LNR - Lanthanein Resources

[Pat]

Good point about credits providing respite.

Just applying value to credits for the latest hole results, I'll report the best grading for each metal from any hole;

Moly - 74 ppm (or 0.0074%). 4th June ann included a Moly hit of 105ppm, so we can use that if you'd like.
Gold - 0.39 g/t
Silver - 1.5 g/t


From my discussion with Azureus Minerals MD, you'd need at least 0.05% moly (500ppm) to justify an operation.

With regards to gold and silver, I'm not so sure about the gold (is it heaped the same way and just comes out as a pure credit. from my vague year 12 chem knowledge, gold processing requires cyanide, not sure if they use that in copper processing), but silver at 1.5g/t is definitely subeconomic.

Point: do we include these unamazing polymetallic results as real credits?

Caliente,
The question is will FNT's SP increase?
It sounds like you don't think so. IMO as long as copper trades at the current level, and FNT continue to upgrade its resource/s there will be profit to be made.

 

[spottygoose]

Hi guys,

I was wondering if anyone had some specific information about Peter's presentations on the Gold Coast tomorrow. Thought I read some info the other day but can't seem to find it now. Wouldn't mind going along for a look if its convenient.

Cheers

The Gold Coast Resources Stock Show is on 14th & 15th June at the Surfers Paradise Marriot. Peter is speaking on Friday - scheduled for 10.10am. www.verticalevents.com.au are the organisers and you can register through them. Event is free and includes morning tea, lunch and afternoon tea.

 

[Maddy]

FNT FRONTIER RESOURCES LIMITED FPO

Trade Time Last
Number (s) --- Traded --- Price --- Volume --- Change --- Value --- No of Trades
53 - 58.......4:10:50 pm..13.5......150,000......+0.5.......$20,250.......6
36 - 52.......3:54:37 pm..13.........606,531......+0.5.......$78,849......17
35.............2:41:49 pm...12.5.........3,449......-0.5.......$431...........1
19 - 34.......2:40:51 pm..13......1,160,490......+0.5.......$150,864.....16
16 - 18.....10:37:13 am...12.5.......75,000......-0.5.......$9,375.........3
1 - 15.......10:36:08 am..13.........448,000..................$58,240.......15

FNT trade summary for the day. What I find strange is the trade for $431 at 2:41 pm !!

IMO given there are few positive ann expected in near future, its the patience game now

 

[mick2006]

well boys and girls could this finally be the day for FNT, at this stage it looks like alot of sell orders have been pulled overnight now down to 2.3 million, not much resistance left with sellers retreating higher.

I can't help but think what would of happened to the shareprice if the announcement came out today with market sentiment likely too be much better after the large rise in the US markets overnight.

Should be an interesting couple of days trade with the broader market now knowing the resource upgrade is due on monday there could be some serious buying action heading into the weekend.

As Peter McNeil has said he is handing over the Resource Upgrade Statement to the ASX on friday so they have plenty of time to read it over, so expect it to be released bright and early Monday Morning

I like the following quote from yesterdays announcement, could it be giving us an indication of what to expect on Monday?

Hole KFD005A was drilled to the SE at the south western end of the Kodu Deposit, at an 80 degree
inclination (ended near vertical). The hole was designed to test the depth of the mineralised zone
and the 450m intersection of 0.48% copper equivalent* returned to the end of hole therefore nearly
represents its true vertical extent. The assay results from the hole adds a significant new block of
mineralisation where none was modelled in the August 2006 Inferred Resource and therefore will add
appreciable tonnage to the new resource model.

Would like to hear FNT holders thoughts heading into Monday's upgrade statement!!

 

[djones]

FNT FRONTIER RESOURCES LIMITED FPO

Trade Time Last
Number (s) --- Traded --- Price --- Volume --- Change --- Value --- No of Trades
53 - 58.......4:10:50 pm..13.5......150,000......+0.5.......$20,250.......6
36 - 52.......3:54:37 pm..13.........606,531......+0.5.......$78,849......17
35.............2:41:49 pm...12.5.........3,449......-0.5.......$431...........1
19 - 34.......2:40:51 pm..13......1,160,490......+0.5.......$150,864.....16
16 - 18.....10:37:13 am...12.5.......75,000......-0.5.......$9,375.........3
1 - 15.......10:36:08 am..13.........448,000..................$58,240.......15

FNT trade summary for the day. What I find strange is the trade for $431 at 2:41 pm !!

