GREY:AFRIF - Post by User
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RX4H1N1on Dec 12, 2011 4:13pm
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Post# 19314563
Stockhouse on AFF today
Stockhouse on AFF todayhttps://www.stockhouse.com/Community-News/2011/Dec/12/Junior-explorer-surges-on-rare-earth-development-d
Afferro Mining (TSX: V.AFF, Stock Forum), meanwhile, reported that it and its wholly-owned subsidiary, Mano River Iron Ore Holdings Limited, have entered into a legally binding heads of terms agreement with Lybica Holdings B.V., an affiliate of ZAO "Severstal Resources," for the sale of its 38.5% interest in the Putu iron ore project in Liberia for a minimum of US$115 million in cash. Afferro stock popped 34% to 82 cents.