Aic Mines Ord Shs IAUFF

Metals & Mining Industrial Metals & Minerals

AIC Mines Limited is an Australia-based copper mining 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. It owns Eloise Copper Mine, which is located in North Queensland, approximately 60 kilometers (kms) South East of Cloncurry and 155 kms East-Southeast of Mt Isa. 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 covers approximately 1,280 km2 and over 90 kms in length and is located midway between the Telfer gold-copper mine and the Nifty copper mine. Its other projects include Delamerian Base Metals Project, Peake and Denison Copper Project, Pyramid Gold Project, Windsor Base Metals Project.

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Aic Mines Ord Shs

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Post by felix10on May 03, 2007 4:47pm

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Post# 12721806

IXN - IAU

If the IXN shares will be converted 1 for 1 into IAU shares down the road, why don't the two stocks sell at the same price? Buying IXN seems like a cheaper way to get the same assets? Isn't that right?

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