LNR - Lanthanein Resources

[Nyden]

Weren't the first of Elo results to be announced this week?

Glad SP rose today at least, ..........

 

[allaboutprofits]

Dunno about you guyz,... but I've still been waiting for the reply email from peter mcneil ... There were some very good questions asked and I'm hoping for some word back concerning those questions... If anyone has the reply to Micks email, please post...

 

[JackC]

Just wondering if anyone was going to attend the seminar in Melbourne next Saturday. I hope to be there, but can't be sure if i'll make it so would appreciate any comments from anyone that does attend. Cheers.

It is a FREE seminar and is called the "Investor Briefing" to be held at the Marriot Hotel in Melbourne AND includes a complimentary luncheon with the company executives. Starts at 8.30am Saturday September 1st.

Tel: 1300 738 184 Fax: 1300 738 185 Email: events@amec.org.au

These are the eight (8) companies doing presentations (and questions) for about half an hour or so each:

Impact Minerals Limited (ASX: IPT)
Frontier Resources Limited (ASX: FNT)
Reed Resources Limited (ASX: RDR)
Australasian Resources Limited (ASX: ARH)
Mintails Limited (ASX: MLI)
Terrain Minerals Limited (ASX: TMX)
Wildhorse Energy Limited (ASX: WHE)
Azure Minerals Limited (ASX: AZS)

 

[rico01]

Ann out for FNT says Kodu deposit is widening at depth in the latest hole and is being compared to the the Batu Hijau deposit which opens up more at depth according to the ann.Does Anybody know if the Batu Hijau deposit is profitable or being mined

 

[rico01]

Batu Hijau is a mine started by newmont in indonesia in 1999



Bata Hijau is a major gold-rich porphyry copper deposit typical of the islands of southeast Asia. These gold-rich porphyries are overwhelmingly hosted by composite stocks of diorite to quartz-diorite and, to a much lesser degree, more felsic compositions such as tonalite and monzogranite. The deposits tend to be characterised by a strong correlation between the distribution of copper sulphides (chalcopyrite and bornite) and gold as the native metal in addition to having a notably higher magnetite content. Gold typically occurs as minute (<10-15 micron) inclusions in the copper sulphides.
[FROM Mining tecnology.com]

This could be a company maker if it is as good as the Batu Hijau deposit IMHO

 

[mobcat]

And the good news starts to roll out Kodu being compared to Baju WOW sit on this one.........Back up the Baju statement FNT with some drilling numbers and FNT could go to the moon in a hurry

Elo results soon things are looking like they should for FNT Guys a swing in sentiement on ELO and game on back to blue skys IMO september is FNT,s month just watch the plan come together for the McNeills

 

[prawn_86]

i wonder how similar it actually is to Bata.

im not complaining as im a holder but they definetly know how to work a media statement

 

[Bull121]

I wonder why the share price and volume hasn't really responded to the last couple of announcements..

Bad time for them or just not that influential?

Hope the next one gets some more attention

 

[AussiePaul72]

I wonder why the share price and volume hasn't really responded to the last couple of announcements..

Bad time for them or just not that influential?

Hope the next one gets some more attention

I'm a bit puzzled by the lack of SP movement aswell although it has moved up a little to where it was sitting not so long ago. The low volume may be a result of investors being attracted to other stocks currently out there that are moving much faster. There definitely are some bargain stocks out there at present after recent market movements.
I'm still of the opinion that these few good announcements lately will have FNT well and truly on peoples 'watch' lists. I hold this one and think that people can only ignore it for so long with announcements such as the recent one.
Anyone else have an opinion on FNT at present?

 

[Ken]

FNT

Getting closer to this ELO resource upgrade.

Could be worth having a little nibble at the heads again.

Around 10.5 cents? Would not take much to get a 20-30% gain.

 

[flyboy77]

You guys can't be serious. The market, across the board, has taken a massive hit and you're wondering why the FNT price hasn't reacted to some run of the mill news?

The buyers have headed for the hills. FNT needs some REMARKABLE news to get rolling again.

Kodu is somewhat tainted by the Kokoda Trail 'smell' let's not forget.

Elo or Bukuam.....well they are different stories - each potential company makers in their own right.

Patience is the key.

 

[Ken]

The market is close to all time highs.

There may have been some carnage.

The quality stocks have rebounded strongly.

Speculative sectors always going to lag.

 

[prawn_86]

FNT's latest presentation which will be shown in Germany has a good indication of dates in it

"An Indicated and Inferred Resource estimate on Kodu is underway and due in
October."

"Drilling just completed on the virginal Elo copper- gold- molybdenum
occurrence, with results in 2 to 3 weeks."

"Assays from trenching and drilling of virginal Andewa Gold Prospect expected
in about 2 and 3 weeks respectively."

Looks like a staedy flow of news to try and get the options exercised by the end of Nov.

Hopefully the market stays relatively stable so people are happy to buy in again.

Im holding the heads patiently and the options slightly nervously

 

[chicken8]

announcement from Frontier

presentation they gave in Germany

seems to me like an excellent presentation

Andewa and Elo drill results due in 2 to 3 weeks

company has $3.6mill cash and no debt

they plan to do their own mining using their own equipment

if i've missed any important points please feel free to post them up

 

[Sean K]

they plan to do their own mining using their own equipment

Was that in the presentation?

I saw that they were drilling with their home made drills, but not sure about the 'mining'.

 

[chicken8]

well that was my own interpretation of

"Frontier is focused on discovering, drilling and developing copper, gold and/or
zinc/lead/silver deposits, with our own manufactured and utilised drill rigs."

 

[Sean K]

well that was my own interpretation of

"Frontier is focused on discovering, drilling and developing copper, gold and/or
zinc/lead/silver deposits, with our own manufactured and utilised drill rigs."

he he, I'm just nitpicking Chicken. I think they are just referring to their man pack drills they've manufactured. I think if they get to mining stage, they'll have to purchace a few trucks and the like for that.

I agree, good presentation, but not much new in there is there?

 

[dubiousinfo]

Was that in the presentation?

I saw that they were drilling with their home made drills, but not sure about the 'mining'.

There was nothing in the announcement regarding having their own mining equipment, only exploration equipment.

FNT own the major means of exploration including drill rigs, dozers,
excavator, crawlers, geophysical equipment etc

What was intresting is that further trenching and drilling assay results are due in 2 weeks and 3 weeks respectively.

Not currently holding.

 

[chicken8]

he he, I'm just nitpicking Chicken. I think they are just referring to their man pack drills they've manufactured. I think if they get to mining stage, they'll have to purchace a few trucks and the like for that.

I agree, good presentation, but not much new in there is there?

yes most of the news in there is old news and already known

but i think at least now there is a definate timeline of when expected results will be announced

hopefully this will bring more interest to the company, perhaps building a nice platform for the sp to move once those announcements come out

 

[prawn_86]

I agree chicken.

Some of the short term traders out there will be more inclined to buy into something when they have a fairly certain timeline on announcements.

And these guys have always been pretty bang on with the the times they say.