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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 Jan 15, 2008 3:48pm
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Post# 14207374

RE: IXN consistently weaker than IAU

RE: IXN consistently weaker than IAUI just started buying IXN instead of IAU because it was cheaper. Own both, plus pink sheets shares (which correspond to the Aussie listing). For now no plans on conversion, but thanks for sharing your experience. Good to know that's part of the problem. I told Investor Relations in no uncertain terms that I think those shares do nothing good, except perhaps placate those who were stuck with them on the Nustar merger. If I hadn't missed the deadline, I'd have initiated a shareholder proposal at the next annual meeting to force conversion early.
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Dealroom for high-potential pre-IPO opportunities