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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 GoldenIdleon Dec 25, 2021 9:22am
65 Views
Post# 34262137

RE:A Once Cent Dividend

RE:A Once Cent Dividend

A penny divvy is a start ! It sends a signal to the market that this mine is throwing off cash , and everyone likes free $$$$ . There is more than enough $$$ to fund exploration, expansion , whatever they like . 

I got stung in the Congo 10 years ago with a company called Africo . Thieves stole the company from us . I swore I would never invest in the Congo again .... until the summer of 2020 when court case paid out and I recouped my original investment. Things are different now . I am confident in the governance . The geology is too rich to stay away . A corporate takeover is a possibility!

I look at the divvy as a gift and if share price doesn't spike I will buy more again ... because management is delivering!
BTW the other Company I'm loving this Christmas Day is CGX Symbol OYL ... could have huge discovery off the coast of Guyana !!

Merry Christmas shareholders and a prosperous NewYear !

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