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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.


OTCPK:ASLRF - Post by User

Alien Metals Ord Shs
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Comment by cottager97on Aug 12, 2011 11:32am
288 Views
Post# 18935642

RE: RE: RE: RE: Surfs up!!

RE: RE: RE: RE: Surfs up!!fully funded I might add..
Cash in the bank
Indicated resource from the recent RNS was 30moz from the previous 9 moz  and significant grades..much more drilling to be completed and very high grade intercepts along SJ vein ie(500 gt)
Massively undervalued company that should be trading  at least 10x higher than it is now..
If you believe in the PM story and like me expect to see Ag north of the $100/oz in the not too distant future,I can only imagine (or can't imagine) where this Junior will be if it doesn't get snapped up (which is in all probability a certainty by the end of Q1 2012)
IMO
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities