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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 > I don't get it
View:
Post by Natrav54 on Oct 16, 2024 10:24am

I don't get it

With all this going on with Almonty, why are we not at at least $1.50?
Comment by cubesoftungsten on Oct 16, 2024 10:44am
Lots of stuff is "iminent" but not actually completed. I expect we'll get another jump once production officially starts, then another one once Tungsten from Sangdong starts hitting the balance sheets. The thing with mining is that even if a mine if constructed, it may not be profitable or the equipment may not function properly so its understandable that people would be cautious.
Comment by corton68 on Oct 16, 2024 11:10am
I think jugding Almonty as you would one of the other Tungsten plays is a misatke and for sure we'd miss the opportunity to get in down here if we did
Comment by GastownGuy on Oct 16, 2024 11:49am
we have had 12 years to get in at these levels. most are ready to see a rise in value to the paper they have been holding
Comment by rockminer56 on Oct 16, 2024 12:09pm
How about adding in the value of the Moly project, once an offtake agreement is signed.  That orebody was valued at 2 BILLION dollars several years ago and as Lewis pointed out there is no value whatsoever included in the price per share today..  We just learned that SK is now the second largest user of Moly now, up from 4th, so there is some pressure probably in the background to get a ...more  
Comment by corton68 on Oct 16, 2024 11:09am
Because the rest of the sector is a disaster and Almonty has to break away from all that mess of the other competitor projects - the ones that have already collapsed (Cantung, Hermeddon, La Prilla)and the ones that are about too (Telemoron can give us the list)! LB has always pointed out only Almonty makes money at their mines but markets buy the sector not the stock so we have to put enough ...more  
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