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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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Comment by paulindoonon Oct 18, 2010 8:10am
293 Views
Post# 17575712

RE: PRODUCTION STARTED!!!!!

RE: PRODUCTION STARTED!!!!!You English chaps are in a (forward) position to get the leap on us Canadians due to time zones.

Well it seems that AGQ is (& has been) a Silver producer for last month at a time when the metal is flying. Sprott is showing excellent leadership by increasing their stake - but then that really is a no brainer for with only 10% of SJ delimneated & stated Ag plus equivalents, the resource will only be proven up. At that time, the true value of AGQ will be reflected in the shareprice.

One other detail coming out of all this. Sprott now holds a good % chunk of this company & thus it will be much more difficult for any opportunistic mid/hi tier to steal this company away from us for a song. Sprott's vigelance will ensure that for themselves as well as us smaller % holders.

All looking very good IMHO. 
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities