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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
Post by paulindoonon Nov 18, 2010 8:43am
730 Views
Post# 17723112

Sprott is in AGQ

Sprott is in AGQVia the last placement dated Oct 25,
(link: https://www.ariansilver.com/s/NewsReleases.asp?ReportID=424766&_Type=Press-Releases&_Title=Arian-Silver-Completes-GBP3.9-Million-Brokered-and-Non-Brokered-Placement)
Sprott Asset Mgnt now has 20% of AGQ shares.

I find comfort in this institutional holding in that as the shareprice value & market exposure of AGQ rises with:
1)The increase value of Silver metal being driven by all the marketplace conditions
2) Actual money from production flowing into coffers for first time this quarter
3) Continuing Exploration of San Jose vein from present 10% to a greater value

With Sprott on board, then our (private shareholders) interests will be protected from some (bigger) company taking a run at us at some discount value to our true resources. Sprott WILL NOT sell out without getting a good deal. In addition I am pondering what affect the new Sprott Physical Silver Trust, which was started earlier this month (PSLV.T), would have on AGQ asI would think that Arian could be an in-house resource for Sprott to enable the fund to acquire physical Silver for their fund.

There is so much potential in owning these shares. Personally, I am thinking that within a year, AGQ could be trading north of CDN$2.00. All IMHO so do your DD please.
Bullboard Posts