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LNR - Lanthanein Resources

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I have no doubt abt this email, i was only indicating that alot of ppl r buying based on an email posted online, not a very smart move. and im not attacking mick or anyone here, i fully support mick for posting the email up. js a warning msg to everyone else reading it, if someday someone does post some BS, then ppl who followed that information should have no one bt themselves to blame. I would like to thank mick for posting up and sharing the email with us, afterall thats why we have this forum here.
 
I can't see why anyone who understands the basics buying due to this email. If they do not understand the basics how would they understand the mail?

If people think it is possible I think they should support their statements the same as one should if they promote a stock.

So if people have bought at .13 and this is a serious error, why?

I bought before the mail and if people think buying at .13 is a bad move I certainly want to know why they would think that.
 
Not having a dig at you at all.

But theres nothing stopping anyone from adding or deleting pieces of information from what was posted on hotcopper.

Your intentions are good, and the info received might be 100% correct.

However I can see how it could be abused.
 
Hi Ken,

I agree that one should always do their own research before buying or selling. However, I've posted the odd piece about company's responses to my queries (see MZM and RMG threads for more info). One only has to look at the ERL thread to see the post where I posted the ERL MD's email response to my shareholder query. At the time the company was around the 20c mark. Within a few weeks the share price went to the 50s mark. The email encouraged a number of ASF users to have a closer look at the company. I have since received a number of nice emails in relation to this from ASF users.
DYOR
 


Here, here - exactly. Furthermore, Mick offered only to private message the email to people on ASF. Somebody who was offered that opportunity then went straight to HC and pasted it. They or someone else then did the same thing at SS. Talk about looking a gift horse in the mouth! I Am very appreciative Mick chose to share his info and it is up to each of us to research further if we choose too. I just hope people like Mick aren't discouraged by the foolish.
 
Hotcopper is a pretty poor site, where far too many posts go through with very little to back anything up.
 
I would just like to thank all the people that have offered supportive comments about the discussions I had with Peter McNeil. The intention to release it by private messages was that only people holding or thinking about buying into FNT would receive the imformation so they could make a more informed decision. Its just a shame the members of ASF couldn't benefit first from the information.

As for the information contained in the email, I would like to publicly thank Peter McNeil for taking the time and effort to deliver such a detailed statement. I have been trading shares for a fair while now and I must say that he is one of the most honest and upforward CEO/MD/Drilling Managers I have been lucky to talk to. And to that point the dates he has stated in the email they might not be exact but I believe that they will turn out to be pretty close to the mark.

Meaning that over the course of the month of June we will receive 3 market sensitive announcements regarding drilling and resource upgrades of the Kodu project in PNG. Which for all holders is the newsflow we have been so keenly awaiting. Not to mention the commencement of drilling at ELO next week!!


So to todays trading it is positive that we are slowly working through number of shares on the sell side down about 1.2 million from yesterday. And with the drill results due early next week we might be able to go on a bit of a run.
 
FNT has very few substantial holders. So the liquidity of the stock is very good and its very easy to get a hold of FNT shares. I have never seen a speculative stock with such big trades going through, with very little share price movements.

What does this tell us?
 

It tells us the liquidity of the stock is very good and its very easy to get a hold of FNT shares. Big trades going through, with very little share price movements.
 
Pommiegranite said:
It tells us the liquidity of the stock is very good and its very easy to get a hold of FNT shares. Big trades going through, with very little share price movements.
Click to expand...

No no no, you've got it all wrong...it tells us that with very little share price movements and big trades going through that it is very easy to get hold of FNT shares because the liquidity of the stock is very very good...i hope this clarify's the 'situation' at hand.
 

That a lot of people want out because they don't think the stock has potential, but just as many post on ASF and Mick sent them a PM and look forward to receiving rewards in the short term
 
Well after speaking to the MD Peter McNeil myself, I picked up a nice package today. Also I can confirm the email's validity, no offense Mick if any is taken, and also nice work on the email. Thanks for sharing it.
 

I don't know, tell us. I do not have detail on individual transactions. Going on total volume today it would not appear big trades were going through. Maybe you can post the detail of the trades for those of us who do not have that facility with our brokers.

Most blue chips I own have huge volumes without much movement in s/p. What does that mean?
 
I cannot understand why people preach about others not backing up their claims and do exactly the same themselves.
 
Spaghetti,

Going on total volume today it would not appear big trades were going through. Maybe you can post the detail of the trades for those of us who do not have that facility with our brokers.

Maybe a 100,000 trade or 2 at the best, does anyone know where to get free break downs of individual trades?
 

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very funny guys!

Volume is obviously up on normal. But the price is not going anywhere.

I want to know if anyone has been watching the stock closely, and can see whether or not anything funny is going on. like big sell orders coming on to keep the price down.

there would be people who have experience seeing whether stocks are being capped.

chicken talked about this with AGM at 33 cents for a long time. and obviously he knew what was going on.

we are trading more than the average volume.

are we looking at a stock being capped?
 
Have a look at another one of mine, GRK. That will make FNT look normal.

Usually a million is a big trade day, usually much less. Sellers are building a wall at .11 like they don't want it to move.
 
Mick2006,
Great post mate, sparking some conversation... As you know I'm grateful.



UPKA and Ken,
What makes you think people/forum readers are buying as a result of mick2006's post?
I understand it's a possibility... but you could say people are just buying FNT because YT's giving them a rap. LOL!



Great question Ken, when I’ve been watching it does seem that some seller/s (off-screen) come in when SP goes up. Stale holders? Just liquid? Some.... big wig dumping a shyte load of shares??? Dunno hey.
Agree with chicken knowing some stuff, love reading his posts LOL!

aaronphetamine said:
If people decide to buy (or sell) on this information, that’s their perogative, mick never suggested anyone do anything with this information other than read it and make up your own mind.
Click to expand...

Agree 100%.

We, alone, are 100% responsible for our actions; no one bears blame but ourselves. You, alone, create the outcome.
 
Ken

Though I do not agree with your views on frontier your observations have prompted me to fire off an email to the asx regarding Green Rock. It just didn;t make sense that a positive ann driving a share price up 28% one day hits a brick wall by sellers, no shortage of buyers at all for this stock. Thanks for bringing that scenario to my attention.

FNT on the other hand has had no reason to move apart from support from this forum, and possibly others. Maybe we just are not numerous enough lol.

Probably any who sell are tired of waiting and buyers are a little wary until an annoucement. I can't see any deeper than that.

I would think if the Kokoda track was not an issue it would be a more attractive option for many. The way I see that is though that it is better in Australian hands as it will get mined by someone. PNG will not give it up for a few yuppie trekkers from OZ who are not good for the local economy. The minng will be away from the track itself and an Australian company should be sensitive enough not to disrupt it. So a positive from my point of view.

Also mining in Australia itself is getting too expensive giving rise to mining in countries previously avoided. We have had our boom and now other nations want their turn ..... or massive compsenation payouts.
 
forgive my newbie question,
but what does it mean if a stock is being capped and what implications can/does this have?
thanks
 
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