LNR - Lanthanein Resources

[Ken]

Hmm.

I think those who still hold got played.

The volume over a month was gradual but enough for people with large stakes to get out slowly enough whilst some people were still bullish on FNT.

I sold out at 24.5 cents and 25 cents and put some profits back in at 18.5 cents... the chart looks real ugly... very similar to the false starts it has had in the past.

I have requested another top 20 shareholders list. Depending on the changes it will determine whether I still hold.

If the Mc Neils have bailed which I doubt they have... it may be worth re-evaluating.

Its easy to say going long... I dont see people falling for the same trick with the excitement from the last announcement.

What happened a few months back was pretty special.. gaining close to 100% in a week....

I took profits then, but re-invested...

Something to learn from..... as far as pump and dumps go.
We are back where we started but probly with more of an understanding of the company.

Is now the time to be investing in species...

For the Brave probably....

I do remember when NXS fell from $1.40 to 80 cents..... along with all the other speccies falling off.... but they rebounded quickly... this selll off has seen a number of speccies lose ground that has taken months to build....

SRZ
FNT
FWL to name a few.

 

[Boyou]

Ken, I sense a bit of the old Doom and Gloom here ...


Quote;- Hmm
I think those who still hold got played.

The volume over a month was gradual but enough for people with large stakes to get out slowly enough whilst some people were still bullish on FNT.Unquote;-


Quite understandable,really ,but try to remember the reasons why you bought in the first place and why you returned after taking profits.I bought in at a few stages on the way up.Holding on to a small loss...

And I have taken some more on the way down! I know the opportunists are out there..but they won't rule the world ..Keep the faith in your judgement

Cheers

 

[mick2006]

for those still keeping an eye on FNT I finally sent the email off to Peter today. Will let you guys know when he gets back to me with some more concrete details.


Hello Peter,

Hope you have been keeping well, I was wondering if you would be able to answer a few more questions for the boys on the share forums many are still long term holders and are still very interested to hear what FNT is currently up to.



1. How are thing progressing at ELO, when are you likely to be in a position to release the first results to the market?


2. Is it still the intention to release an updated resource upgrade for Kodu in August?


3. Has the company been in the field sampling during the ongoing drilling campaign?


4. During the European Roadshow did FNT manage to attract any Institutional interest?


5. Is the company still considering a listing on the Toronto Stock Exchange?


6. Are the grades at Kodu high enough to start a stand alone development at this stage?


7. Has the company had any approaches in regards a JV on the development at Kodu?

8. How are things progressing at Bukuam/Andewa?

Regards

Michael and the members of Australian Stock Forums



Hi Michael

Will take me a few days this. A German group want an interview with many similar questions so when I get that done Ill see about combining your questions and do altogether.

Basically things are fine, but not inspirational unfortunately.

I went to Andewa last week and the structure is very cohesive and continuous over the middle section where we are drilling, which is good (I had never been there so I didn’t really know). Silicified zones have been intersected in the hole 1 drilling at Andewa as targeted, so it is just a matter of the gold grade actually contained in them.
regards Peter

 

[Boyou]

Will be very keen to see his answers. Hopefully positive news will help to dispel the dark mood around at the moment.

Thanks, Mick for chasing it up!

 

[Ken]

I got another top 20 share holders list and not much has changed.

A few have increased their stake a few have decrease their stake.

ANZ the top share holders increased by a couple of hundred thousands.

The mcneils unchanged.

Citi group now own 1 million shares again.

I suspect there are a lot of shareholders with around 500-600k shares in FNT.

A lot are sitting just outside the top 20 because this is where most of the movement has been in the top 20 share holders I have received the last 3 times.

MC Neils are unchanged which is positive.

I suspect a lot of the Custody holders like HSBC NAB, and CITIGROUP are just playing the stock.

The options and the volume there is probably important... because that has been low...and at 2.6 cents for the options now... is it worth holding at least a few???

 

[samfisher18]

hey guys

just regarding the recent reply by peter mcneil he said

Basically things are fine, but not inspirational unfortunately

Is he referring to the delays at elo in that statement or is it something else ?

I hold and actually am planning to buy more as long as that statement wasnt referring to elo results or something.

 

[jtb]

Will be very keen to see his answers. Hopefully positive news will help to dispel the dark mood around at the moment.

Thanks, Mick for chasing it up!

Yeah a bit grim around here atm

I grabbed some FNTO'S the other day, as a lot can happen in the next three months (good and bad) and the heads look a bit unloved to put it politely. i'd be very surprised to see the company let all that conversion dough go wanting

Appears to be very little downside from here.

 

[Boyou]

Anyone have news on FNT?

Have not traded yet...maybe in trading holt!

Can't see anyannouncements on ASX yet.What's up Doc?

