Basically things are fine, but not inspirational unfortunately
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!
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.
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!
I think this is a ploy by the company to drag the share price lower.
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