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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.


OTCPK:ASLRF - Post by User

Alien Metals Ord Shs
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Comment by falcon51on Jun 07, 2013 10:07am
64 Views
Post# 21497239

RE: RE: Share Consolidation

RE: RE: Share Consolidation

Are you crazy, consolidation never helps the value of a stock. It just adds more downside to share holder value. Silver has to rebound in the future in order for AGQ to rise again plain and simple. They will keep drawing on their credit facility in the mean time.

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities