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.

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Alien Metals Ord Shs

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Comment by Sonsubon Feb 16, 2011 10:16am

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Post# 18142450

RE: from iii board

Just saw Jim do his presentation and had a talk with him. I must say I was very impressed. He said the drill results are 45% completed and the results are beyond his expectation. Results for stage 2 are out the middle of the year. Sample tests are being carried out in Mexico and British Columbia.
Jim is hopeing for a buy out sometime this year.
Just saw a talk from price waterhouse saying 2011 will be the year of Junior miners being brought out by the majors. This will become very evident when LSE and Torronto merge.
I just called my broker and topped up. When you look a CEO in the eye and ask hhim how things are progressing and he says better than his expectations and I'll will be very pleased with the results, that is good enough for me.

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