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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 paulindoonon Mar 21, 2012 12:34pm
220 Views
Post# 19700489

RE: so now what???

RE: so now what???

bull_man: Not only what you mention but there also:

- have been improvement put into the mill (at our cost) that have improved ore recoveries

- have added an on site modular lab that is fully staffed & properly equipped

- have more money in the bank to ready to pay for additional drilling (thnx to increased sale of the ore concentrate)

- our mgnt team has now gained expertise pertaining to the SJ rock & mineral formation, plus overall running of SJ  mine

- have solved the previous security problem

- Calicanto is now dewatered.

- and maybe most important, we have been the receipant of several analysist evaluation papers ALL pointing to a much higher share price level.

Yeah, I shake my head at the dropping share price!!!!!!!!!!!!!!!!!!!!

Bullboard Posts