LNR - Lanthanein Resources

[mobcat]

Just a observation guys i know we are not the whole market sentiement and we are a bit biased because we hold or plan on holding but our fellings as a collective seem to be very positive for FNT and we all seem to be pointing FNT as a buy at these levels as we allways new FNT would find support around 17 >18 on a retrace just wish i had of taken action of my knowledge easy in heindsight hey if we try and read market sentiement into the play i wouldnt be at all suprised to see fnt have a little vol and sp spike maybe next week some time so i dont no weather to top up sooner rather than latter or hang out for the mid ann slump (may or may not happen )and that should be about the second or third week in july i do fell that their is a lot of money to be made here its just a matter of timing to maximise profits

 

[Spaghetti]

Well a bit off subject but I would like 3.3 million of anything. 3.3 million peanuts would even be nice. I have peanuts, but oh so many

Anyways I think I am back on the FNT train, lets hope it makes our all our lives merry.

 

[YOUNG_TRADER]

We all now know the fundamentals of FNT, its time to let the company and the drilling prove up the work,

ELO's results are what I'm waiting for, they could be company making,

Still free carrying half my position

 

[vert]

are we watching thid guys, this on the march again, i wonder if the 1 mil order placed at 21 will stay or not any ideas to why we are running ?

 

[Spaghetti]

Well I would like to say it is because I jumped back on the bandwagon, but serioulsy doubt that. So yes, wonder what is happening?

 

[questionall_42]

I am watching this...

I have no idea why it started to run now, 30 mins into the first session of the new financial year. Who? Why?

I am perplexed. I will never try and understand short term trends.

Good luck to all holders.

 

[flyboy77]

Frontier on the March!

Something is a foot gents (and ladies).

Trading at 21 now. 5.2 million shares traded.

Options marching through 5c too!

 

[vert]

well that 1 mil sell at 0.21 didnt slow it down and now its been taken out, well what a pick after selling at 0.25 for 100% then putting a buy in for 0.17 and just getting filled last week and now here we go again

 

[alankew]

Flyboy well spotted,just noticed on Comsec the options are now up .013 after being as low as .037,seems like a dangerous stock to be in and out of

 

[YOUNG_TRADER]

This was from the last ann,

Its the only thing I can think of that would cause price movement



Assay results are awaited for 5 Frontier diamond core holes (>1,607m), including 3 northeast sector strike and
depth extension holes, plus KFD014 that is currently testing for ‘annulus’ mineralisation. These holes could all
contribute substantial additional tonnage to the next revision of the Inferred Resource.

 

[zed327]

Well done Vert.
I'd probaly hold a little longer this time as i think it has only just started a major uptrend.

 

[flyboy77]

This was from the last ann,

Its the only thing I can think of that would cause price movement



Assay results are awaited for 5 Frontier diamond core holes (>1,607m), including 3 northeast sector strike and
depth extension holes, plus KFD014 that is currently testing for ‘annulus’ mineralisation. These holes could all
contribute substantial additional tonnage to the next revision of the Inferred Resource.

Trench and sample results are DUE any time from the Bukuam prospect too......

Either way the 'news' looks positive judging by the price action.

GLTA!

 

[Pommiegranite]

Ok...this is my first ever chart...so please go easy on me.

Is this the infamous cup and handle forming? Although today was a down day on lower than usual volume?

Can anyone read these tealeaves please?

 

[mick2006]

Much like the info I was able to obtain from the MD of FNT Peter McNeil

For anyone interested I have managed to strike up a good relationship with the Chairman of AZS Tony Rovira and he kindly answered a detailed Q&A, containing some very interesting information about the company.

Anyone who wants a copy of the email just send me a PM and I will kindly forward it too you.

 

[Boyou]

You guys have got me interested in AZS.I have already picked up some FNT and happy to see how they go.Thanks to all who have been keeping this thread REALLY interesting.

Yes mick2006... I would like to see that email.

Cheers Ya'll

 

[motion]

Hey Guys,

Thanks mick for pointing this out...

Here is a write up on miningnews.com.au dated 06/07/07

Frontier pushes on with Kodu project

FRONTIER Resources' Kodu copper-gold project in Papua New Guinea has come a long way since the company was rapped by the Australian Stock Exchange for use of the term "hypothetical reserve" in reference to the project. Report by Bevis Yeo.

While still operating as TasGold, the company secured full control over Kodu and other properties in PNG after terminating its joint venture agreement with South Pacific Minerals in March 2006.

It commissioned Austgold Mine Consulting to carry out a desktop study on Kodu, which had an inferred resource of 85 million tonnes at 0.4% copper and 0.6 of a gram per tonne gold at that time, to assess its possible development.

Signing the agreement to get the projects back (and the study) sent the company's shares skyrocketing more than 320% and prompted the ASX to question Frontier's use of "a 120Mt hypothetical reserve" in a production scenario.

Frontier conceded the term could confuse investors and gave assurances that it would call it a hypothetical deposit instead.

Kodu has also drawn flak from sections of the Australian community for its proximity to the historic Kokoda Track.

Frontier has responded that the people of PNG needed projects like Kodu, and since that time the company has done all it could to ensure minimal impact along the historic 96-kilometre trail.

PNG Minister for Mines Sam Akoitai has backed the Kodu project, saying the people of PNG needed the economic and social benefits that come from the mining industry, while landowners in the area have also expressed their "full and undivided support for the exploration licence-holder Frontier Resources".

