The price of tin is less important to this company then it is to other tin producers, because their grade is so high. The grade is about 10X the average mine grade for tin worldwide. Thinks they will be able to announce production finance fairly shortly. The construction schedule will take some time. The Congo is a hard country, and this is in a hard part of the Congo. Not for the faint of heart.
Requires tolerance of political risk. It is in a very hard part of a very hard country. It is a two days walk away from a road. The average grade of this Tin mine is three times the grade of any other Tin mine. If the political risk turns into a negative political reality you could lose a lot, however.
The largest and highest grade tin deposit in the world. The median grade in this deposit is 5X the average mine grade. A superbly great deposit. The bad news is that it is in the Congo, and it is in a bad part of the Congo. Thinks this will go into production.
Alphamin Resources Corp is a Canadian stock, trading under the symbol AFM-X on the TSX Venture Exchange (AFM-CV). It is usually referred to as TSXV:AFM or AFM-X
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In the last year, there was no coverage of Alphamin Resources Corp published on Stockchase.
On 2023-03-30, Alphamin Resources Corp (AFM-X) stock closed at a price of $0.88.