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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 Falcon44on Oct 26, 2010 3:54pm
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Post# 17614610

Support

SupportLooks like the $.30 support is breaking down, already down to $.28 ,Will sit back and wait and see how low it will go, thanks for the info, I agree that management is getting greedy here with the milling contract news and the PP. What ever hapened to using cash flow from production for future spending. I hate it when they lie to shareholders, this always has a negative impact  on a stock once the placement is filled.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities