Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Alien Metals Ord Shs ASLRF

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

Bullboard Posts
Post by paulindoonon Sep 22, 2010 8:56am
572 Views
Post# 17477750

On edge of my seat

On edge of my seatThe much anticipated NR re Milling Contract came out early this morning much to the hooplah of our AIM investors. Currently AGQ in UK is sitting @ a 43% gain over yesterdays close @ 18.62 pence which roughly translates into CDN
.30 (per https://www.xe.com/ucc/convert.cgi?Amount=.1872&From=GBP&To=CAD&image.x=54&image.y=16)

With JW previously stating that production could start approximately 2 weks after milling contract, I see nothing but upside from here. Of course there will be those that choose to sell, thus locking in some profits. If so, AGQ might have some regression in SP. But in longer run, the SP should increase as some of the revenues are put back in to further exploration of the remaining 90% of the San Jose vein.

A huge sigh of relieve all around with (not meaning to be a braggart) thnx to JW & Co for delivering on their promises.

Bullboard Posts