should not be read in to it
Comment by QuarterDollar on Jan 09, 2024 3:28pm
If orders are from the same group of investors, well then the number of different shareholders are most likely decreasing. But still doesn't matter, as profitability will attract attention.
Comment by whoisyourpapa on Jan 09, 2024 3:53pm
You're still providing support for the stock price though. This is what I meant. . .  PS Nice to see you back on here. whois
Comment by rockminer56 on Jan 09, 2024 4:47pm
That might well be true.....however, at the close today  Tuesday, there are still142,000 shares bid between price of .51-.55 cents.   The ask is 22,000 shares between .57-.60.which is an increase from the figures that were outstand on Monday when I mentioned them. That would suggest to me that there are more buyers becoming interested in aquiring shares in this company andf have put ...more  
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