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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.
Alphamin Resources Corp is a Canadian stock, trading under the symbol AFM.V (previously AFM-X on Stockchase) on the TSX Venture Exchange (AFM-CV). It is usually referred to as TSXV:AFM or AFM.V
In the last year, no analyst issued a Buy, Sell, or Hold rating on AFM.V (previously AFM-X on Stockchase) on Stockchase. Read the latest expert commentary for Alphamin Resources Corp.
Alphamin Resources Corp was recommended as a Top Pick by Rick Rule on 2017-05-12. Read the latest stock experts ratings for Alphamin Resources Corp.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for Alphamin Resources Corp.
Alphamin Resources Corp is covered by Stockchase experts and is worth watching.
On 2026-06-17, Alphamin Resources Corp (AFM.V) stock closed at a price of $1.42.
Owns shares in company - great long term hold. Lowest cost producer of Tin on the entire planet. Congo very hard to produce with geopolitical risk. Good for risk tolerant investors.