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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 > Reminiscing to days gone by and how long it has been . . .
View:
Post by whoisyourpapa on Apr 26, 2024 9:48am

Reminiscing to days gone by and how long it has been . . .

For those who weren't here  or have forgotten because its been so long.

https://www.northernminer.com/news/buffet-buys-into-tungsten-mine/1000972582/
Comment by GastownGuy on Apr 26, 2024 10:20am
remember it well. reading that article cost me a lot of money. wish I never saw it
Comment by whoisyourpapa on Apr 26, 2024 10:31am
Well I hope you DCA down after almonty bought the mine otherwise it will be a while before you see a proffit from your investment GLTA whois
Comment by GastownGuy on Apr 26, 2024 12:59pm
ha ha. yes I did buy a decent sized stack in the .25 to .28 range before lewis did his large financing in the .30's. but still the damage was done with my poor decision to go big on that berkshire news. as you say GLTA 
Comment by whoisyourpapa on Apr 26, 2024 1:03pm
Good to hear that you did that Gastown.  I also picked up shares in that same range but didn't think it would take 8 years from then to be at this poiint. Yikes!!! Luckly 98% of my shares are at the DCA price. . . Good times are here now. whois
Comment by rockminer56 on Apr 26, 2024 11:11am
Very interesting to read it again as I was also one of the investors who got caught up in the report. It is very interesting to note that Wesson talks about a $135,000,000 cost to build a mine and 8-10% financing costs. That shows what kind of CEO Lewis is, to obtain a significantly better deal , years later 
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