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- ⛏ Goviex Rips Higher On Niger Fake FUD
⛏ Goviex Rips Higher On Niger Fake FUD
PLUS: Alphamin Strengthening
Greetings Contrarian,
Source: Trading Economics, Numerco.
This is The Next Big Rush, your daily drop of mining and energy investing news. Where we come together and head to the bar for a beer, it's Friday! 🍻
Here are the highlights:
😎 Goviex Rips Higher On Niger Fake FUD
💪 Alphamin Strengthening
🤣 Meme Of The Day
😎 Goviex Rips Higher On Niger Fake FUD
Earlier this week, uranium investors were hit with a shocking piece of news. As if Niger-related companies needed any more drama, the articles pointed to some gossip news that the entirety of the Niger mining sector is to be subject to a new government audit, citing a leaked internal memo from the Ministry of Mines.
Well, it turned out to be a move that affects only gold companies in order to combat illegal activity and the whole uranium sector in the country is unaffected. GoviEx Uranium Inc. (TSXV: GXU) (OTCQX: GVXXF) has published a rebuttal and immediately saw its stock price rise by more than 10%.
Darn right.
💪 Alphamin Strengthening
Alphamin Resources Corp. (AFM:TSXV, APH:JSE AltX) has just provided the following update for the year and quarter ended December 2023.
Highlights:
FY2023 tin production of 12,568 tonnes, up 1% from the prior year
FY2023 EBITDA3,4 guidance of US$136m at an average tin price of US$26,009/t, with EBITDA negatively affected by a temporary delay in Q4 tin sales volumes
Alphamin is a producer of 4% of the world’s mined tin in the Democratic Republic of Congo.
📰 In Other News:
🤣 Meme Of The Day
Accurate 🤕 #uranium
— Uranium Corgi (@UrTokenCorgi)
2:55 PM • Jan 26, 2024
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Happy Speculating!
The Editor
DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.
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