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.

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Alien Metals Ord Shs

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Post by thenforcer2on Jan 20, 2010 11:21am

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Post# 16699529

traders alert

NEW YORK, January 18 2010 9.15 pm Analysts at Credit Suisse upgrade United Reef Limited URP.V from "neutral" to "perform."
On further review, the company is in the process of closing two gold properties and possibility of drilling in the first quarter of 2010.
The shares are a" BUY" with little downside at this level .
The short to mid term target is .25 CDN...

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