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Alien Metals Ord Shs ASLRF

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.


OTCPK:ASLRF - Post by User

Bullboard Posts
Post by adoraon Jun 24, 2009 1:35pm
285 Views
Post# 16095263

Arian Silver BIG POTENTIAL

Arian Silver BIG POTENTIAL

Investment Highlights

Preliminary Economic Assessment on San Jose complete

Robust results qualifying initial contract production moving towards

independent mining after three years of 500 t/d Ag throughput

43-101 compliant inferred resource of 42.78 M oz silver, 120.4 M lbs of

lead and 247.8 M lbs of zinc or ~80 M oz silver equivalent at San Jose

(Based on Phase -1 drill results)

2.55 M oz gold equivalent at Tepal - 43-101 compliant indicated and

inferred resource

Significant Expansion Potential at San Jose and Tepal

Experienced management team

Significantly undervalued relative to peer group on any of the

conventional valuation methods

This has got to be the most undervalued silver stock atm. Buy what you can while it is still cheap

Bullboard Posts