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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
Comment by paulindoonon Oct 23, 2010 3:54pm
437 Views
Post# 17603355

RE: RE: RE: shares -- 14 million remaining

RE: RE: RE: shares -- 14 million remainingI find that I am much aligned with your thinking Sunjammer. But there is one detail associated with the Sept 22nd "production NR" (link: https://www.ariansilver.com/s/NewsReleases.asp?ReportID=419913&_Type=Press-Releases&_Title=Arian-Silver-Commences-Silver-Production) that has me baffled. That is in the manner the news was posted by AGQ. It was as if it was (almost) a non issue; just another baby step in the development life of AGQ instead of the BIG DEAL event that I felt it was. I would have thought that achieving that milestone would call for much fanfare on the part of our management.

The market's reaction to the news - AGQ has now translated from an Ag explorer to an Ag producer - is also puzzling. Ther shareprice hardly yawned. Is this stalled shareprice a reflection of future achievements do you think? I certainly hope NOT.

I must also divulge that my investment in AGQ is presently solidly in the green zone so I am NOT unhappy at all. I remember discussing on this Stockhouse with Unlucky13 (Dir of PR on iii) for him to stop whinning & grab some shares @ CDN
.095. Had he done that I suppose he might also be in green or at the very least his average would be lower. But Unlucky13 kept on lamenting about AGQ being a "dead duck" and his lost investment so I suppose he never moved -.not seeing the trees for the forest.

While it is true that Ag is volatile which will have an affect of AGQ price now that AGQ is a producer, it is also clear to me that Ag is on the rise and time will reward those keeping this faith.

Perhaps I am becoming a little too impatient for AGQ to really show it's worth - notably it's future worth.
Bullboard Posts