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Alien Metals Ord Shs ASLRF

Metals & Mining Industrial Metals & Minerals
Alien Metals Ltd is a United Kingdom-based mining exploration and development. The principal activity of the Company and its subsidiaries is the exploration and development of mineral resource assets. It holds a collection of projects within its portfolio, spearheaded by its Hancock DSO (direct shipping ore) iron ore project in which it has a 90% holding, through its 100% owned subsidiary the Iron Ore Company of Australia (IOCA). In addition to this, the IOCA portfolio consists of the Brockman (90%) and Vivash Gorge (100%) iron ore projects both surrounded by tier 1 tenements owned by mining corporates, such as Rio Tinto and FMG. Its Hancock Iron Ore Project is within 20 kilometres (km) of the established regional mining hub of Newman. Its Elizabeth Hill Silver Project is situated approximately 45 km south of Karratha in the Achaean Pilbara Block of the Pilbara Craton. The Munni Munni Project hosts significant PGE mineralization. This includes palladium, platinum, gold, and rhodium.


OTCPK:ASLRF - Post by User

Alien Metals Ord Shs
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Post by RedMarson Jun 30, 2009 10:03am
349 Views
Post# 16108200

7 cents

7 cents
Spreading the 7 cent trades over many days isn't drawing attention as having the entire swap done in one day. Does affect the TA if its only one player. Once the deal is done the charts will readjust. However, my experience has been that TA charts are unreliable for penny stocks. Of course, there may be an exception.

Am expecting volume to drop due to summer doldrums.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities