LNR - Lanthanein Resources

[Ken]

I bought back in too early, but I did so with profits and with a view of buy and hold. I plan on keeping till production.

So really in effect. 2 cents here or there makes no difference in the long run. I have a different strategy for long term plays than short term.

But for short term plays timing needs to be as good as Don Bradmans to succeed...

I am holding long and am sleeping just fine with FNT bobbling around.

 

[JackC]

I jumped back on yesterday, after waiting a number of weeks for my order to be filled. I took profits at 20c+ after the last run being onboard at 13c. Also have some more buy orders in so will not be too dissapointed if it heads south a little more in the short-term. I look forward to more excitement in the coming months...
By the way - big belated thanks to YT & Mick for the efforts over the last couple of months. I notice that Ken seems to have picked up the baton after a strong leg from Mick...
Like you said Ken, what's a couple of cents in the long run if you plan to hold until production.

 

[mr_fred]

Hi All,

First time poster on these boards. After reading through your posts and as a long term holder of FNT, I find it strange that investors would be waiting to enter post august for ELO results / Kodu JORC upgrade when we have BuKuam assay results due any day now.

Unless I have missed something, (please correct me) but announcements in the past regarding Bukuam for example on the 25/10/06 sent the shareprice up 100%, and more recently on the 19/6/07 contributed to the recent 25.5cent leap. If you read the 19/6/07 Bukuam announcement page 5, it says "assay results from trenching and rock chip sampling are expected to be returned shortly, and results announced thereafter". Surely that means we could get news when Mr Mcneil comes back from his holidays this week?

Just throwing this out there, I for one can't wait for the ELO results, Kodu upgrade, but the Bukuam prospect can't be ignored, and results are due any time now.

T/A wise, the gap would be filled if we touch 16cents, but considering 16cents is were the shareprice was @ prior to the KODU jorc upgrade, and since then we have had more promising Kodu drill results, Bukuam anomaly increased by 150% and are ever so close to the potential blue sky ELO results, that you would think that a 16.5cent entry is a safe bet. I just can't see this going much further south before the next run, which in my opinion is due any day now.

 

[Ken]

I think further south in the short term is possible. The market is boiling hot in the resource sector. Any hicups, and we will see some money taken out of speculative stocks which will give buying opportunity into stocks that we know have long term futures.

You would think 16.5 is support. FNT is currently bearish, so you cant really say your buying in at the perfect price.

Theres an article in the Pay dirt magazine on FNT which is worth reading.

The target is 3-500mjt grading 0.8% to 1% copper equivalent from near surface. this target is based on the size and tenor of the soil geochem anomaly.

Mcneil does Caution that the potential quantity and grade of ELO was conceptual in nature as no mineral resource had been defined on the propert and it is uncertain if a mineral resource will be defined on the property.

The intent was to release a revised inferred resource in early June (we have had this), then again in early August (will be late August), then likely commencing a prefeasability study to evaluate possible devopment paths and requirements.

From the photos in the magazine article its hard to tell how big the site camp is.

 

[flyboy77]

Hi All,

First time poster on these boards. After reading through your posts and as a long term holder of FNT, I find it strange that investors would be waiting to enter post august for ELO results / Kodu JORC upgrade when we have BuKuam assay results due any day now.

Unless I have missed something, (please correct me) but announcements in the past regarding Bukuam for example on the 25/10/06 sent the shareprice up 100%, and more recently on the 19/6/07 contributed to the recent 25.5cent leap. If you read the 19/6/07 Bukuam announcement page 5, it says "assay results from trenching and rock chip sampling are expected to be returned shortly, and results announced thereafter". Surely that means we could get news when Mr Mcneil comes back from his holidays this week?

Just throwing this out there, I for one can't wait for the ELO results, Kodu upgrade, but the Bukuam prospect can't be ignored, and results are due any time now.

T/A wise, the gap would be filled if we touch 16cents, but considering 16cents is were the shareprice was @ prior to the KODU jorc upgrade, and since then we have had more promising Kodu drill results, Bukuam anomaly increased by 150% and are ever so close to the potential blue sky ELO results, that you would think that a 16.5cent entry is a safe bet. I just can't see this going much further south before the next run, which in my opinion is due any day now.

