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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 Feb 05, 2008 6:18pm
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Post# 14322510

RE: Minelife Paulsen mIne

RE: Minelife Paulsen mIneWhen did that 2 yrs on Paulsens start? Seems rather conservative. Emperor was able to buy in at an extremely low price. If you look back through the message board, I did the math. The biggest advantage for shareholders is that we still have access to upside in this merger scenario. They did bring a lot of cash to the table. They are trying to sell the PNG assets I think, and the Indonesia site is claimed to perhaps have mining district levels of copper. We should be getting drill results out of Taviche sooner or later.
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Dealroom for high-potential pre-IPO opportunities