LNR - Lanthanein Resources

[Caliente]

Nicely done Ken! My tip for this month is turning out to be an absolute dog (GLX).

Praise the lord I didnt actually put any money on it.

 

[Ken]

If there was a capper, it would appear he/she is finished, the buy orders at 12.5 have gone, which may leave the stock open to a bit more volatility.

I think the bell will strike friday, for those that want to be in or out, if the resource upgrade is on monday.

The market is set for a few rough days so if FNT can hold strong I think more positive signs, for short term gains.

 

[mick2006]

yes Ken it will be very interesting to see if there is a large sell order parked at 13c sometime before the open.

I think the general market will be surprised by the Kodu drilling announcemnt due out today or tomorrow as all the focus has been on the resource upgrade.

Hopefully with hole KFD0005a hitting 500m plus of mineralisation it could wipe a bit of resistance before the resource upgrade on monday, leaving the stock primed for a decent run if the resource upgrade is as big as has been speculated.

 

[mick2006]

interesting to see 15 minutes to open and still no large sell order.

Also the large bank of resistance around 13.5c is starting to break up with some coming down to sell at open and other dissapearing alltogether.

Not sure if today would be the best day to release the Kodu drilling results as the market will be largely down, and wouldn't get the whole upside. On the other hand it may stop a short term correction.

What do you guys think would today be a good day for the release?

 

[Pommiegranite]

What do you guys think would today be a good day for the release?

Doesn't matter as long as its good. I'm holding long term.

However, having said that I would like to see the SP move soon to fend of any potential takeover at this discounted Market Cap.

 

[rico01]

The price capper has just dissapeared:bier:
hope fully gone for good or maybe he,s run out of stock to sell

 

[mick2006]

so guys what has been going on today as I have been away from the computer. Did we have another bout of large sell orders at 13c?

Looks like the battle for 13c might have been won, what time did they pull the last 13c sell order?

Positive signs that the sell side is below 3million the first time in about 2 weeks.

Now only 1.15 million up to the 15c level only half as much as start of trade tuesday.

Looks like the buyers have been slowly absorbing the excess stock that is being sold down and its in a good position to have a run when we get the next announcements.

 

[rico01]

so guys what has been going on today as I have been away from the computer. Did we have another bout of large sell orders at 13c?

Looks like the battle for 13c might have been won, what time did they pull the last 13c sell order?

Positive signs that the sell side is below 3million the first time in about 2 weeks.

Now only 1.15 million up to the 15c level only half as much as start of trade tuesday.

Looks like the buyers have been slowly absorbing the excess stock that is being sold down and its in a good position to have a run when we get the next announcements.

I,m afraid the capper has gone into hiding but still capping from his hidden desk. every time abuy comes on at 13 it is quickly taken in a mysterious way

 

[surfingman]

Can someone clarify with me please, I use etrade and there is no sell orders for .13 but i put in an order for .13 and it was instantly filled been watching this and its happened a few times????

Probably just an etrade problem or 30 mins delay...

 

[mick2006]

Is that lone 150k bid at 13c possibly the last shot in the cannon. Would be very interesting if it got to the stage of having say 500k on the buy side at 13c whether it could be taken out or they have finally run out of ammo.

 

[petervan]

No I think you have bought 3 or 4 times shares at 13 centsPhone etrade.....................

 

[motion]

Can someone clarify with me please, I use etrade and there is no sell orders for .13 but i put in an order for .13 and it was instantly filled been watching this and its happened a few times????

Probably just an etrade problem or 30 mins delay...

Hi Surfing man.. I have been watching FNT and you are right there is 0.125 on the buy side and 0.135 on the sell side... but there have been some big numbers going throught at 0.13 with out them showing up on the buy or sell side...

Time Price Volume Value
13/06/2007 02:40:51 0.13 20000 2600.00
13/06/2007 02:34:22 0.13 257500 33475.00
13/06/2007 02:34:16 0.13 142500 18525.00

Interesting...

 

[surfingman]

Could of been the start of a bug from etrade's side its now crashed on my pc throwing 00000 everywhere, there will be some seriously pissed traders....

 

[rico01]

trading halt
Is this the announcement were all waiting for or just another delay caused by asx

 

[Sean K]

Looks pretty good.

Should extend the resource quite a bit. I wish there was more clarrity on whether Kodu will be a goer. I feel this is holding it back.

 

[Mazrox]

It's the ann:

MINERALISATION AT THE KODU DEPOSIT EXTENDED FURTHER
WITH LONG DRILL INTERSECTIONS SUCH AS
450M GRADING 0.48% COPPER EQUIVALENT* (TO END OF HOLE)
The copper - gold - molybdenum mineralisation on Section 9850N, in
the far SW sector of the Kodu Deposit, has been extended to about
500m vertical depth.
Hole KFD005A (Section 9850N) returned 450m grading 0.32% copper +
0.39g/t gold + 31ppm molybdenum, from 50m to end of hole.
Mineralisation on Section 10,100N in the NE sector now extends to
almost 500m width and to 400m vertical depth.
Hole KFD007 (Section 10100N) returned two significant mineralised
intervals being 188m grading 0.53% copper equivalent* (from 8m to
196m) plus 163.3m grading 0.38% copper equivalent* (from 234m to
397.3m at end of hole).
Hole KFD008 has the potential to extend the mineralisation on Section
10,100N to 540m vertical depth, when assays are reported.
Hole KFD014 is currently >290m deep drilling the ‘Annulus’ anomaly
on the SE side of Kodu Hill, to evaluate the possibility of mineralisation
around the hill or parallel to that known and at depth to the SE.
The updated Inferred Resource estimate is expected to be released
June 18th.

Let's see what happens now...

 

[surfingman]

The time of the last 2 announcement releases has been bad timing in my opinion, it should be earlier in the day to allow a time time to run before close... I think i should stop following this stock so closely in the short term...

 

[UPKA]

The time of the last 2 announcement releases has been bad timing in my opinion, it should be earlier in the day to allow a time time to run before close... I think i should stop following this stock so closely in the short term...

I think the company announcements have to go thru ASX first, after they approved it, then its allowed to be released to the market, so its completely out of the company's hand.

 

[Pommiegranite]

Looks pretty good.

Should extend the resource quite a bit. I wish there was more clarrity on whether Kodu will be a goer. I feel this is holding it back.

The greater the resource at Kodu, the more likely it will go ahead.
Not just from a feasability persperctive, but also from the angle that PNG will more likely tell Howard where to go, the more profitable Kodu appears to be.

All round... another win win announcement

 

[djones]

A little bit of buy depth at 13c is good to see. Someone with no brokerage buy a few shares at 13.5c to end the day on a good note!