ALMTF - Almonty Industries On The Brink Of A Transformational Change From Struggling Junior To Major Global Tungsten Player
Almonty Industries (OTCQX:ALMTF) is a listed junior miner with an exclusive focus on tungsten which it currently produces from its two properties in Spain and Portugal with plans underway to start production from its new project, Sangdong, in South Korea. The management at Almonty are proven money makers in the tungsten space having owned, operated and sold publicly traded tungsten miner Primary Metals (TSX-V-PMI) for a 30 fold profit in 2008. The Company is on the brink of completing a transformative financing and I believe its chance of success in this effort now