LNR - Lanthanein Resources

[chicken8]

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

i guess a top 20 shareholders listing will be able to tell you if there was a reason behind this announcement

 

[surfingman]

i guess a top 20 shareholders listing will be able to tell you if there was a reason behind this announcement

So you are saying the top 20 holders are wanting to take a larger stake, so drop the price and allow them to buy up?

 

[UPKA]

calm down guys, the company has the duty of disclosure to its shareholders. i mean its a progress report, and reaffirms the date of the Elo result. although its only 1 hole, bt if we get a good grade on this hole, it'll boost the holders confidence, plus generate interests on future drillings at Elo.

 

[chicken8]

So you are saying the top 20 holders are wanting to take a larger stake, so drop the price and allow them to buy up?

i'm just saying that IF there was another agenda behind the extra news we received in this announcement then the top 20 shareholders list will show us

 

[birdmanz]

Options at 1 cent...

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

Ken...what do you mean by this statement??
Thanks
G

 

[surfingman]

calm down guys, the company has the duty of disclosure to its shareholders. i mean its a progress report, and reaffirms the date of the Elo result. although its only 1 hole, bt if we get a good grade on this hole, it'll boost the holders confidence, plus generate interests on future drillings at Elo.

I wasn't meaning to sound angry, just questioning the reasoning for the statement of wanting to lower the share price or how it would relate to the Top 20 list.

Birdman,
If the 1 cent options "expire out of the money" which is less then 20 cents for the heads in November, they are worthless. Or if they finish in the money or say 25 cents for the heads the options would return around 500% if you buy at 1cent.

 

[Ken]

Yep surfing man thats what I am getting at.

But in the current market conditions its not going to happen.

The stock is in limbo at the moment. Only investors with a 2 year view would be buying.

 

[kgee]

Yep its a bit of a downer from the charts I was hoping for support at .125, what do you do? Thats life in the fast lane for ya... Really want to see Peters reply to Micks letter...and at least Peters taking the ride with us.....
has anyone did the latest insitu value?its bad when banging your head takes away some of the pain

 

[skiper]

Guys/Gals, spoke with Peter at length yesterday. The results from surface sampling will be made available in about 3 weeks or so, so I am confident with the options being converted at a reasonable price and will continue to hold. Buy when the rest of the market is selling IMO, especially the options at 1c.

Peter paid between 9c and 10c for most of his options.

Cheers

 

[Mousie]

Peter paid between 9c and 10c for most of his options.

Cheers

Hey skiper (rubbing eyes) you sure about that?? Not shares? Any info about the amount of oppies? Can't remember when that was - prob 2 Julys ago when they were accused of aping CDU's announcement?

 

[Nyden]

I was wondering if anyone had any experience with regards to scenarios such as this; a correction within a few months of an option expiry date?

Would the upcoming announcements be enough to push the SP to .20+?

I don't hold options myself, don't quite like the idea of the black & white situation that they are - expire profitable, or worthless.

However, I do hold ordinary shares; and have taken a rather harsh beating as of late! I guess I am looking for other opinions here, & what others have done; I personally intend to ride this out, & hope for the best.

What price did most of you guys buy in? Come on, make me feel better by sharing the loss

 

[UPKA]

I was wondering if anyone had any experience with regards to scenarios such as this; a correction within a few months of an option expiry date?

Would the upcoming announcements be enough to push the SP to .20+?

I don't hold options myself, don't quite like the idea of the black & white situation that they are - expire profitable, or worthless.

However, I do hold ordinary shares; and have taken a rather harsh beating as of late! I guess I am looking for other opinions here, & what others have done; I personally intend to ride this out, & hope for the best.

What price did most of you guys buy in? Come on, make me feel better by sharing the loss

this is part of teh game when buy spec stocks, when the market goes down it'll get hit the hardest, bt then the return could be great if the right annoucement comes out. so before you bought into such stock you need to value the risk against the probability of return. im sure that alot of ppl r suffering these few weeks, have a read few other thread on XAO analysis, things could be worse in the coming month.

 

[Nyden]

this is part of teh game when buy spec stocks, when the market goes down it'll get hit the hardest, bt then the return could be great if the right annoucement comes out. so before you bought into such stock you need to value the risk against the probability of return. im sure that alot of ppl r suffering these few weeks, have a read few other thread on XAO analysis, things could be worse in the coming month.

