LNR - Lanthanein Resources

[Santoro]

Thought it was a good presentation too. Holding a few of these, thinking of topping up some...considering our market has almost recovered from the lows makes you wonder why FNT hasn't come back more....anyway thinking or hoping the announcements will be positive enough to help push the sp along....

 

[allaboutprofits]

From what I gather, it looks good over the coming months. After the German display/presentation later this week, I'd expect some further interest in FNT in the early days of next week initially and thereafter a steady improvement in sp with the oncoming results releases...

I'm holding and may make a reassessment around early December through to late January as to what I'll do... however, this stock has great potential and just a matter of time before a good to excellent outbreak occurs... and it could happen at any time...

 

[crombo97]

I hope your right allaboutprofits and this one breaksout soon the oppies are looking very sad
I hold both heads and oppies and i hope a decent recovery is on the cards

 

[kpas]

We are waiting on quite a few announcements to come out:

1. Kodu Indicated and Inferred resource estimate due early October - previous announcements have indicated that the resource will be upgraded yet again.
2. Elo drill results due anytime now - based on speculation, Elo could dwarf the resource at Kodu.
3. Assays from Andewa due soon as well.

History has shown there is very little downside from 12c FNT, and even under the market collapse I think it only just touched 10c and has recovered since.

Of the above 3 announcements, the only one that has any stigma associated with it is #1 due to how far the resource is from Kokoda, so it will be interesting to see how the market perceives the company if/when the Elo and Andewa announcements are positive.

 

[AussiePaul72]

We are waiting on quite a few announcements to come out:

1. Kodu Indicated and Inferred resource estimate due early October - previous announcements have indicated that the resource will be upgraded yet again.
2. Elo drill results due anytime now - based on speculation, Elo could dwarf the resource at Kodu.
3. Assays from Andewa due soon as well.

History has shown there is very little downside from 12c FNT, and even under the market collapse I think it only just touched 10c and has recovered since.

Of the above 3 announcements, the only one that has any stigma associated with it is #1 due to how far the resource is from Kokoda, so it will be interesting to see how the market perceives the company if/when the Elo and Andewa announcements are positive.

Thanks kpas for the summary. FNT has held quite strong around 12c. I got in at 16c just before the correction so am keen to see some positive announcements start to roll out! At least it seems we won't have to wait long now for some news with all 3 announcements listed above due soon.

 

[kpas]

It looks (at least to me) that the market might be stablising enough to provide better market sentiment for speculative shares like FNT.

This thrown in with any decent positive announcement (and we have at least 3 to come) should see some positive price movement on FNT.

Does anyone else agree with the above ?

It's tested 24 or 26c previously, I would hope on good Elo news it would well and truely run past the previous highs.

cheers

 

[rico01]

We are waiting on quite a few announcements to come out:

1. Kodu Indicated and Inferred resource estimate due early October - previous announcements have indicated that the resource will be upgraded yet again.
2. Elo drill results due anytime now - based on speculation, Elo could dwarf the resource at Kodu.
3. Assays from Andewa due soon as well.

Reply to kpas


I spoke to peter mc neil acouple of daya ago and he gave me a few indications of whats coming up
- Indeed Kodu is likely to be upgraded, But not anything like the 88% last time It's in the hands of an independant assesor, so going by his callculations as he has the same figures as the assesor it will be. Maybe third week of Oct
- ELO He doesn't have any official results back from the labs yet but he has seen the cores. They could be better I think were his words. They have done two holes so far.
- But good news trench results from andewa are lookin OK, as he said, he doesn't mind what he sees. They should be out Tue/Wed

 

[AussiePaul72]

Reply to kpas


I spoke to peter mc neil acouple of daya ago and he gave me a few indications of whats coming up
- Indeed Kodu is likely to be upgraded, But not anything like the 88% last time It's in the hands of an independant assesor, so going by his callculations as he has the same figures as the assesor it will be. Maybe third week of Oct
- ELO He doesn't have any official results back from the labs yet but he has seen the cores. They could be better I think were his words. They have done two holes so far.
- But good news trench results from andewa are lookin OK, as he said, he doesn't mind what he sees. They should be out Tue/Wed

Thanks Rico for sharing Peter McNeil's thoughts on upcoming news. Lets hope Andewa announcement next week is as positive as it sounds

 

[Captain_Chaza]

Thanks Rico for sharing Peter McNeil's thoughts on upcoming news. Lets hope Andewa announcement next week is as positive as it sounds

Did he also inform you of the most improper nature of this so-called conversation???

I doubt very much that anything would be devulged to you that has not already been in the press releases






Salute and Gods' speed

 

[prawn_86]

I agree captain, but if you look at previous correspondence with Peter McNeil, mainly carried out by Mick a few months ago, he does seem to hint at certain things in his emails.

whether that is right or not...

 

[Nyden]

Knock, Knock.

Who's there?

FNT.

FNT Who?

FNT Has an announcement


Forgive my sense of humor, or rather lack there of.

I can't even read the darn thing, my PDF Reader has gone & crashed on me, and I am unable to reboot at the moment.

