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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 3:29pm
66 Views
Post# 34507702

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

RE:RE:RE:Tin to 25k to 30k by end of 2022back up to 44.2k, will probably hit 45 or 46k and then back down to retest 42k, should be interesting. The normal buyers, like solder companies completely walked away when it was in the upper 40s. It was all short sellers covering and taking losses as it ramped to 50k, That's why it went up 25% from Jan 1st to March 8th, now it's getting slammed back down to reasonable buying levels for the industrial users. 

Geezer can hate on me all he wants, but I was right that the price dropped 20% intra day and finished down 16%, I have better sources of information than most of you especially when it comes to buyer sentiment and intraday pricing. 
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