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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 b00gn1shon Aug 16, 2007 12:20am
261 Views
Post# 13253310

RE: naked short selling

RE: naked short sellingJust to be clear, I didn't mean to imply that all the selling that took the price from .50+ to .30- was naked shorting. I believe that mostly took place after the high volume day that took price momentarily above .50. There was a lot of suspicious selling that drove the price down below .40. Once there, market forces took over. I'm sure they've been using this opportunity to cover a bit. I kick myself for not obeying my stop at .40. Makes no sense to sell into this piggie now, and I don't need the capital. Another year with this pig I guess. Anyone buy under .30?
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Dealroom for high-potential pre-IPO opportunities