RHK - Red Hawk Mining

[Prospector]

Re: FDL - Flinders Diamonds

I was flying to Hong Kong yesterday but presumed I would have lost a lot of $$ because of the DJIA losing 200 points on Wednesday. Logged in just now and I am way up - FDL the winner! Would love to know what is happening but presuming it is the FMG tag along too?

 

[Sean K]

Re: FDL - Flinders Diamonds

I was flying to Hong Kong yesterday but presumed I would have lost a lot of $$ because of the DJIA losing 200 points on Wednesday. Logged in just now and I am way up - FDL the winner! Would love to know what is happening but presuming it is the FMG tag along too?

Awesome break up P, looks sure to gap up this am. (without having a clue what it's about. ) Nice opportunity to take some profits and buy some bling perhaps!

 

[Prospector]

Re: FDL - Flinders Diamonds

Awesome break up P, looks sure to gap up this am. (without having a clue what it's about. ) Nice opportunity to take some profits and buy some bling perhaps!

Where else but Hong Kong to do it! : Lucky Mr P is on a plane too (will get here tonight at midnight) so he will be too late to stop me

 

[Touch of Gold]

Re: FDL - Flinders Diamonds

Take the profits, not me I'm looking to buy more.
Initial results are out, average 59.6% FE with low contaminates. compared to FMG @ 56%, I'm just loving it.....:bonk::bonk::kiffer::kiffer:

Expected more good news within 2 months.
Geeeeze, what happen to the doomsters, haven't heard from them for a while.
Sorry,,, I just had to say something after I got blasted 3 months ago,,,,,

 

[hsv2001]

Re: FDL - Flinders Diamonds

alot of interest today, over 91m traded, does anyone know any reason for the major interest? Share price up over 20%, there was an ann however this was only to advise of a name change from Flinders Diamonds to Flinders Mining.

Thanks for any input

Marc

 

[trendster]

Re: FDL - Flinders Diamonds

FDL cracked 20 cents today. 100% for all those who were involved in the placement back in April.

Not sure if the rise is due to the rumour that the aerial survey contains high grade iron ore. or maybe piggy backing off the MMX and MIS merger deal.

 

[prawn_86]

Re: FDL - Flinders Diamonds

Have to admit i am totally stunned.

Whats their MC now? Over $200 mill i think

Thats above stocks which are already profitable and producing. Just shows that sentiment is more important than actual results, profits, cash flow, anything really...

 

[hsv2001]

Re: FDL - Flinders Diamonds

yeh i'm happy with their current structure, etc. when can we expect a update on their operations? unless todays actions were insiders getting in on fms before they release the ann.

 

[SevenFX]

Re: FDL - Flinders Diamonds

Quiet Day for FDL in terms of sp I Guess.

Looks like she's treading water, despite reasonable volumes of 31m from yesterday big volumes.

Interesting to see if a retrace is mild or wild, but imo can't see it wild.

SevenFX

 

[Broadside]

Re: FDL - Flinders Diamonds

Have to admit i am totally stunned.

Whats their MC now? Over $200 mill i think

Thats above stocks which are already profitable and producing. Just shows that sentiment is more important than actual results, profits, cash flow, anything really...

they have a higher market cap than UMC which just announced further stunning drill results. But hey we don't have rock chips to back that up, just a high grade 100m tonne resource (well, almost).

 

[agro]

Re: FDL - Flinders Diamonds

does anyone know where i can find the results for the annual stock market competition?

i was the one who entered FDL so would be interesting to know

 

[SevenFX]

Re: FDL - Flinders Diamonds

Looks like FDL in suspension atm. any clues

More Good News maybe.????? as can't be bad news or speeding ticket.

SevenFX

 

[chrissyoscar]

Re: FDL - Flinders Diamonds

Looks like FDL in suspension atm. any clues

More Good News maybe.????? as can't be bad news or speeding ticket.

SevenFX

No trading halt just the change of name and code must of taken effect today.
Flinders Diamonds is now trading under Flinders Mines and the new code is FMS and FMSOA for the options.
Looks like another good day as well.

 

[hoppielimp]

Re: FDL - Flinders Diamonds

Looks like the focus on Iron Ore has intesified, especially with Sundance taking off too.

Sundance, Don Lewis advising that inground DSO (60%+ Fe)is generally valued in Australia around A$10/mt and low grade inground Ore (39% Fe) is valued o/a usd 1-3 pmt).

With a Target of 333-380 mt (ASX Release 30th April) and with rocksamples averaging 59.6% Fe announced (23rd May), Flinders looks quite cheap...

 

[Atma]

Re: FDL - Flinders Diamonds

Looks like the focus on Iron Ore has intesified, especially with Sundance taking off too.

Sundance, Don Lewis advising that inground DSO (60%+ Fe)is generally valued in Australia around A$10/mt and low grade inground Ore (39% Fe) is valued o/a usd 1-3 pmt).

With a Target of 333-380 mt (ASX Release 30th April) and with rocksamples averaging 59.6% Fe announced (23rd May), Flinders looks quite cheap...

yes has a good chance as it is near all the main pilbara players and has some nice ground. deposits abutt fortescue 1bT...

 

[hsv2001]

Re: FDL - Flinders Diamonds

yes has a good chance as it is near all the main pilbara players and has some nice ground. deposits abutt fortescue 1bT...

Hey what do you mean by this, are you talking about another company or is FMS got the potential for 1bT? How often does Flinders usually release updates to the market, I've been watching for a while and from these forums it seems like everyone believes a fairly positive ann is very close ?

Thanks
Marc

 

[Atma]

rio tinto to the north(1bT deposit)

FMG to the south(1bT deposit)

FDL potential target is 380mT, but it could have similar to the above.

 

[SevenFX]

Nice to see while most things are goin down 2day FMS is going up surely but steadily going UP.

UP 18% on on 34Mil Volume.

SevenFX

 

[chrissyoscar]

Got to be happy with the way Flinders is going at the moment.
I jumped on just over a week ago and have been topping up on the options which are trading at a discount.
Plan is to make money on options sell a % of them to pay for the excise on the rest.
If the news is good then this could fly.
I wish I spotted this when it was 1c.
I think there would have been a few smart punters that saw where Flinders was located (between Fortescue and BHP) and figured it's only a matter of time for Flinders to start looking for Iron Ore.
Lets hope this keeps flying and doesn't end in disaster.
Looks good so far.

 

[Atma]

this is a top performer. if you assess its first target(area E) alone their resource estimates might be conservative. its first target is an extension of an existing deposit(Solomon West CID) which has a JORC inferred of over 220mT. The area of their first deposit is almost same as this solomon deposit.

Looking at the area of the "CID", it could be as follows:

7000m strike length * 1000m width *2.8specific gravity * 12m average thickness = 235mT, apply a conservative factor of 80% = 190mT IMHO in their first target. They also have B,C,D & E to drill. . They could hold over 500mT of CID on their tenements. No other IO junior has this at the moment, the only ones that have this sort of potential are UMC and possibly FRS(250-300mT)