LNR - Lanthanein Resources

[kgee]

Surely there has to be a parking fine today???52% on no anouncement???


PS, A good way to make up the 100ch rule is to add some figures. For example, the stock went from .02 to .06 today on volume of 205K maybe something is up, or not ... That's almost 100 ch just there

 

[Sean K]

Surely there has to be a parking fine today???52% on no anouncement???

Maybe the ASX is feeling sorry for them?

Maybe the thin volume ($4K ish), no cause for alarm? I bet there was a massive difference in the buy sell and someone decided they wanted a handful...

 

[kgee]

@@@@@@@@@@@@@@@
liar una mas is the easiest thing to say in the world!!1lol
have a goood one mate always enjoy your posts

 

[quarky]

Kokoda Trail shut down
May 8, 2009 - 11:04AM

Angry Papua New Guinea landowners have shut down the Kokoda Trail over a raft of complaints, in particular against the track's Australian management team.

A collection of Koiari landowners have blocked the pass at Kovelo Village at the Kokoda end of the 96km track.

Kokoda-based Ori Kennia, a spokesman for the landowners, says they are not happy with the new Kokoda Track Authority (KTA) board and are demanding money be paid immediately to local level governments.

"Kokoda is shut down as of yesterday," he said.

"There are plans to shut down Kokoda Airport too.

"Those already on the track can pass but no one will start walking because our demands have not been met," he said.

Koiari landowners want the KTA to immediately release 75 per cent of their funds.

"There is a million kina ($500,000) with KTA and they want the money to go directly to them," Mr Kennia said.

Landowners are also frustrated with specific personalities at the KTA.

"The landowners are trying to get rid of the new management team, basically the Australians running the KTA," Mr Kennia said.

"They need to come down into the community, to relax and realise this is PNG, not Australia."

Gail Thomas of travel firm Kokoda Trekking said the situation could be resolved by this weekend.

"We haven't received any official notification it's closed but I know KTA is trying to negotiate, (they are) flying to Kovelo and sitting down to talk on Friday," she said.

"I'd say it's similar to Qantas handlers threatening to not work on a public holiday."

The KTA was unavailable for comment.

Last year Koiari landowners briefly shut down the Kokoda Track during protests against the PNG and Australian governments which were opposed to a proposed mining venture.

Australian mining company Frontier Resources had planned to mine gold and copper along part of the track and promised landowners the mine would earn them up to $100 million over 10 years.

The two governments last year agreed to ensure the track would remain untouched and landowners would benefit from alternative development projects.

Frontiers' exploration licence was not renewed because of fears mining activity would damage 600 metres of the historic World War II track.

AAP

 

[Boyou]

Some positive news from Frontier today..makes a change from all the gloom over the Kodu debacle.SP up 60% at the moment. I am still holding a few

From the company announcement...

The best tungsten mineralisation in drill hole to date is demonstrated at the Narrawa precious and base metal Deposit, Tasmania, with 1.0m grading 1.98% WO3
Frontier Resources Ltd is pleased to announce that limited and selective re-sampling and assaying of Narrawa Deposit core for wolfram/ tungsten has returned very encouraging results, with the highest grade drill intersection to date over a 1m downhole width.
o The selective re-sampling of drill holes within the Narrawa Deposit returned assays to 1m grading 1.98% WO3 (in hole NC048 near the NW end of the Narrawa Deposit), within a broad low grade geochemical halo that averaged 14m of 0.20% WO3 (from 21 to 37m).
o Soil assays and historic drilling have demonstrated a large area of tungsten anomalism proximal to the Narrawa Deposit. There is a +800m known strike length between drill holes containing tungsten anomalism and it remains effectively untested.
o The tungsten mineralisation is broadly coincident with the gold –base metals zone in hole NC048 (the gold +base metals and tungsten mineralisation are generally located in non-coincident, discrete mineralised orientations).
o Significant tungsten mineralisation was noted by Frontier earlier this year approximately 400m east of the Narrawa Deposit, including up to 0.65m section grading 1.04% WO3, contained within a 10.5m section grading 0.228% WO3. The mineralisation is in the geochemical halo to the Squib Mine, peripheral to the high grade quartz/tungsten veins actually targeted by the hole, that had been stoped out by historic mining to a lower level than recorded.
o The historic Squib Mine produced 34.5 tonnes of tungsten. Dump samples have analysed up to 5.03% WO3 + 2.5 g/t Au + 19 g/t Ag and a sample from a lode in a drive at Squib returned 3.19% WO3

 

[quarky]

it definitely is good news for the company (after Kodu debacle) and the share price.

i bought a big amount at $0.18 about 2.5 years ago but now just holding onto it, just to break even.

i might have to jump back into FNT given that it's more promising now, with the new drilling results

 

[doogie_goes_off]

A quick bump for traders of FNT. Up 120% on the back of impressive gold results. Note - they are not claimed to be true widths in the text. Some relatively heavy trading.

