Alien Metals Ord Shs ASLRF

Metals & Mining Industrial Metals & Minerals

Alien Metals Ltd is a United Kingdom-based mining exploration and development. The principal activity of the Company and its subsidiaries is the exploration and development of mineral resource assets. It holds a collection of projects within its portfolio, spearheaded by its Hancock DSO (direct shipping ore) iron ore project in which it has a 90% holding, through its 100% owned subsidiary the Iron Ore Company of Australia (IOCA). In addition to this, the IOCA portfolio consists of the Brockman (90%) and Vivash Gorge (100%) iron ore projects both surrounded by tier 1 tenements owned by mining corporates, such as Rio Tinto and FMG. Its Hancock Iron Ore Project is within 20 kilometres (km) of the established regional mining hub of Newman. Its Elizabeth Hill Silver Project is situated approximately 45 km south of Karratha in the Achaean Pilbara Block of the Pilbara Craton. The Munni Munni Project hosts significant PGE mineralization. This includes palladium, platinum, gold, and rhodium.

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Alien Metals Ord Shs

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Comment by likspoonon Aug 22, 2008 9:18am

426 Views

Post# 15403362

RE: 20 cents finally!!!

I don't see how anyone can dispute the fact this co. has over promised and under dellivered. I own stock (bought at much higher levels) and I'm disappointed in the recent results. It's not the news that's important, it's how the market reacts to the news. So far the reaction has been muted, only 83K shares traded. Not a good sign in any market.

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