Alien Metals Ord Shs ASLRF

What does 200MM or ? mean to shareprice

[paulindoon]

Arian restarted the exploration of the San Jose vein (100% owned by AGQ) in Dec with a 10,000 m traget drilling using 2 drills.Presently per NI 42-101 there are - QUOTE from https://www.ariansilver.com/s/Sanjose.asp -

43 million oz silver, 120 million lbs of lead and 250 million lbs of zinc (60 million oz Ag-Eq) are located within only 10% of the known strike length of the San Jose Vein ("SJV"), it is considered that the SJV has the potential for >200 million oz Ag plus Pb and Zn.

So, just a reminder about what those million of oz of Silver might do to our future shareprice. For this Cdn Table version I took the equivalent table (I believe created by Sunjammer or DDD over on iii.co.uk) which was established using XCap investors report calculations/formula and converted to Cdn $s using current GBP to Cdn $ rate,

Silver Resources million oz
$/oz 60 90 120 150 175 200

$15
.25
.38
.50
.63
.73
.84
$18
.47
.71
.95 $1.18 $1.39 $1.58
$20
.58
.87 $1.17 $1.45 $1.70 $1.94
$25
.91 $1.37 $1.83 $2.29 $2.67 $3.04
$30 $1.25 $1.86 $2.49 $3.11 $3.63 $4.15
$35 $1.58 $2.37 $3.15 $3.94 $4.81 $5.25

So lets project forward to later this year when the exploration drilling is concluded & the NI is updated to somewhere where JW has reflected the potential is (200MM).
From table, with 200 million oz & Silver @ $35/oz, the AGQ shareprice could be Cdn$5.25

Want to really DREAM. There are rumours that the resource could be 300 million. Do the math.

Now just sit back & let event unfold as they should all over a rather short 1 or 1 1/2 years to go.