LNR - Lanthanein Resources

[mobcat]

Sorry guys i grabed it off my Frontier bloomberg link

http://www.bloomberg.com/apps/quote?ticker=TG5:GR

Updated is showing even

 

[surfingman]

It's good to wake up today and see a flicker of green light coming from the US:bounce::bounce:

Factors (studies and assays) to be announced to the ASX that are likely to effect the share price in the immediate future include:
2 major ‘viability’ related studies by external consultants

Indicated and Inferred Resource Estimation for the Kodu Deposit (Tuesday 23rd October)
Conceptual Mining Study (end of the first week in November)
o Andewa gold drill core assay results (Monday 29th October)
o Extensive Sirimu (near Kodu) gold bulldozer trench assay results (Thursday 25th October).

Good luck to all holders...

 

[vert]

yes surfingman very happy to see the green today.

after going back through this entire thread last night it will be interesting to see how well the market reacts to todays announcement, givern that it went to 0.50 when they only had an inferred resouce of 85Mt and a hypothetical 120Mt.last update was 203Mt inferrred and they hope to double that. the sp went to 0.25 then and now one could only expect or hope that it should double that.

good luck everyone

 

[surfingman]

36% TONNAGE INCREASE TO THE TOTAL RESOURCE AT THE KODU DEPOSIT
TO CONTAIN 1.24 MILLION TONNES OF COPPER EQUIVALENT* GRADING 0.45%
INCLUDING 105 MILLION TONNES OF INDICATED GRADING 0.48% COPPER EQUIVALENT*

Not as much as expected but still a solid resource.

That will be whats used for the Conceptual Mining Study look forward to seeing the results...

 

[Nyden]

That would have been a sweet little intra-day trade if you sold off at .22 & rebought in at .195 I never learn with this little sucker, I always just seem to hold! Difference of over 10%

 

[vert]

dont worry about intraday movements, your patience will be rewarded far more than a couple of cents.
patiencent larger orders are slowly coming in at 0.195

 

[Nyden]

dont worry about intraday movements, your patience will be rewarded far more than a couple of cents.
patiencent larger orders are slowly coming in at 0.195

Well, it depends on your holding really.

A couple of cents...is well, a couple of thousand dollars. That's nothing to snicker at!

 

[STRAT]

Ist ann has done a bit of a belly flop. Lets hope it picks up this arvo .................................................

 

[UPKA]

Ist ann has done a bit of a belly flop. Lets hope it picks up this arvo .................................................

If you have followed this stock for a while, you'll notice that this stock always rises prior to an ann, then followed by a sell off after the ann. great stock for short term trade if u buy be4 the ann and sell after, not much value in long term hold for those who wants the company to realise its full potentials...

 

[Nyden]

If you have followed this stock for a while, you'll notice that this stock always rises prior to an ann, then followed by a sell off after the ann. great stock for short term trade if u buy be4 the ann and sell after, not much value in long term hold for those who wants the company to realise its full potentials...

Even so - it's ridiculous to see a stock fall after a positive announcement, on a positive day
Hopefully will see a rise in the auction after close

 

[STRAT]

If you have followed this stock for a while, you'll notice that this stock always rises prior to an ann, then followed by a sell off after the ann. great stock for short term trade if u buy be4 the ann and sell after, not much value in long term hold for those who wants the company to realise its full potentials...

I have followed this stock for some time and I wouldnt call today in keeping with history. Hope the option holders get some sleep tonight

 

[Nyden]

Well, definitely looks to be a green day today for FNT, as well as all my other stocks!

There's an ann tomorrow, isn't there? I wonder how many pre-ann buyers we'll get in today, as well as on Monday! I guess we should see a fair rise today then - since if the news is all positive; might not be another opportunity?

 

[trader]

I don't know why anybody would be selling now, wait until tomorrow and if
the ann is good which it is suppose to be, sell then. If anything now would
be the time to buy or atleast before the end of the day.

I do hold and I'am waiting till tomorrow.

 

[*Barney*]

Any geos out there able to interpret results?

