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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,...
processing plant and associated equipment. The Company has developed and brought the Bisie Tin Mine project in production.
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TSXV:AFM - Post Discussion
Alphamin Resources Corp
> Tin down 20% Huge market correction happening
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•••
Jsaw44
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Post by
Jsaw44
on Mar 10, 2022 8:46am
Tin down 20% Huge market correction happening
https://www.reuters.com/markets/europe/lme-aluminium-pares-gains-caution-over-russia-ukraine-crisis-2022-03-09/
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geezer21
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Comment by
geezer21
on Mar 10, 2022 9:09am
Current LME tin price not down 20% (The article you took that from likely quoted some transitory interday move due to the panic in nickel squeeze) that can not hold up in the tin market as it is a small market. The rise in tin price has been orderly and ongoing since March 2020 due to a rise in semicondutor demand and a shortage in supply. The rise in the price of tin is not the result of
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Jsaw44
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Comment by
Jsaw44
on Mar 10, 2022 10:22am
Tin is sitting at $43,750 right now not sure what you are smoking, but I would suggest you take my word for it because I have access to LME live pricing
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