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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 vijay99on May 28, 2011 6:09pm
344 Views
Post# 18640007

RE: Valuations

RE: Valuations

Speaking of valuations, anyone have any opinion of wildcat silver, 111 million ounces about a 250, 000, 000 market cap, mineralization appears open to all directions. Negative cost of production due to metal/magnese.

Does anyone know what kind of investment would be required to mine all the blocks of the San Jose vein, I'm really confused on this, just want to know what a takeover party would have to invest in Arian?


Bullboard Posts