Australian (ASX) Stock Market Forum

LNR - Lanthanein Resources

Check the announcement just out for FNT what a pleasent suprise indeed to wake up to .............she moved nicley in germany overnight up 33% happy days:D

Tell me about it MC!!!!!!!

150% increase in the anomaly length!!! :)

A masterstroke by management! Makes the market sit up and ask themselves "so this company has more than just Kodu?":D
 
Tell me about it MC!!!!!!!

150% increase in the anomaly length!!! :)

A masterstroke by management! Makes the market sit up and ask themselves "so this company has more than Kodu?":D

js a stupid question, how significant is this increase? i mean its an estimated area increase from soil samples, bt there might be nothing underneath at all?:confused:
 
js a stupid question, how significant is this increase? i mean its an estimated area increase from soil samples, bt there might be nothing underneath at all?:confused:

true..but what you have to remember is why companies drill where they do in the first place?

From my limited knowledge, they look for anomalies. So a larger anomaly increases the chances of finding more copper/moly underneath. More drilling = hopefully more resource:D
 
Damn makes me want to buy more but I am very new to the stockmarket and think I will just sit tight with the amount I picked up yesterday morning (as I was going to do anyway).

Here is to hoping for more good news in the future!
 
Looking like a good open for FNT!! :D

buyers are lining up Strongly!!! and the sellers are thining!!!

It might be opening at 22.5 cents.

See how it pans out, but the management is definitely trying to keep interest in the company by releasing more news the day after a significant resource upgrade!! I wondergin how many more tricks have they got up their sleeves...

Hypnotic
 
Word of caution for new punters. Nothing goes verticle for ever. This is still relatively speculative and day traders will drive this possibly too hard and then cash out and will be in the pub while you watch your stock consolidate. Don't be caught up in the euphoria and buy at the peak only to get caught without a chair when the music stops. Having said that, the fundamental work done here has been very good, so make your own assessment of when to buy and sell. All the best :2twocents

(holding)
 
i agree kennas,
the volume over the last couple days is worrying for me. between today and yesterday already we have had 65million shares traded. that is half of the company.

either someone is buying up big or a hell of a lot oftraders are moving in and this price will begin to act like a yoyo short term.

long term its still a goer imo
 
20 million shares traded in the first 15 mins...

Little sign of respite...

Re: trading strategy - my initial plan was to sell half when I achieve 100% profit; but obviously reconsider if the situation warrants it. FNT warrants it!

Good luck punters.
 
Re: trading strategy - my initial plan was to sell half when I achieve 100% profit; but obviously reconsider if the situation warrants it. FNT warrants it!

I agree. I had intended to do that but will sit and watch. Will sell half if I see a slow down but I can't see that happening yet. With such a volume changing hands and the price still rising I expect more upside.
 
dont forget that their going to announce some inferred resource figures for the tassie project around june 20th from the MD's mouth himself.

It looks like he has played his cards right, pump the stock with many good announcements climbing shareprice and investor presentations. I think
they have done a very good job at creating more interest and hopefully some more big players will join the game.

The last results they released make Kodu look like a sand pit.

My personal feeling is it could be between 30-40 c within a month on the back of good tassie announcements , Start of ELO drilling and investor interest.

Any thoughts?
 
hey KK, did the director say another ann is coming on June 20?

I didn't hear this one before. Is the tassie project that SMRX, or SRMX or something like that? How big is tassie project btw compared to Kodu. Sorry I'd research it myself but monitoring 5 things at once!!!
 
My personal feeling is it could be between 30-40 c within a month on the back of good tassie announcements , Start of ELO drilling and investor interest.

Any thoughts?
Personal feelings aren't enough for a good share price valuation Kiwi. Maybe you should try and crunch some numbers, or consult Yogi's crystal ball to get a more reasonable forecast. ;) :)
 
hey KK, did the director say another ann is coming on June 20?

I didn't hear this one before. Is the tassie project that SMRX, or SRMX or something like that? How big is tassie project btw compared to Kodu. Sorry I'd research it myself but monitoring 5 things at once!!!

KK..you misinterrpreted Peter McNeil's email.

I think the concensus it that although he said he was in Tas working on a resource upgrade...he meant working the Kodu upgrade while in Tas

Or did he mean that?:cautious:
 
hey KK, did the director say another ann is coming on June 20?

I didn't hear this one before. Is the tassie project that SMRX, or SRMX or something like that? How big is tassie project btw compared to Kodu. Sorry I'd research it myself but monitoring 5 things at once!!!

As per the company website:

"
The SMRV Project has good mineralisation potential and offers ‘company maker' sized targets warranting substantial exploration and drilling. Frontier plans to continue to evaluate the gold and base metal potential at the SMRV.
"

That's FNT ramping..not me;)
 
dont forget that their going to announce some inferred resource figures for the tassie project around june 20th from the MD's mouth himself.

Mick has already answered this and Peter (MD) was clarifying the resource figures for Kodu in Tasmania (not for the tasmanian resource). There will not be an announcement for the tassie project tomorrow (20th june).

Also, well-timed announcements are nice for sp appreciation, but management have a slightly longer time frame than day traders, so I'll assume that they are not going to want to artificially inflate the sp for all punters. We are talking about a seriously large deposit. Serious player in the mining game in 5+ years. Remember the fundamentals.
 
ah yes i see what you mean, tasmania and results in same sentence can be somewhat missleading.

I've had a look through their recent presentations but still cant make heads or tails or plans for Tas project. It does mention drilling mid 2007 in one of them.

anyone else have any idea, perhapes our friend could have a chat to the MD to get some clarification of tassie plans.

PS a few more announcement dates would come in handy too :D
 
The share price was hovering around 13c for ages. Now with an increase of 88% in the size of Kodu's inferred resource the price has increased by... 88%.

I like this story. My money's on Elo.
 
Also, well-timed announcements are nice for sp appreciation, but management have a slightly longer time frame than day traders, so I'll assume that they are not going to want to artificially inflate the sp for all punters.
The spike in price last year was due to ambiguity in statements released and the ASX was not impressed, so I agree they will probably be extra careful this time around. I took some profit in the opening this morning to de-risk a possible collapse in price if it occurs because it has run awful hard. So I have a solid seat now even if the music stops, and if it doesn't I'll keep dancing with the rest:D
 
It's certainly been a nice few days with this one but now with the sell side growing and the buy side shrinking, almost 2:1 now, would it be fair to say the music is stopping and the traders are selling out?
I've just closed my position and will keep my powder dry for a few weeks on this I reckon.

Baz
 
FNT has hit the top for a while and is going to retrace hard, get out while you still can, dont listen to day trading rampers on this board. SELL and take your profit, then rebuy in a few days if you like the fundamentals. dont risk losing your money and get out while theres still a bit of buy depth left. (Currently 23c)
 
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