LNR - Lanthanein Resources

[Ken]

The announcement looks like the commencment of drilling at ELO png, i doubt it will have an effect on share price, might bring in a few buyers at 13 cents, would be surprised if it broke 13.0.

 

[prawn_86]

finally got through that 500000 i wonder if it was bought out or the capper is happy with things now?!
hopefully the capping will stop and it can run now

 

[rico01]

The ann has stirred a little interest, maybe even enough to get rid of the capper since his buy orderat 12.5c has not been filled

 

[Ken]

FNT is going now where.

As soon as a buy appear on at .13 its gone, and gets sold.

Some on the trigger button off screen selling.

 

[motion]

Well after reading the post in here and watching fnt for the day I can see what people are talking about.... the 13c mark just keeps coming up....and they seem to be some big sizes as well... Very interesting.. I wounder when they will let this baby move....

 

[INORE]

yeh i saw that Ken....and look...our mystery crapper is back with a vengance....it seemed he had a bit of a delay getting that big sell order back in at 13c

 

[rico01]

yeh i saw that Ken....and look...our mystery crapper is back with a vengance....it seemed he had a bit of a delay getting that big sell order back in at 13c

Yeh but now he's gone again. Maybe he's worked out that there could be some value in holding these shares

 

[kgee]

I like the way FNT do their announcements and the mention of "no where near the kokoda track"
Just the fact that its concise and doesn't turn phrases such as "this exciting new development"
I just hate those announcements that read like they'e been written by a used car salesman
nice work

 

[rico01]

Yeh but now he's gone again. Maybe he's worked out that there could be some value in holding these shares

HE was there one miute then gone all the shares at 13c were bought up now he,s back at 13 very fishy

 

[Ken]

Have no doubt funny buggers are going on at the moment.

Never seen this with a stock before. Almost like the seller has it on auto sell/or buy.... all happens in a blink....


In a way its frustrating, but in another way, it looks like a plan.

Every stock has a time line, and we are just at the beginning of FNT's

 

[Ken]

what is the chart teling us? i tried to do some charting on this one like i had done with IGR, but seeing as FNT has reallly been flat as a panckae for a long time, i am finding it hard to come up with anything?


support looks definate at 11 cents, and resistance looks to be around 15 cents. how long it will continue to trade in the 11 cent to 15 cent range is anyone's guess.

hopefully will be over the 15 cents range sooner rather than later.

 

[prawn_86]

it is situations like this that charts seem pointless to me.

IMO and correct me if im wrong, a chartist would never get in at the beginning of a trend.

i guess thats just a risk you take with something like this, and you have to base in on its fundamentals. ie - seems to be way undervalued.

only possible charting application to this stock is the increase in volume over the last month or so

 

[Sean K]

it is situations like this that charts seem pointless to me.

IMO and correct me if im wrong, a chartist would never get in at the beginning of a trend.

I alread have some but will pick up more on a breakout from the current trend which is sideways, as I indicated on a chart some time ago. So, the opposite of what you say in this instance prawn. Surprised the last 2 anns haven't seen this a bit higher. What do they have to do, discover Olympic Dam?

 

[Pommiegranite]

what is the chart teling us? i tried to do some charting on this one like i had done with IGR, but seeing as FNT has reallly been flat as a panckae for a long time, i am finding it hard to come up with anything?


support looks definate at 11 cents, and resistance looks to be around 15 cents. how long it will continue to trade in the 11 cent to 15 cent range is anyone's guess.

hopefully will be over the 15 cents range sooner rather than later.

As far as I'm concerned, the chart is irrelevent with this one (sorry to all you chartists out there). I don't give a cap about capping, or who or what is doing what with buy/sell orders.

With FNT, its all about fundamentals. I liken it to a volcano....years of pressure...then one day one almighty eruption. Look at how the SP quadrupled last July after the misinterpretation of the desktop study.

Consistent favourable drilling announcements & JORC upgrades will tip the risk/reward balance will tip firmly in favour of reward.

 

[UPKA]

Surprised the last 2 anns haven't seen this a bit higher. What do they have to do, discover Olympic Dam?

the last couple of ann was rather insignificant, if u read thru the reports carefully, they are js re-stating wats already known, thus the little movement in SP.

 

[Sean K]

the last couple of ann was rather insignificant, if u read thru the reports carefully, they are js re-stating wats already known, thus the little movement in SP.

LOL. In that case I'l change that statement to 'I'm surprised what was already known has not positively effected the sp.' Cheers.

 

[dj_420]

the last couple of ann was rather insignificant, if u read thru the reports carefully, they are js re-stating wats already known, thus the little movement in SP.

yes but you do realise the market does not know everything at all times! sometimes it needs reminding

look at AGY sitting on billion dollar deposit then market wakes up and realises this. disc: no longer holding AGY

so you also thought that drilling beginning was insignificant?

 

[mick2006]

for all you FNT followers check your PM's, just a quick update from Peter McNeil and an insight on his dealing with the ASX regulators.

 

[UPKA]

so you also thought that drilling beginning was insignificant?

I would think its a step forward for the company, be it bring no significance in general, as we all know that Elo project will start soon, wats more important now is the resource upgrade in Kodu. so i dont think the market will really react to today's report, altho there r good signs e.g. the estimated size of Elo and comfirmed the locality of the project. so in the end market will like surprise annoucements more than this type.

for all you FNT followers check your PM's, just a quick update from Peter McNeil and an insight on his dealing with the ASX regulators.

thanks for the PM Mick, i dont think the SP will say around the 12.5-13c range much longer.

 

[Ken]

My last monthly tipping, in the stocks has been.

CQT on at 50 cents high of 95 cents
MLS on at 7 cents high of 11 cents
EMR on at 14 cents high of 44 cents
ELK on at 27 cents high of 34 cents so far.

Next month i will be tipping FNT for sure. I wish I traded thoses stocks better thats for sure!