 

[Bushman]

Massive break-out today on the back of some serious volume (97m shares traded).

B/o due to some very high-grade gold hits in PNG.

Very large trading day so the DT's are all over this one. Wait for the pull-back and then assess. On the watch-list IMO.

FNT owes punters after the debacle with the copper mine on the Kokoda trail.

 

[quarky]

it definitely is good news for the company (after Kodu debacle) and the share price.

i bought a big amount at $0.18 about 2.5 years ago but now just holding onto it, just to break even.

i might have to jump back into FNT given that it's more promising now, with the new drilling results

3 -4 weeks of very impressive gains in the SP (but justifiably too! ).
don't know how it'll hold out but i didn't.
after buying a heap at 0.185 about 3 years ago and sitting on 95% loss in the SP (as it dropped down to 0.01 given the cancellation of the Kodu licence and the GFC), i sold out my holding at 0.10 yesterday...incurring a loss of well over $18k
feel a bit better now...

 

[birdmanz]

3 -4 weeks of very impressive gains in the SP (but justifiably too! ).
don't know how it'll hold out but i didn't.
after buying a heap at 0.185 about 3 years ago and sitting on 95% loss in the SP (as it dropped down to 0.01 given the cancellation of the Kodu licence and the GFC), i sold out my holding at 0.10 yesterday...incurring a loss of well over $18k
feel a bit better now...

With announcements of JV's in the next couple of weeks FNT should head even further north IMO.....perhaps a tad premature to bail out just yet.

 

[burglar]

Announced last week:
"Exceptional 3D IP Anomalies at Andewa Gold Project PNG"

Nice chart if you hold some.

 

[prawn_86]

haha i think my old man still has some of these from 8c years ago. I better give him a call and let him know

 

[ubid]

Looking good, broke through the 10c barrier today and good volume going through above 10c. Could this be the last time we see the SP under 10c? I think so!

 

[prawn_86]

Could this be the last time we see the SP under 10c? I think so!

Why do you think this Ubid? Please provide some analysis or reasoning (technical, fundamental etc etc) for your thoughts otherwise it is considered a ramp. What happens if another GFC comes along? That could drop it under 10c again. Or if one of their projects fail etc etc

Thanks

 

[burglar]

...Or if one of their projects fail etc etc

Thanks

Frontier ... a failed project? What could possibly have made you think such a thing?!

 

[YELNATS]

Up massively today to as high as 32cents, on no public announcement. Got out of half my holdings, so are now free-carried on the rest.

Notice that one of the directors, Mr Graham John Fish sold some shares last week at 19.5 cents. Seems a bit strange, maybe he's not in the loop.

 

[Sean K]

Anyone know what's going on at FNT?

The last report I read identified some 'anomalies' and some rock chip samples that have some Au, Ag, Cu in them. Good rock chips. But rock chips.

Is there real potential for this to be a major deposit and shallow depth to become a mine in the years to come? Or is it too early to tell and pure speculation?

 

[burglar]

... Notice that one of the directors sold some shares last week ...

Some people put enormous weight on directors' selling shares.

Directors have to eat too!

 

[ubid]

Why do you think this Ubid? Please provide some analysis or reasoning (technical, fundamental etc etc) for your thoughts otherwise it is considered a ramp. What happens if another GFC comes along? That could drop it under 10c again. Or if one of their projects fail etc etc

Thanks

I told you it wouldnt go under 10c again Prawn...... Even after the Japan thing lol.

Not a bad tip was it?

And I havent sold 1 single share.

Cheers, Ubid

 

[Sean K]

I told you it wouldnt go under 10c again Prawn...... Even after the Japan thing lol.

Not a bad tip was it?

And I havent sold 1 single share.

Cheers, Ubid

The game's not over Ubid. It's still a spec. If Bulago comes up as dirt, it'll collapse. Looks like there might be something there, and could be a game changer.

Didn't they start an 'exploration' project in June last year? Still haven't drilled a hole. Must be very prospective...