LNR - Lanthanein Resources

If FNT can come up with some drill assays to match the sampling results there is no reason why it won't run a little further, but short term it will all come down how the drill results turn out.

For those who liked the reaction to the drill results from FNT today take a look at EXM, last week they announced a drill campaign starting in October to test some Gold targets at Tennant Creek in the N.T, in last weeks announcement they also announced some historical drilling results from the target area with peak assays greater than 12000 g/t and several large hits greater than 600g/t quite amazing.

For those who like the spec end of town, have a read through EXM's announcement from last week well worth an investigation.

What a difference a day can make hey great time to release a gold Ann should get a lot better av of 25+ gm only a trench but its there ......as a rule in PNG if the surface shows results the depth can be very promising bring it on MC Neill's we are all waiting patiently


It,s all about bringing the oppies home late Nov and head office knows it the oppies mean 16.5 million dollars to FNT when exercised and that would sure be handy with the dirt they have and gold running to wards a grand by the end of the year things are looking rather tidy ATM drill results out and i might even top up my holdings of FNT

And for all the punters out there you dont get a bet like FNTO every day could do anything over the next month or so leverage leverage leverage but risk risk risk i hold millions of em and are happy with the position ATM but a firmed up result is what the markets want lately and i have a felling we may just get it good luck all go go go FNT FNTO

And up 30% in Germany tonight could be a follow on tommorow wait and see hey fingers and toes crossed

Were the Bukuam trenching results ever released?

I am presuming that Bukuam is not Komsen?

The heavy volume today was very positive.

correct me if im wrong, as i cant find a chart with todys info on it yet.

But FNT gapped up from 13 to 14c. This wouldnt be enough to be considered a breakaway gap would it? So technically it should retrace and fill that gap at some point? Possibly in the next few days in the lead up to the next ann.

im trying to learn (slowly) TA, so please tell me if thats not correct.

Good to see some positve news on this one..I have been waiting ..and happy to wait.Mick,do you currently hold EXM?
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for those who liked the reaction to the drill results from FNT today take a look at EXM, last week they announced a drill campaign starting in October to test some Gold targets at Tennant Creek in the N.T, in last weeks announcement they also announced some historical drilling results from the target area with peak assays greater than 12000 g/t and several large hits greater than 600g/t quite amazing.

For those who like the spec end of town, have a read through EXM's announcement from last week well worth an investigation. Unquote

In the current market it seems everything is up for grabs!

Cheers Ya'll

yes I currently have a few EXM, was hoping to grab a sizeable stake before the drilling kicks off at Tennant Creek.

This is one to keep an eye on towards the back end of the year november/december, because if they come anywhere close to those historical drill figures all hell will break loose.

It will probably trade in a range between 2.5-4c untill we get closer to the drill results, but I would expect a further surge of interest once news is released that drilling has commenced.

mobcat said:

What a difference a day can make hey great time to release a gold Ann should get a lot better av of 25+ gm only a trench but its there ......

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Hmmm,

Does anyone have any good aerial images?

Only read the ann' late today (at work) but that sort of return from surface sampling, suggests a nice disseminated anomaly and may well be very interesting depending on the specific geology.

Look forward to these drill results.

Good call prawn now what,s the bottom 14.5 14 i would say that the odd eye is on this one ATM ready to pounce on any weakness i know i am good times ahead

i have my order set at 14, but will prob pay up to 15 if i have too.

providing the drill results are as good as the hand trenching i think that 20c is achievable in the short term.

prawn_86 said:

i have my order set at 14, but will prob pay up to 15 if i have too.

providing the drill results are as good as the hand trenching i think that 20c is achievable in the short term.

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At what price did you get out though? I'm just wondering, if you got out at 15-16, only to re-buy at 15 ; does it seem worth it? I guess it depends on how much you had in the stock as well.

a 1 cent difference is between 6 - 8% difference at these prices (depending on using 15, 16c etc) which isnt anything to be laughed at.

I got out at 16 and will try and re-enter below 15.

Im pretty new to short term trading so im just finding my way really, but if i do this it easily covers my brokerage and then some, so im happy

now i just have to get my order filled...

Yeh I was spewing my internet at work was down all day, otherwise I would have done the same.

Anyone know when we can expect more drilling results from Elo? I emailed Peter McNeil today but haven't got a reply yet.

Will post when I do.

Cheers

prawn_86 said:

a 1 cent difference is between 6 - 8% difference at these prices (depending on using 15, 16c etc) which isnt anything to be laughed at.

I got out at 16 and will try and re-enter below 15.

Im pretty new to short term trading so im just finding my way really, but if i do this it easily covers my brokerage and then some, so im happy

now i just have to get my order filled...

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Yes, I know that - which is why I said it depends on how much stock you had It's all relative really.

Well, I hope you get your order filled!