IMO given there are few positive ann expected in near future, its the patience game now

If it was/is capping they did a pretty **** job, only managed to pick up around $10000 worth at 12.5c. Personally I think its a substantial holder selling out, for what reason I dont know, hopefully personal/company reasons.

 

[mick2006]

just one last little tidbit of info this morning looks like the german investors liked the Kodu drilling results last night as the FNT shares in germany traded higher by 8% on decent volume for the german listed shares.

 

[motion]

Well an interesting opening.. seems to be a stand off at the 14.5c - 15c mark...not much movement at the moment... I was looking for alot more today but it's only early maybe some people are still watching this off screen to see what happens.. DYOR and chew the fat...

 

[UPKA]

Well an interesting opening.. seems to be a stand off at the 14.5c - 15c mark...not much movement at the moment... I was looking for alot more today but it's only early maybe some people are still watching this off screen to see what happens.. DYOR and chew the fat...

i thought its already an decent gain, knowing this stock hasnt moved for weeks! i think monday's resource upgrade will be alot more interesting, as yesterday's ann was rather brief, and monday's ann with big numbers and plain english will do alot good for FNT.

 

[Ken]

I am holding.

The options are a more interesting play now.. a couple of ticks up on the heads of FNT, and FNTO may move a little.

15.5 cents on FNT and it will create a lot of interest.

 

[motion]

i thought its already an decent gain, knowing this stock hasnt moved for weeks! i think monday's resource upgrade will be alot more interesting, as yesterday's ann was rather brief, and monday's ann with big numbers and plain english will do alot good for FNT.

UPKA I agree.. I think this is a good thing for FNT and it can only move up from here.... well needed for us share holders....

 

[dj_420]

that seller is back still unloading stock, when will he run out of stock???

i see huge resistance at this 14-15 cent mark, once it break that who knows where it will go, the pressure is slowly building to take out that resistance

 

[Craze0123]

I just got rid of my MLS stock and went straight into this, I saw that 500k guy but he went fast, more are stacking now at 14.5

 

[dj_420]

yeah i spoke to soon, someone took out that seller, nice job

we need to break 15 cents and hold above it IMO

 

[Ruprect]

he sure must have some stock to offload, always seems to be in 500k lots. At the same time that he threw some in at 14.5, a large bundle of oppies went for sale at .3.

Hold at 14.5 or 15 and should be a good lead in to tomorrow and monday which should be the big days.

Im glad i bought some of the heads as well, cos the oppies have hardly moved at all!

 

[prawn_86]

gotta love seeing the buy queue get bigger and bigger while the sell queue shrinks

hopefully mondays ann causes people to sit up and take notice.

just my ramblings

 

[motion]

he sure must have some stock to offload, always seems to be in 500k lots. At the same time that he threw some in at 14.5, a large bundle of oppies went for sale at .3.

Hold at 14.5 or 15 and should be a good lead in to tomorrow and monday which should be the big days.

Im glad i bought some of the heads as well, cos the oppies have hardly moved at all!

Yep I topped up at .3 again it's not a bad price if you look at the Price History over the last 2 months... well lets keep the % growing.. seems this guy still holds alot of shares....

 

[mobcat]

Who ever it is it looks like they are having fun ...........at the same time they just dropped 250k into the heads at 15 and 250k into the oppies at 3 the orders are decreasing so they may well of traded down for the time being it do,s take quite a while to sell large parcels of shares but it is great fun and can be very profitable if planned and executed properley watch and learn they know what they are doing

 

[nioka]

There seems to be more talk about market manipulation than talk about the companies business on this thread.. sounds like "reds under the bed". I think some of the posters are getting paranoid and reading much more into the trading that there is in fact.

 

[prawn_86]

I think some of the posters are getting paranoid and reading much more into the trading that there is in fact.

have you watched FNT over the last couple weeks? there has definetly been capping or something happening with the price of late.
not too sure about today though but why would you put in a sell order at 13.5 when plenty was going through at 15?

 

[nioka]

have you watched FNT over the last couple weeks?
why would you put in a sell order at 13.5 when plenty was going through at 15?

I have watched and I hold. A sell order lower than a buy order can be used "to jump the queue" at times. Was there a sale at 13.5 at that time?