25th October 2007
ASX Limited
Company Announcements Office
Announcement
HIGH GRADE AND ALSO WIDE GOLD ASSAY RESULTS IN MULTIPLE LOCATIONS
FROM THE FIRST BULLDOZER TRENCHING AT THE SIRIMU PROSPECT, PNG
PLUS A POSSIBLE SSW EXTENSION TO THE KODU DEPOSIT DEFINED
Frontier Resources is very pleased to announce excellent gold and locally silver + lead assay
results, covering an 800m apparent strike length, from the first round of bulldozer trenching
at the Sirimu /SW Kodu Epithermal Prospect, in Papua New Guinea.
In addition, a possible >300m extension to the Kodu Deposit has been defined from >600ppm
copper anomalism in trenches at the eastern end of this zone. These are exciting advances
in the exploration of EL 1348.
Higher grade bulldozer trench assay results include:
4.4m grading 19.95g/t gold + 47g/t silver + 3.2% lead
10m grading 11.40g/t gold + 40g/t silver + 0.4% lead
10m grading 4.82g/t gold + 0.75% lead
10m grading 5.10g/t gold
10m grading 2.19g/t gold
10m grading 1.06g/t gold
5m grading 1.18g/t gold
Entire gold anomalous bulldozer trench intervals (including the above results) are:
34.8m grading 8.64g/t gold + 36g/t silver + 1.01% lead
107.7m grading 2.23g/t gold + 11g/t silver
201.4m grading 0.54g/t gold (true widths of these intervals are unknown)
The first stage bulldozer trenching and access program consisted of a total of 2,575m
cut and sampled in 8 trenches, in the gold anomalous ridge/spur soil zones.
Frontier rock chip sampling of float in the vicinity that was reported to the ASX
27/6/2007, returned high grades of epithermal style of mineralisation, with assays to
5.73g/t gold + 8.49% lead + 19 g/t silver, 3.3 g/t gold + 6.81% lead + 491 g/t silver and
0.13% molybdenum.
The trenching has confirmed epithermal mineralisation occurs over a large area,
centred about 1km WSW of Kodu. The only historic drill hole in this area returned 2m
of 15.5g/t gold + 8 lower grade gold zones to 10m of 0.5 g/t gold.
This exciting prospect strongly warrants concerted exploration, including infill and
extension bulldozer trenching followed by drilling. Additional trenching, mapping and
more detailed sampling is now underway.
The Sirimu/SW Kodu high-grade epithermal precious and base-metal mineralisation
provides a first class exploration and possible development target near Kodu. If such a
deposit were discovered, it could be easier and faster to bring into production, than
the World Class copper-gold-molybdenum deposit itself.

 

[doogie_goes_off]

Good gold grades indicating that the source of 'recent' high grade rock chips is probably uncovered in these trenches. Nice grades, questionable widths until drilled but upgrades the potential for locating an economically significant gold ore body that is track accessible and can be 'easily' explored.

 

[Kremmen]

FNTO looks like one of the riskiest games in town. The company is trying to talk things up, which is quite understandable, but if they don't have anything super-wonderful to report, the options may expire worth nothing. If it's looking like ending up close to the line, I wonder how many people will convert vs how many will just dump them on market for anything they can get?

 

[Pommiegranite]

FNTO looks like one of the riskiest games in town. The company is trying to talk things up, which is quite understandable, but if they don't have anything super-wonderful to report, the options may expire worth nothing. If it's looking like ending up close to the line, I wonder how many people will convert vs how many will just dump them on market for anything they can get?

Kremmen, I think FNTO are well worth a punt. The conceptual study should be out soon. The last time this was out (desktop study), FNT shot up to 50cents.

All is need is another 4-5 cents on the SP before the option holders really start raking it in. One has to remember that people holding options are only putting a small amount towards them, so view it as a calculated risk.

 

[crombo97]

Announcement out on ASX
HIGH GRADE GOLD, ZINC AND SILVER ASSAYS AT KOMSEN PROSPECT
(TO 19.0 G/T GOLD, 119 G/T SILVER, 10.3% ZINC OVER 1M)
PLUS ADDITIONAL LOWER GRADE INTERCEPTS IN HOLES 003, 004 & 005
ANDEWA PROJECT, PAPUA NEW GUINEA

 

[STRAT]

Dear oh dear. Strike three a fizzer too. Those oppies arent lookin too good right now ....................................................................................

 

[crombo97]

I topped up on the oppies today.
I think it will pay off soon................or i hope so!!!!!