2 million on buy at 13+ looks like it might be a interesting day a head got the finger on button Prawn goodluck mate

mobcat said:

2 million on buy at 13+ looks like it might be a interesting day a head got the finger on button Prawn goodluck mate

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I managed to pickup a teeny parcel at 14c last night at 4, so I'm happy
The pre-open certainly looks like there's quite a few buyers, let's hope it's that way come the close!

been a stand off so far thats for sure.

my orders still sitting at 14. you must have put yours in early nyden

prawn_86 said:

been a stand off so far thats for sure.

my orders still sitting at 14. you must have put yours in early nyden

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Nope, put it in at 4! Placed it at .145 (was the only one), got it at the CSPA - someone was selling 50,000 at .140, and that's the price I got it for

FNT is a nice place to be ATM with the road forward looking rather positive IMO the back bone of FNT is gold and PNG as we know.... and i cant think of a better team to manage the enviro than the Mc Neill's PNG is all about local knowledge and i have the odd local family contact in PNG myself having spent quite a bit of time in PNG bumming around with my brother who is a bush pilot i had a couple of weeks in PNG late August and the local word was strong to say the least Re FNT i heard a lot of big claims regarding Andwea ,Kodu ,Bulkham and Elo but i thought i would wait it out for September as i am allready a substanial holder of FNT and FNTO and see what come of the bar talk after all most of the talk come from people that where up to their ears in FNT and NGG

NGG trades on the Toronto stock exchange and is a very active explorer and producing gold miner in PNG managed by the Mc Neill clan and i think Peter Mc Neill is a director of NGG as well With Bob being the main dude what iam getting at is if the Mc Neill have a chance of holding 100% of FNT they have to bring the oppies home to fund it forward it,s a nice plan put forward by people that no their **** when it comes to mining gold in PNG and funding the projects .
And as was discussed over many thousands of beers in August was the time frame on Ann's from head office for the oppies with all the cards up they have up their sleeves ATM my call is that we will see a sharp rise in FNT late next week pre drill results from Komsen followed up by further results from ELO hope fully with a bit more meat and veg than the first sample and the proven MOTHER LOAD ATM Kodu with more up grades on resource ,Bulkham had a Soil Geochemical Anomaly Increased by Approx. 150% and we are still to hear a update on that .........so for October i can see FNT being a traders delight and November following through with the proven solid results on all these projects to really firm up what should be a very different SP to what we are looking at today and bringing the oppies home quite safely a big call i no but thats what it,s all about being a oppie trader leverage all or nothing in a company you believe in and the heads i see as being a bagger at least in the next couple of months sure is going to be interesting to see how it all pans out over the next couple of months hey .....good fortune to all holders

mobcat said:

And as was discussed over many thousands of beers in August was the time frame on Ann's from head office for the oppies with all the cards up they have up their sleeves ATM my call is that we will see a sharp rise in FNT late next week pre drill results from Komsen followed up by further results from ELO hope fully with a bit more meat and veg than the first sample and the proven MOTHER LOAD ATM Kodu with more up grades on resource ,Bulkham had a Soil Geochemical Anomaly Increased by Approx. 150% and we are still to hear a update on that .........so for October i can see FNT being a traders delight and November following through with the proven solid results on all these projects to really firm up what should be a very different SP to what we are looking at today and bringing the oppies home quite safely a big call i no but thats what it,s all about being a oppie trader leverage all or nothing in a company you believe in and the heads i see as being a bagger at least in the next couple of months sure is going to be interesting to see how it all pans out over the next couple of months hey .....good fortune to all holders

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I agree Mobcat ..... IMO i think FNT could be in for a big month in October and regular announcements through till end of the year!! I have indicated just a few of these as indicated in recent announcements below:

October week 1 (next week) - Exploration update expected to be released with details relating to drilling in progress, drilling completed to date & estimated true width intersections through gold mineralised structure (contained within announcement 25 Sept)

October week 2 - Assay results from first 2 holes drilling at Komsen expected to be returned and released (contained within announcment 25 Sept)
Mid October - An Indicated and Inferred Resource estimation for Kodu was commenced in August and should be completed mid Oct (contained within announcement Annual Report 20 Sept)

Early November - Conceptual Mining Study (CMS) for Kodu is scheduled for finalisation (contained within announcement Annual Report 20 Sept)

November - Expected to recommence exploration at the highly prospective SMRV project in Tasmania. Peter McNeil firmly believes that the SMRV project (contained within announcement Annual Report 20 Sept)

Mid January 2008 - Assuming encouraging results from prelim work in Tas drilling will commence on the new zinc, lead, silver, gold target contains at least one world class polymetallic deposit (contained within announcement Annual Report 20 Sept)

One of the reasons i've tipped FNT for the Oct tipping competition but also as a holder i'm looking forward to the future with many highly prospective projects currently on the books!! Good luck to all ......DYOR

Nicely summarised AussiePaul72. Also, the exploration update was released this morning. Lots more ann on their way.