Amid the controversy, Frontier has been busy. It has drilled 24 exploration holes totalling 8151m that have allowed it to crank Kodu's inferred resource estimate up to 203Mt at 0.28% copper, 0.32 gram per tonne gold and 73 parts per million molybdenum (0.47% copper equivalent.).

The company has drilled an exploration hole on the southeast side of the Kodu Hill to test a theory that mineralisation at the deposit could surround the Hill.

It has identified additional development targets in the area.

Frontier managing director Peter McNeil said the company was in the process of a selecting an engineering group to carry out a scoping study to evaluate possible development paths and continued exploration.

He added that the company would carry out about 18 months of drilling using two rigs that should give it a measured resource by the end of 2008.

"My goal is to try and double the size of the inferred resource again to bring it up to about 400 million tonnes and from that we would aim to get a reserve of 250Mt to 300Mt."

This is expected to be followed by a feasibility study that will take at least a year to complete before Frontier brings Kodu into construction.

McNeil was cautious about the mine that Kodu could support, however, a 300Mt reserve with grades similar to Kodu's current inferred resource could support annual production of about 100,000t copper equivalent for 15 years.

He added that Frontier, which holds 100% of Kodu, was likely to come to some arrangement with local landowners in which they would take a small direct interest in the project.

Kodu Deposit
Owner: Frontier Resources (100%)
Location: Central Province, Papua New Guinea, 55 kilometres northeast of Port Moresby
Resources: Inferred resource of 203Mt at 0.28% copper, 0.32 gram per tonne gold and 73 parts per million molybdenum.
Expected milestone dates:
Scoping study – 3rd quarter 2007
Feasibility study – Early 2009

 

[mick2006]

quite a few ASF members have been asking me if I still hold FNT, and the answer is yes, I took a few profits between the levels of 20-25c.

Apart from the release of the assays from the last few holes at Kodu, FNT should be fairly quiet until we hit August when the newsflow will start to pick up again.

In August we will have the latest resource upgrade from Kodu and the first results out of Elo.

So I will be looking to increase my holdings early August in anticipation of some more very encouraging news out of the company.

As I am now on holidays I will be sending off another email to Peter McNeil in the coming weeks to get a better indication of the timeline for these releases.

If anyone has any questions for Peter just let me know and I will ask him.

At the moment there are some better companies out there short term to make some good money in. But I certainly will be topping up on FNT come early August.

Some other companies with some shorter term possibilities would be CUL (iron ore) and AZS (molybdenum/lead/zinc) with AZS having a possible 5 market sensitive announcements in July.

 

[flyboy77]

Mick

From a previous post......
In the Bukuam announcement on the 19th June:

"Seven geochemically anomalous zones were evaluated in January and February this year via focused pitting, hand trenching and composite rock chip sampling, plus geological mapping. Soil, trench and rock chip samples were despatched to the laboratory by sea freight and were short shipped and ‘lost’ resulting in the long time frame between sample collection and reporting. Assay results from these trenches and rocks are expected to be returned shortly and will be announced thereafter."

Re Kodu, in the FNT release of 18 June, the following:

"Assay results are awaited for 5 Frontier diamond core holes (>1,607m), including 3 northeast sector strike and depth extension holes, plus KFD014 that is currently testing for ‘annulus’ mineralisation. These holes could all contribute substantial additional tonnage to the next revision of the Inferred Resource."

Either or both could have significant impact on SP. The volume that went through last Monday (~11M Shares) wasn't just little guys buying a few thousand bucks worth.....?

 

[Ken]

Chartwise have we started an upward trend.

I wanted back in at 17 cents but i may have to pay 18 cents...

And i want in within the next 2 weeks.

Options look the best value at low 4 cents... because we know when the share price hits 20-21 cents the options will be mid 5's....

 

[Ken]

For those who have an interest in FNT.

Please be advised I have the TOP sharesholders change from the last month.

10th of July to 10th of June


Notable changes that occurred:


ANZ nominees top share holder - has been playing some games.

10-6-07 - held 17,506,519 (13.222%)
19-6-07 - held 17,129,519 (12.937%)
26-6-07 - held 16,481,217 ( 12.448%)
10-7-07 - current holding 18,775,382 (14.145%)

McNeils - no changes -good to see.
French Consulting - previous holding 0. current holding 1,000,000
Citigroup Nominees - Previous holding 5,140,716. current holding 802,416
National Nominees - PRevious holding 1,533,690. current holding 533,690
Mrs Karen Jayne Disney - previous holding 480,000. current holding 900,000
ZORIC & CO - previous holding 455,000. current holding 1,500,000


Overall the top top shareholding has been reduced from 38.24% to 36.938%

TOP 20 now hold 49,029,320 out of a possible 132,732912.


According to the investor program, there is 2700 share holders on the list... that seems extremely high. Because if the top 20 hold rougly 50 million shares.. then that leaves 80 million shares outstanding. Divide 80 million by 2680 share holders and that equates to roughly 3000 shares per share holder.

Which seems low....

Anyways, looks like ANZ sold some up toppp... and have topped up...
a couple have taken profits. but the mcneils are still right behind it.

Macmin Silver, Mcneil associates, Paige mcneil, peter mcneil are all in the top 8 share holders... so thats a good sign considering they run the company.

Good luck.