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Alphamin Resources Corp V.AFM

Alternate Symbol(s):  AFMJF

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, processing plant and associated equipment. The Company has developed and brought the Bisie Tin Mine project in production. The Company’s subsidiaries include Alphamin Bisie Mining SA, Alphamin South Africa (Pty) Limited, Alphamin Holdings (BVI) Ltd, and Alphamin Holdings (BVI) Ltd.


TSXV:AFM - Post by User

Post by Jsaw44on Mar 09, 2022 9:17pm
104 Views
Post# 34501638

Tin subindex $JJT hit an intraday low of $117.5, -20%

Tin subindex $JJT hit an intraday low of $117.5, -20%$JJT follows the LME 3 month contract price

it finished the day down 16%, but I believe it is discounted and is off from the market because of stop loss selling. Actual 3 month tin contract is down 12%.
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