LNR - Lanthanein Resources

[JackC]

Chicken - It is not a question of being a liar. Below is the correspondence between a freind & Mr McNeil that was forwarded to me. Obviously it could be a pack of lies but I have no reason to doubt my source (whom I recommended at 15c before the JORC upgrade) & Mr McNeil, who appears to have delivered on his promises to date. I am still expecting announcements this week. Note that he had a hard drive failure on Tuesday & was HOPEFUL of an announcement on Wednesday. It is now only Thursday pm. Please give the man a chance!

Hi (name withheld)

I will ask again but the below was said in an email to me on Friday 13th and I have read it as Tuesday the 24th........ it could be later. He could be saying Tuesday 31st July?

(name withheld)
Looking like maybe Tue week after next at this stage.

Yes – it is not easy keeping it up.
Cheers Peter

Peter McNeil
Managing Director
Frontier Resources Ltd

Ph: +61 8 9295 0388
Fx: +61 8 9295 3480

Hi (name withheld)
It was intended as such, but I had a hard drive failure that has set me back and I’m traveling again today.
Hopefully Wed – it is an update on status and then drill results in another few days after I get a plan and location map, but Rob is out in bush so I’m not sure when really - sorry.
Regards Peter

Peter McNeil
Managing Director
Frontier Resources Ltd

Ph: +61 8 9295 0388
Fx: +61 8 9295 3480

 

[mick2006]

guys, like I said before, I will be sending Peter an email next week to try and verify the expected releases next month.

I wouldn't be expecting anything until August when we should be getting a flood of news, much like the run up to the release of the upgrade at Kodu.

Will let you guys know when I hear back from Peter.

 

[motion]

G'day guys,

Just wanted to chew some fat over the share price and options.

Will the next ann bring stable support over the 20c mark so people can convert there options and make a profit, or will some people loose out and let them expire ?

I personal think if we get great results on ELO this will happen. What are other peoles thoughts ? Are people holding FNTO here ?

Thanks

 

[Ken]

Currrently free riding 44,400 shares in FNT and 25,000 FNTO.

I think it was very weak effort by the traders.

We may see some interest as FNT finished on a high today, but the volume wasn't enough for me to consider action will be hard.

ELO is not guaranteed money in the bank. But the signs are good.

Still risk that ELO isn't up to expectations.

I am holding long.

 

[Ken]

To Clarify.

I have been in contact with the company and they were on holidays for 2 weeks.

So they should be back now.

There are delays getting ELO results in. They were hoping early august but it is going to be late august.

For people giving exact dates this is not possible as there are things that can occur. Hold ups etc. This is why in the last email mick got, the expected Kodu upgrade would around 19th.

Directors tend not to shoot them selves in the foot by making deadlines, sometimes they can't control everything.

Timing wise, if FNT is around the 16 to 17 cent mark come the middle of August.. Possibly the 15th I think this around the time to buy... if your looking at ELO being a big upgrade.... Untill then there is not harm in holding your cash in the bank or swing it around other wise. If you're a daytrader that is...

Untill then we will see the normal trading, with spikes, drops, etc...

 

[skiper]

Ken, thanks for your post, but remember there are only 11 trading days left before the 15th August, i can't help but think people will not wait until the 14/15 IMO.

Cheers

 

[G-Zilla]

Well I bought back into FNT on yesterdays down day and with all the increased chatter in this thread Im thinking I timed it right. As Ken mentioned I dont think there was enough volume today to really prove anything, hopefully things will keep building towards the ELO announcement over the next few weeks.

 

[Ken]

volume can tell more than price movement.

Now i think its pretty obvious that it has gone up on big volume down on small volume....

I see we have had 1 day of reall big profit taking. where it fell from 25 cents to 20 cents. other than the volume from 20 cents to 15.5 cents was small.

SO i think we can confirm it hasnt been a pump and dump stock. I am asking for another top 20 shareholders list to confirm ANZ nominees are holding.

For them to increase there stake to more than what they had at 12 cents is a real good sign in my opinion.

Its not a technical chart, but i have indicated the days where the action has occured. I did this with IGR with some success when it was 11 and 12 and 13 cents.

If FNT doesn't drop on big volume then i am comfortable holding.

A stock that rises on big volume goes down on small volume says 1 thing... the smart guys are holding. i am very excited with the prospects and hope everyone makes a bucket load. i think tommmorow and the week after will tell the story.

remember presentation in melbourne could create interest.

good luck

 

[flyboy77]

Ken

Are you aware that the Bukuam results are due out ANY DAY now?

Are you aware that there are 5 or 6 holes from Kodu that are due out ANY DAY now?

Results from Elo and another resource upgrade from Kodu are some time away - granted.

But that is to miss the point.......

 

[motion]

Ken

Are you aware that the Bukuam results are due out ANY DAY now?

Are you aware that there are 5 or 6 holes from Kodu that are due out ANY DAY now?

Results from Elo and another resource upgrade from Kodu are some time away - granted.

But that is to miss the point.......

Hi flyboy,

I was not aware there are results coming out in the next few days.. I thought the next ann was the Elo which is upto 6 weeks away.

Where did you read about these results out in the next few days ?

Motion

 

[flyboy77]

(From an earlier 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.....?

 

[motion]

Thanks flyboy77,

I will look into this I do know there where some results on the 27/06/07 for the Kodu Epithermal prospect. But maybe there is more to come... will do my research and double check this has not been ann.

 

[JackC]

Flyboy - agree that announcements are due sooner than some people seem to think but am confused about the 11m shares traded last monday as you stated. Do you mean Mon 2nd July? as volume has been flat at generally <1m according to my chart since the spike on the 2nd. Took this mornings early sell down as an oppotunity to top up again. Personally, I dont mind this one going down more as it just gives me the chance to buy in even cheaper!

 

[doogie_goes_off]

Sorry to take the limelight away from pending announcements but did anyone see 38,461 x 20c options were excersised in the latest Appendix 3B, why would you do that? why wouldn't you wait until it was >20c? Me-no-understand.

 

[flyboy77]

Flyboy - agree that announcements are due sooner than some people seem to think but am confused about the 11m shares traded last monday as you stated. Do you mean Mon 2nd July? as volume has been flat at generally <1m according to my chart since the spike on the 2nd. Took this mornings early sell down as an oppotunity to top up again. Personally, I dont mind this one going down more as it just gives me the chance to buy in even cheaper!

Sorry, the reference to the 11m shares was from the earlier post I made a few weeks back.......not sure about the dates...........

 

[flyboy77]

Thanks flyboy77,

I will look into this I do know there where some results on the 27/06/07 for the Kodu Epithermal prospect. But maybe there is more to come... will do my research and double check this has not been ann.

The release on the 27th was to do with preliminary results to the SW of the main Kodu deposit not the 5 drill holes yet to be released.....

 

[motion]

The release on the 27th was to do with preliminary results to the SW of the main Kodu deposit not the 5 drill holes yet to be released.....

flyboy77,

Yes you are correct...I have just finsihed going through the operations history... Well great pickup thanks for the wake up call... I'm still holding but might need to top up.....

 

[Ken]

Held up well considering the market conditiions.

Low volume...

Just bubbled around...

16 cents could be top up point. 15.5 cents might be hard to get hit.

 

[gregcourageous]

Is anyone else seeing N! in comsec, but no news showing? Looks like we are in a trading halt... Fingers crossed!

 

[bigt]

450m of mineralisation, 0.37% copper equiv. Crikey Kodu is looking good. Elo...well another company maker potentially.