Anyone care to quote it for me? :

 

[bigt]

To my untrained eye, the results look very poor indeed, 40-odd metres at 0.4% copper equivalent??!! Kodu was pumping out 400m hits of better grade. This is the first hole though, so future drills may produce better results, at least it indicates there is copper there at fair grades for a PNG resource.

 

[surfingman]

Low grades but has 319 metres....

The highest grade intersection was 12m grading 0.49% copper equivalent*, within 46m grading 0.38% copper equivalent, within 319.4m grading 0.19% copper equivalent (see Table 1 for a complete list of intersections and component metals).

The mineralised interval extends from 54 to 373.4m at the end of hole, with the final 11.4m interval returning an average grade of 0.14% copper equivalent (weak but still significantly mineralised).

Peak individual 2m assay values were: 0.78% copper equivalent*, 0.31% copper, 470ppm molybdenum and 0.54g/t gold.

The mineralised system at Elo is enriched in molybdenum compared to the average noted at the Kodu Deposit. Molybdenum in EFD001 averaged 74ppm over the 319.4m interval, which is slightly more than the average grade in the entire Kodu Inferred Resource.

More than half the width of the equant composite soil anomaly remains to be drill tested near surface. The strong (>30ppm) molybdenum in soil anomalism continues for an additional 300m to the west of the end of hole EFD001. This anomalism has not yet been tested at any significant depth below surface.

Similar tenor assay results are possible / expected in a few weeks for hole EFD002, based on megascopic examination of the drill core.

An access track is now being pushed to site to reduce exploration costs and enable systematic bulldozer trenching of the large gold in soil anomaly on the south flank of Elo hill.

The drill intersection in hole EFD001 has confirmed porphyry style mineralisation at Elo and documented the existence of higher grade zones. There is good potential to locate a cohesive, higher grade and possibly economic core to this large base / precious metal mineralised system.

 

[Sean K]

Knock, Knock.

Who's there?

FNT.

FNT Who?

FNT Has an announcement


Forgive my sense of humor, or rather lack there of.

I can't even read the darn thing, my PDF Reader has gone & crashed on me, and I am unable to reboot at the moment.

Anyone care to quote it for me? :

Nice nyden. Nice. Keep up the good work! I think your pdf thing may be linked to Explorer. It's a pain in the Elo!! Thanks, kennas

 

[kpas]

Options are getting absolutely hammered lately.

Down to 6/100ths of a cent today, from a peak of something like 6.3c if I recall correctly.

It seems no one has any confidence in them being converted.

 

[kpas]

Options are getting absolutely hammered lately.

Down to 6/100ths of a cent today, from a peak of something like 6.3c if I recall correctly.

It seems no one has any confidence in them being converted.

Spoke too soon, the gap is getting bigger... might actually see buyers confidence returning to FNT ?

 

[flyboy77]

Annual Report - Frontier Resources

The FNT Annual Report was just released.

The MD's letter, in particular, was a great read. Emphasis on Kodu and Andewa - with results on the latter out any time......

 

[flyboy77]

An excerpt:

"A Scoping or Conceptual Mining Study was commenced in early September 2007, to assess the economic viability of a deposit such as Kodu in PNG and to assist in determining future exploration and development requirements.

The probable viability of Kodu is assisted by the fact that it is close to the national capital of Port Moresby and is located only about 20km from the Sir Hubert Murray Highway and consequently mains electrical power. There is abundant process water for any development, no known environmental
issues and Frontier have completed a ‘tracked vehicle’ track to the Deposit to reduce ongoing shorter term operational costs.

The company’s primary goal for 2007/2008 is to further progress the Kodu Deposit by completing the Resource update and Conceptual Mining Study (CMS). This will be followed by the commencement of a Feasibility Study, if the CMS indicates possible economic viability.

Drilling is currently being undertaken at the ‘virginal’ Andewa gold project to attempt to define an initial gold resource by the end of 2007, that could potentially be amenable to rapid development via low cost methods such as vat leaching. A future mine at Andewa may be capable of generating significant cashflow to move the Company forward in the ‘nearer term’. The attributes and width of megascopic mineralisation noted in core from each of the 6 holes drilled to date (10/9/2007) are very encouraging. I hope to report significant gold mineralised drill intersections from Andewa in the very near future, followed in a few months by an initial Indicated and Inferred Resource for the project."

 

[rico01]

Imho the report looks OK , although the market is not interested in it at the moment. Note the little piece about ELO , further holes planned subject to results.Might be one to cut and run and move on to
andewa

 

[YOUNG_TRADER]

Guys,

Its pretty obvious, the mkt was dissapointed with the results of the first hole from Elo, while it was the first hole and I'm sure there will be many more to come and I'm hoping that the grades will be at least 1% Cu, the fact is the first hole dissapointed the mkt,

A saving grace will be some follow up new drill hole results at Elo which have higher Cu grades, ie 1%, of course a couple of hundred meteres at 2%Cu would also be nice :

Anyone know if any more holes have been sunk at Elo?