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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 > Selling Completed?
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Post by chizzles on Jul 02, 2024 10:21am

Selling Completed?

It feels like the selling might be completed. We reached a low of $0.58 last Wednesday and Thursday, but on Friday, our low was $0.60 with a high of $0.61.

Since, there have been zero shares traded on the ASX Monday and Tuesday. And today, there wasn't a large amount of shares traded on the opening (something that was happening pretty much everyday at the opening). And the little amount of shares that moved (13,240 shares), pushed the share price up to $0.61, now giving a bid of $0.61 and an ask of $0.62.

I'm hoping this is the beginning of one of those common Almonty upticks where our share price goes up quickly on little volume. But for the last time...

Or...there will be a sudden sell of 200K shares, bring the SP down to $0.57 and I'm completely wrong on everything lol.
Comment by cubesoftungsten on Jul 02, 2024 2:17pm
Hopefully.
Comment by TechOne on Jul 02, 2024 2:58pm
Still waiting for an update of last 2 drawdowns ..  I will feel much better and reassured when that happens..  FWIW
Comment by rockminer56 on Jul 02, 2024 3:21pm
Dont be concerned....Its "imminent" as we have been told for at least the last 3 months!!!! It also would be nice to get an update on construction progress,.....Los Santos mine opening....progress on the Moly minlng or spinoff of asset into shares.... As a fun exercise I will leave room for other posters on the Board to add to this list....of "IT WOULD BE NICE TO RECEIVE UPDATE ON.. ...more  
Comment by chizzles on Jul 02, 2024 3:27pm
I think as Lewis has hinted to us, he wanted to wait until all of this (whatever it is) was complete, then will let us know on everything. This may be the start. My guess is we get a drawdown update this week, or possibly next due to the US holiday.
Comment by TwelveBagger on Jul 02, 2024 5:12pm
I'll take the $0.09 uptick to start! We are SO back 
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