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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

Comment by Jsaw44on Mar 11, 2022 10:57am
63 Views
Post# 34506581

RE:RE:Tin to 25k to 30k by end of 2022

RE:RE:Tin to 25k to 30k by end of 2022You are following me again

Tom Mulqueen understands the market better than you. We are in a bubble. I was holding on for a 100k tin price possible, but when you get a 20 collapse on a commodity in a day, the bubble is bursting. Sold more alphamin this morning and moved it into LAC and ivanhoe.

FYI, tin is down again today. It will probably bounce off of 38k and play between 38k and 42k for another 3 months and then it will fall down to 30k by end of year. 

Covid disruptions are over

The sudden spike from work from home for electronics is over. 

If alphamin dips, I'll be a buyer again, but after yesterdays gains it's a good opportunity to move capital else where given the direction of tin price is downward for the rest of the year.


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