 

[Boyou]

Perhaps I jumped the gun a bit, but it was not showing anything on Etrade for 20 mins of market open.

Put it down to inexperience and a wee bit of nervousness!

 

[surfingman]

There is a low demand for FNT at the moment, hopefully some good news comes for holders soon. I will look to buy back in the future, although I am concerned about Peter Mcneils comments.

1/ Basically things are fine, but not inspirational unfortunately

He seems to be straight up and down guy he says when good things are coming so maybe lower grades than expected for Elo, we will have to wait and see.

There is some great potential with Andewa but just drilling presently so at least 6 - 8 weeks away to results.

Will be good to hear about your reply to the email mick.

 

[Ken]

September are the date fors the kodu and Elo resource update.

I guess if you're going long on FNT theres another opportunity to buy at 12 cents.

Who would have thought??


The market may stablise a little by then.

You'd hope FNT stays above 12 cents, and goes side ways untill then...

Some people sitting on some big losses I would have thought.


I am holding profits, but they have somewhat diminished.

 

[jtb]

Looks like ELO info a week.

Best of luck

http://aspect.comsec.com.au/asxdata/20070814/pdf/00748275.pdf

 

[bigt]

Well what a over-reaction! I'm encouraged by the news so far on the gold and copper prospects...results due next week for Elo..bring it on I say. Just snapped up a few more.

 

[YELNATS]

Well what a over-reaction! I'm encouraged by the news so far on the gold and copper prospects...results due next week for Elo..bring it on I say. Just snapped up a few more.

From FNT's ann today
Quote The now former PNG Minister for Mining recently refused to grant the Company's 8 Papua New Guinea Exploration Licence Applications. No reasons were given.
o The applications have been re-lodged/applied for and legal clarification sought.
.....
o Frontier has always regarded these ELAs as secondary future potential (referred to as ‘Blue Sky’) but nonetheless is disappointed by the Minister’s decision.Unquote

Always difficult and unpredictable doing business in 3rd world countries. Sometimes a little "oil" needs to be judiciously applied to the wheels of industry, if you catch my drift.

regards yn.

 

[UPKA]

From FNT's ann today
Quote The now former PNG Minister for Mining recently refused to grant the Company's 8 Papua New Guinea Exploration Licence Applications. No reasons were given.
o The applications have been re-lodged/applied for and legal clarification sought.
.....
o Frontier has always regarded these ELAs as secondary future potential (referred to as ‘Blue Sky’) but nonetheless is disappointed by the Minister’s decision.Unquote

Always difficult and unpredictable doing business in 3rd world countries. Sometimes a little "oil" needs to be judiciously applied to the wheels of industry, if you catch my drift.

regards yn.

hahah Yelnats, does it remind u of AGY? bt again that was the former minister, so i assume that they have a new minister in place, so its another story now.

"It intersected variably mineralised porphyries and intrusives over its entire length and results are expected to be returned / announced in about a week."

thats about 370m, could be significant if the grade is good, but again its only the first drill hole. I need u guys to cross ur fingers n toes with me!

 

[INORE]

Well I hope that FNT doesnt get driven down even more on a poor drill result due next week as it is only the results for ONE hole....I'm surprised FNT release these results one hole at a time as it must destabilised the SP and have an effect on how people buy and sell FNT on a hole by hole basis.

 

[YELNATS]

hahah Yelnats, does it remind u of AGY? bt again that was the former minister, so i assume that they have a new minister in place, so its another story now.

"It intersected variably mineralised porphyries and intrusives over its entire length and results are expected to be returned / announced in about a week."

thats about 370m, could be significant if the grade is good, but again its only the first drill hole. I need u guys to cross ur fingers n toes with me!

Indeed it does!!! I didn't want to mention AGY, as they've been kicked enough while they're down in recent months. I've got everything crossed for good results for FNT.

 

[Ken]

Options at 1 cent...

Sold down on low volume

So the holders of the options arent panacking yet!

As its been very small trades that have driven it to this level..

Buying options at 1 cent, what are the odds for FNTO holders...

I think pretty slim...

How many stocks can give 500% + gains.... if fnto options are to expire that will be the return....

Not looking great in current market conditions. Not what you want.

 

[Ken]

I think this is a ploy by the company to drag the share price lower.

Mt Bini (Kodu and Elo Prospects) Andewa and Likuruanga granted. There is no change to the Exploration Licences. This has no bearing on Elo.

The ELA’s (Exploration Applications) were not granted. Then company is not allowed to do any work on ELA’s prior to granting. They have been considered ‘Blue Sky’ tenements – only ever applications

The ELA’s have been reapplied for and a legal opinion sort.

 

[surfingman]

I think this is a ploy by the company to drag the share price lower.

Why would it be in the interest for the company to drag the share price lower? A share buy back maybe other than that, not too sure.

The FNTO's are getting smashed last trade .01