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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Post by Sonsubon Mar 15, 2012 12:49pm

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Post# 19674879

Callicanto

Callicanto is sitting there doing nothing and isnt even priced in, its a complex SOB and has recently been dewatered - Why not sell this and keep the 120/200/300 + million ounces within Arian.

Cash from Sale would pay for an all singing and dancing Mill to process THE LOT without interferance from a 3rd party, dillution or Loans (depending on how much it could be sold for).

Arian did it with Geologix their Tepal Property back around 2009/10 to keep the company afloat during that period ...why not take a big step now and get this company direction?

If you cant afford it then dont buy it however .....with Callicanto 'Sold' $$$$

Mmmm 300 million ozs of Silver is almost one ounce per share equiv....CMON Jim....its in your face. Arian would be a Major Player with potentially more booked resource than FRES.