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AIC Mines Ltd IAUFF

Metals & Mining Industrial Metals & Minerals
AIC Mines Limited is an Australia-based resources company. The Company is engaged in the exploration, mine development, mine operations and the sale of copper concentrate in Australia. Its projects include the Eloise Copper Mine, Marymia Project and Lamil Project. The Company owns the Eloise Copper Mine, a high-grade operating underground mine located Southeast of Cloncurry in North Queensland. It is also advancing a portfolio of exploration projects that are prospective for copper and gold, which include Jericho Copper Mine, Pyramid Project, Delamerian Project, Peake and Denison Copper Project and Windsor Base Metals Project. The Eloise Regional project consists of approximately 2,000 square kilometers (km2) of contiguous tenure. The Marymia Project is located approximately 160 kms south of Newman in the eastern Gascoyne region of Western Australia and covers approximately 3,600 km2. The Lamil Project is located in the Paterson Province of Western Australia.


OTCPK:IAUFF - Post by User

AIC Mines Ltd
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Comment by Go4Shinyon Feb 25, 2005 12:44pm
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Post# 8657313

RE: Only two...

RE: Only two...I also like the management style of this company and have found them to be much more ethical than most. I know they don't play investors with the timing of their press releases. Rather, they seem much more focused on running their business and getting results than worrying about the short-term market. This is what will translate to real value down the line and that's what attracts me to this company. All I'm saying is that some things are out of their control. I'm not all that knowledgeable of the exploration business but I can imagine they have equipment or weather related problems once in a while. Even getting drill samples to a lab and analyzed has potential for delays. I don't really think it will take two or three weeks but I don't want to see people bailing out simply because we leave February behind with no news either. Goodness knows the stock is plenty undervalued as is. The recent trading action certainly indicates that big boys are paying attention and its about time. If the results do come out in the next couple of days well then kudos to management and to you for calling it.
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