Quite right Mr Fred - results from Bukuam ANY day now. Not to mention the last 5 holes from the last drill program at Kodu.

Some of these posters lose sight of the facts from time to time.

 

[JackC]

Am expecting update announcement Weds 25th & drill results by weeks end hopefully. This has come from Mr McNeil himself, albeit not to me personally. I have just topped up again.

 

[kamil]

yeah, there are some bears around (with so many other stocks being hot) and so 17c support was overcome.. that said there are lots of bargain hunters too, with support at 15c. this presents a good opportunity to top up ahead of those announcements.

 

[jtb]

I'm in, looks like the gap is filled and imagine we will see support down here now
Off to bed

 

[Ken]

We have a change in the top 20 shareholders with someone offloading 750,000 shares.


There is only a handful of holders that could do this.

I think ANZ nominees is the most likely as they are been playing the stock.

I am reluctant to buy in on a downward curve.

I have profits running in them at the moment...

 

[kamil]

The sellers are now spread out and buying interest at 15c and 15.5c is quite strong and growing, hopefully announcements will act as catalyst for sp movement.

 

[robzilla07]

Is a beginners question... new to options... am looking to buy a call on fnt, however am unsure how to do so.
i do have a options trading account with comsec.
i am using proffessional trader.
and this is my first time buying options, i understand the theory behind them, however i dont understand how to actually make a purchase, sorry if it is a stupid question, its bothering me though.
help would be appreciated.
thanks,
rob.

 

[Pommiegranite]

Is a beginners question... new to options... am looking to buy a call on fnt, however am unsure how to do so.
i do have a options trading account with comsec.
i am using proffessional trader.
and this is my first time buying options, i understand the theory behind them, however i dont understand how to actually make a purchase, sorry if it is a stupid question, its bothering me though.
help would be appreciated.
thanks,
rob.

The option code for Frontier is FNTO.
Exercise price is 20c.
Expiry 30/11/07

Just buy like a normal stock

 

[robzilla07]

thanks for your help, but im sorry i still dont know how to actually make the purchase?
could you give me a play by play on how you would actually make the purchase, or where you found the
"exercise price 20C
expiry 30 nov 2007"
your help is appreciated.

 

[prawn_86]

I jumped into the options today.

The fundamentals are all there and any price under 4c suits me. A lot of upcoming announcements should hopefully keep the interest there.

Does anyone know for certain when the next announcement will be made?

 

[Ken]

I only know of the ELO resource estimate which is still 4 weeks away.

If you are in Melbourne you should go to the FNT presenation being held by AMEC.

I would love to go but I have Footy.

Its on this saturday the 4th I think. See the AMEC website.

 

[Pommiegranite]

I only know of the ELO resource estimate which is still 4 weeks away.

If you are in Melbourne you should go to the FNT presenation being held by AMEC.

I would love to go but I have Footy.

Its on this saturday the 4th I think. See the AMEC website.

Hey Ken,

I'm still trying to find out the details on this. I can't find it anywhere on the AMEC website.

http://www1.amec.org.au/

Where did you hear about this?

Thanks

 

[Ken]

I emailed the company on when FNT would be presenting in Melbourne and early August was when they said.

I used the company email address to do this.

I didnt follow it up because I cant attend.

FNT sent me an AMEC registration form to fill out.

I didnt get a chance to look at it today.

 

[coinemas]

Investing in Mining Stocks (IMS) Saturday 10 November 2007

FULLY BOOKED OUT : No presenting company positions remain.

Presenting Companies are : Goldstream Mining, Impact Minerals, Frontier Resources, Navigator Resources, Integra Mining, Uramet Minerals and Mount Magnet South NL.

PDF Format (378 kb)


from AMEC's site.

 

[chicken8]

Am expecting update announcement Weds 25th & drill results by weeks end hopefully. This has come from Mr McNeil himself, albeit not to me personally. I have just topped up again.

This never happened. Either peter mcneil lied, you lied or your friend lied.

We need mick to start contacting peter again.

 

[spottygoose]

CHicken, I can't vouch for the authenticity of that info. but hey the guy is only ONE day late! Give him a break, there are delays, delays, delays in the mining game. Last I heard was that there was a board meeting on Tuesday and that Peter is off to PNG next week. As for those results give it a bit more time before you shoot the messenger or next time he might think twice about sharing.