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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

TSXV:AFM - Post Discussion

Alphamin Resources Corp > Buying Opportunity Today
View:
Post by geezer21 on Jan 24, 2022 10:13am

Buying Opportunity Today

Price of tin has risen to all time high of $43,955 USD/ton today.

The USD index climbing and up to 96.07.

Alphamin increased production in Q4 to 3,144 tons.

Alphamin gave a 12,000 ton guidance for 2022

Alphamin is making tons of money denominated in U.S. dollars. 

Q4 Report (11 Jan '22)

                                                   Q4           Q3       Change

Contained Tin (tons)               3,114          2,832         10 %
Contained Tin Sales (tons)     3,056          2,710         13 %
EBITDA (USD Million)            74               53.17          38 %
Net Cash (USD Million)          68               1.04
Dividend                                 0.03                0

Q3 Report

Comment by pantono1 on Jan 24, 2022 10:57am
This post has been removed in accordance with Community Policy
Comment by geezer21 on Jan 24, 2022 9:41pm
Those who scooped up shares from those who paniced today must be happy when the US markets bounced back and Alphamin's share price also bounced back with the market.
Comment by Jsaw44 on Jan 26, 2022 9:02pm
0.7642 afmjf 2 cents above the low
Alphamin Resources Corp
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