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Bullboard - Stock Discussion Forum Alphamin Resources Corp V.AFM

Alternate Symbol(s):  AFMJF

Metals & Mining Industrial Metals & Minerals
Alphamin Resources Corp. is a Mauritius-based company, which is engaged in the production and sale of tin concentrate from the Bisie Tin mine in the Democratic Republic of the Congo (DRC). The Company sells its product to one customer, Gerald Metals SA. The Company’s Mpama South development project is adjacent to the producing Mpama North mine and comprises a new underground development portal,... see more

Bullboard (TSXV:AFM)

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Comment by GoldenIdleon Dec 26, 2021 9:03am

RE:RE:RE:A Once Cent Dividend

I agree TickerT I love share buy backs especially for this Company for the reasons you stated ... but I also agree with Geezer , that they can afford to do it all .  I love companies that give ...more  
71
Discussion
Comment by TickerTwiton Dec 25, 2021 12:14pm

RE:RE:A Once Cent Dividend

But dividends are not free. When you are paid a dividend, your common shares lose book value by the same amount. I greatly prefer a share buyback for AFM, a large one, say 10% per year for five years ...more  
71
Discussion
Comment by geezer21on Dec 25, 2021 10:24am

RE:A Once Cent Dividend

"I would rather they allocate money towards exploration and further development of new projects, but that could prove to be costly." Alphamin has the money to do both, to give out its ...more  
59
Discussion
Comment by GoldenIdleon Dec 25, 2021 9:22am

RE:A Once Cent Dividend

A penny divvy is a start ! It sends a signal to the market that this mine is throwing off cash , and everyone likes free $$$$ . There is more than enough $$$ to fund exploration, expansion , whatever ...more  
50
Discussion
Post by argaivon Dec 24, 2021 10:21pm

A Once Cent Dividend

Harldy seems worth it?  I would rather they allocate money towards exploration and further development of new projects, but that could prove to be costly.  I do not think we will be ...more  
290
Discussion
Comment by geezer21on Dec 24, 2021 9:15pm

RE:RE:quickly bought more shares yesterday

"I just texted my bro in law( my stock mentor) about the latest developments.. I have been pounding the table on AFM with him...he still is not interested...LMAO too risky its in the DRC...haha.. ...more  
62
Discussion
Comment by Chefboy69on Dec 24, 2021 6:08pm

RE:RE:RE:quickly bought more shares yesterday

do some due diliegence The worlds largest tin deposit and the highest grades. A no brainer LONG TERM HOLD good luck
44
Discussion
Comment by TELEMARKERon Dec 24, 2021 5:59pm

RE:RE:quickly bought more shares yesterday

depends on your expection of how the share price can go 50 % possible, double can not ruled out buyout  or getting nationalized maybe share consolidation
48
Discussion
Comment by Chefboy69on Dec 24, 2021 1:58pm

RE:quickly bought more shares yesterday

seems like buying more shares at 0.90 was a gift. I know a good deal when i see one lol I have told a few of my investing buddies about this lil gem..and they have bought in I just texted my bro in ...more  
75
Discussion
Post by TELEMARKERon Dec 24, 2021 1:22pm

A dividend of 1 cent would be $10 million

  Alphamin Bisie completes $35M (U.S.) distribution   2021-12-24 02:37 ET - News Release   Mr. Maritz Smith reports ALPHAMIN ANNOUNCES RECEIPT OF PROCEEDS FROM SUBSIDIARY ...more  
134
Post by geezer21on Dec 24, 2021 10:52am

Steve St. Angelo

Commodities, tin incuded, are a store of the energy it takes to extract and process natural resources.  It includes the energy in sunk  capital, operations, and subsistence of human capital. ...more  
89
Comment by Jsaw44on Dec 20, 2021 4:20pm

RE:RE:RE:RE:Q4 2021 Revenue will be 63.7 million

I wouldn't call it impervious to down turns in the economy, but it is impervious to covid downturns in the economy. 
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Discussion
Comment by geezer21on Dec 20, 2021 12:32pm

RE:RE:RE:Q4 2021 Revenue will be 63.7 million

"I meant ebitda, not revenue" Alphamin has become is a cash cow with -paying off its debt in Q3, -rising tin prices that will continue into the future for a long time as demand for tin as ...more  
58
Discussion
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