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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 > Investing in Tungsten is an Insurance Policy.
View:
Post by Appreciation777 on Jan 18, 2024 2:37am

Investing in Tungsten is an Insurance Policy.

The market is an anticipated mechanism for ALMONTY, just a matter of time as the desired objective goals are coming together.

Tungsten is a rare metal that the Western Nations have a need for and do not want to be strategically at the mercy of China that controls 95% of the rare metal production. Further; Tungsten is under the national security radar screen as a scarse metal in United States and other Western Nations.

I believe, that given the current support level of many investors not wanting to miss this Golden opportunity, a bullish breakout to over $1 could be underway.

GLTA
Comment by TwelveBagger on Jan 18, 2024 6:37am
A bullish breakout would have to be much higher than $1.20 in my estimation, but would be a good start!  lets hope you are correct regardless of splitting definitions of "bullish" and "breakout"! GLTA Also
Comment by TELEMARKER on Jan 18, 2024 9:29am
"China that controls 95% of the rare metal production." wrong. Better check your facts. More like 50% of world W production
Comment by TELEMARKER on Jan 18, 2024 9:32am
https://investingnews.com/where-is-tungsten-mined/
Comment by Appreciation777 on Jan 18, 2024 6:47pm
Low volume, nice uptrend, my crystal ball is showing that the stock could be over .70 cents by Friday at the close. El President, Lewis Black should provide the shareholders with some update on the development of the Mine & Mill to sustain the interest by the new Tungsten investors as this baby is ready to soar as something big is brewing behind the scenes. ( Would Warren Buffett's ...more  
Comment by chizzles on Jan 18, 2024 9:54pm
ASX currently at $0.70 with the bid being $0.70, ask being $0.74. ASX has been trending up quickly also. I'm thinking both exchanges finishing the week at $0.70.
Comment by whoisyourpapa on Jan 19, 2024 11:59am
The ask side is a little more normalized now with around 55K shares to .70 cents.  No more 25K shares to $1.20 Bids still looking fairly strong with around 100K shares between .60 and .64 whois 
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