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 falcon51on Jun 21, 2013 10:15am

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Post# 21554472

WOW!!

The evening before the Fed anounces it will keep buying debt , the margins on Gold and silver get raised yet again, Talk about controlling the markets, Gold and Silver should have rallied yesterday on the Fed's decision, instead it tanked. With this kind of manipulation going on it will be almost impossible for precious Metals to ever get a ralley going again, Fed wants to keep their tresuries as the safe haven so they can sell the debt they are printing every month and keep the all mighty green back strong and attractive.

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