I posted this on another Tungsten stock yesterday because it has some great research and mentioned that company. It is an email I received, and possibly also received by others here, promoting another Tungsten project. It covers other companies including Almonty as one of the "Big 3." They see the Tungsten price continuing to climb, and have some good reasoning why. I will post a few quotes from the flyer, and also a link if anyone wants to read the entire thing...
"If I was a fund manager I would buy a basket of pure-play tungsten producers like Almonty Industries, Tungsten West and Group 6 Metals which I call the Big 3."
"Almonty Industries as we mentioned has the biggest project that could one day produce at least 4,000 tonnes of tungsten or 5.1% new supply. It last operated in 1992 and was once South Korea's biggest exporter in the 60's."
I have never looked at Almonty before, but I do hold another Tungsten upcoming producer, and thanks to the flyer, I will now have a good look at Almonty. The Tungsten story is about to go mainstream over the next few months as the price continues to climb, so holding a few of these undervalued up and coming producers, along with a few producers, could be a good move, as Tungsten seems to still be flying under the radar of most investors. Just on a side note, I see Musk said that he might take his company mining Lithium as the price skyrockets, the same could happen to Tungsten seeing how the price is going and companies that rely on a steady supply of it look to mitigate sovereign risk from existing producers.
Good luck, onwards and upwards.
AII Price at posting:
$1.01 Sentiment: Buy Disclosure: Not Held
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