Almonty Industries Inc T.AII

March

[whoisyourpapa]

Last few days of trading have been like watching paint dry!  Buyers and sellers seem to be having a staring contest to see who blinks first.

Last year in December I predicted we would reach a new 52 week high in March of this year.  We would need to trade at .73 cents to reach that and we already traded recently as high as .72 lets see what happens. . .  Just for "sh*ts and giggles" while we wait.

whois

[cubesoftungsten]

Someone needs to blast through that block of 154k shares on offer at 0.62-0.63.

[TwelveBagger]

What price is the wall at

[whoisyourpapa]

Not much of a wall actually but velocity is stubbornly sitting at .63 with 96,500 shares for sale.  When velocity first appeared they also had another 100K shares for sale at .65 or .66 if memory serves.  That's been gone for a while now but they seem to have more shares to sell than what they're currently offering, how many is anyone's guess. . . whois

[corton68]

I think this is all they have - comprised of 2 offerings - one of them we chewed through and then this. If hes trying to rattle us not going to happen but I bet hes not paying attention and just looked at our daily liquidity and figured it would go quickly.

[whoisyourpapa]

A news release confirming the 7th loan drawdown would certainly help to unclog things here. . .

[QuarterDollar]

I think everyone is waiting for.... "SHOW ME THE MONEY !!!"

[TradingKiwi]

I'm waiting for some of the quarter timeline estimates to convert into month estimates like "October" rather than a more fluffy "Q3"  We are getting close to some really exciting milestones.  

[5ilverlining808]

There might be no need for another drawdown just yet if all above ground construction teams and building material providers have been paid in advance ? Underground activities should be so close to slow or halt and wait for plant start-up due to them being well over 6 months ahead of schedule, and when that happens more money might be pushed in that direction ? These underground miners must stay

[TradingKiwi]

Lewis said in his last video that they were doing the paperwork for the next drawdown.  So I assume it isn't too far away.  Obviously the bank won't release funds without key things done or purchased/delivered all with a 3rd party checking, so an extremely good sign once its completed.

[whoisyourpapa]

Surprised not to see an announcement on the 7th loan drawdwon almost 2 months after LB mentioned it was requested at the 10 IIF.  Even in the financials released 10 days ago it was said to be "imminent". Next Wednsday is the 11 IIF, really interested to see if there are any changes to slide 16 of the presentation.   whois

[5ilverlining808]

It seems to look like a prostate or kidney stone thing. We will only get trickles and dribbles of info on Sangdong on a IIF basis. Until the project is operational and on line for production, we wont see much on news. When that is done and after the kidney stone is removed from the ureter (the old fellow) then the info (to much relief of all) will gush out and saturate the market with new blood

[QuarterDollar]

Thanks 5ilver for the reminder of our painful vivid journey of our investment.  :)