Well aware of all that, I just wasn't anticipating such a correction; or I obviously would have waited on buying in : Then again, my blue chips aren't exactly fairing the storm with grace either.

 

[allaboutprofits]

There are indeed a few of us suffering at the moment, I myself bought in at .165, then again at .125 and then again on todays opening at .10 ... and now have a decent parcel of FNT units in my portfolio. I'm still on the fence whether to go long, or to wait till the ELO/Andrewa/Kudo results are released and sell out, which I feel may push the share price to a respectable level.

To me both prospects are looking good... I'm not too greedy and I'm sure I'll be satisified either way, just a matter of waiting it out without panicking...

 

[nioka]

I was wondering if anyone had any experience with regards to scenarios such as this; a correction within a few months of an option expiry date?

Would the upcoming announcements be enough to push the SP to .20+?

I don't hold options myself, don't quite like the idea of the black & white situation that they are - expire profitable, or worthless.

However, I do hold ordinary shares; and have taken a rather harsh beating as of late! I guess I am looking for other opinions here, & what others have done; I personally intend to ride this out, & hope for the best.

What price did most of you guys buy in? Come on, make me feel better by sharing the loss

Options are now a gamble and in my opinion are not a good one. The price says that. However I sold my opies in YML a week too soon thinking the same. I bought Fnt at 13c witha view to sell at 26c and almost made it. I still hold as I think I will eventually get my 26c. You usually only lose if you sell, not always the case, and if you are happy that they are on to a good result with their prospecting then you hold. Time isn't on the side of the options.

 

[Nyden]

Options are now a gamble and in my opinion are not a good one. The price says that. However I sold my opies in YML a week too soon thinking the same. I bought Fnt at 13c witha view to sell at 26c and almost made it. I still hold as I think I will eventually get my 26c. You usually only lose if you sell, not always the case, and if you are happy that they are on to a good result with their prospecting then you hold. Time isn't on the side of the options.

Absolutely, that's my reasoning for not touching the options - might as well lay down a couple of grand on the roulette table.

Well, my average buy-in was roughly 17-18c, so I'm really feeling the heat here at about a 50% loss, it certainly is difficult not to panic, and it is tempting to top up with more at this price - hasn't been this low all year! But, I'm in with enough on FNT at the moment to risk more.

I guess that feeling of panic is the very sentiment though that's doing all of this to the market - the mad rush to sell

 

[nioka]

I guess that feeling of panic is the very sentiment though that's doing all of this to the market - the mad rush to sell

There certainly is a mad rush to sell and this is the problem with all stocks. There is mob panic and many are being trampled in the rush to the fire exit. I'll watch the rush but I wont be in it and I hope to pick up some of the dust as it settles. Nothing I have is for sale at todays prices.

 

[JackC]

I managed to sell for a good profit when it hit the 25c mark, but am now sitting on equal losses after ploughing in at 17, 16, 15.5, 14.5 & 13. I dare not buy any more, although it is very tempting. I dont intend to sell for a loss & will hopefully learn from this experience.

 

[Mazrox]

I bought FNTO at 3c but knew it was a bit of a gamble, so only bought 100k shares ($3000). Mainly bought as a bit of insurance in case the price of the heads kept going up, and sold my FNT for a nice profit at 23.5 after buying in at 14c. (I made more than the $3000 from that trade, so I'm ahead overall, even if the options lapse). Was just about to get back in when the market imploded, so I was lucky.

Gotta say, I'm happy to sit it out for a bit. I don't know enough yet to have much confidence in my decision-making in the current climate. I will watch and learn. Am hanging on to other long termers for the moment though. My gut feeling is that long-term, fundamentally undervalued companies are still worth investing in. It's just a pity that FNTO has such a short shelf-life.

Maz

 

[Ken]

at some point u have to take it all off the table and just re-assess i think.

this is the biggest sell off i have experienced since watching the market.

and i am looking at the unknown.

i think i have gone from a port folio of 64 grand to 52 grand in a very short time, it could go to 30-40 grand if i stick in it.

i have decided to cop it on the chin, and learn from my mistakes.

FNT might be a good long term hold. but along with every other stock on the market. they have been smashed. so why not take a break, and not fight the trend.


chances are that might be able to get back into FNT in 2 months once the dust settles for a lower price.


who knows... we dont. you dont...

so reduce risk. cant make profits with no cash to invest.

market is in limbo. will take a while to recover i suspect.