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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 Jan 25, 2012 5:34pm
429 Views
Post# 19449136

I shake my head - especially today!!!!

I shake my head - especially today!!!!

Silver, thanks to US FED, had a stellar day today closing @ Comex (1:30PM NY) @ US$33.08 - or thereabouts & closing @ 4:00PM @ US$33.20 for a gain of

There is a (major) upgrade to AGQ resources due to the Phase 4 drilling program on SJ vein. That is expected in Feb or early March.

Using https://www.goldminerpulse.com/blogs/arian-silver-valuation.php the

Estimating Arian Silver Fair Market Valuation

By Dennis Boyko
Metrics have been updated with closing prices available on 2012-Jan-25.

Fair Market Valuation Summary - 2012-Jan-25

Projected fair market stock price for Arian Silver Corporation is C
.95
. The actual closing stock price was C
.315.

------

So what happened to the Share price on TSX - dropped by 0.02 to Cdn
.315 by end of day, on light 66.5K volume!!!

Go Figure??????

Bullboard Posts