Finders Resources Share Discussion Threads

[harveydee] 15/12/2010 11:54

JF. Fnd is 45 to 46 on asx according to my source. Anyway looks like Aim share price is a bit too low.

[jonny flame] 15/12/2010 09:14

FND up 7% on the ASX to 0.46$ AUS which equates to 29p

[sharegar778] 13/12/2010 23:52

Tarnow

Not really much chat about Finders, so do not know.
Maybe they are waiting for more info on permit, before they post the drilling results?
If permit is issued then share price must go much higher with current PO Cu.
Maybe there are further issues regarding the permit? Does anyone know how likely success will be. I know this was slower than expected due to elections in November.

Sharegar.

[tarnow] 11/12/2010 15:01

Anyone know whats happened to our Jambi resource update due in Nov? Also still waiting for permit. Election is over now. :-(

[connor23] 06/12/2010 19:38

Cant say that I have engelo. I will take a look.

Cheers

[engelo] 06/12/2010 09:10

connor: have you looked at MNC?

[connor23] 06/12/2010 07:52

An update on their gold projects would be good, and I do see these as potentially offering a lot of upside, but I am primarily looking at investing because of Wetar. I hold a few goldies but wanted a copper miner (altho I managed to pick up some WTI last week) in my portfolio. I still like FND, but slightly annoyed I picked them over DME earlier in the year. Just the way it goes sometimes I guess.

[soulsauce] 05/12/2010 13:00

connor currently we are awaiting this piece of news below, obviously with gold going over $1400 again it would be a great time for a nice fat gold update:-


Ojolali Gold-Silver Project - highlights
* Tambang drill results show high grade gold and silver

* 7m @ 5.62 g/t Au and 70 g/t Ag from 55m depth in TBGR 29

* 13m @ 184 g/t Ag from 23m in TBGR 21 and 20m @ 128 g/t Ag from 52m in
TBGR19

* Jambi gold resource update due November 2010

* Metallurgy program underway to assess milling and heap leach potential

[connor23] 05/12/2010 11:21

I have been in and out of this one and am trying to catch upwith any recent developments. Presumably the Indonesian elections have now happened. Has there been any movement on the mining permits, or the companies move to have their land classified as 'open land' in order to avoid any forestry law issues? Thanks

[engelo] 02/12/2010 13:17

jonny: You're a bit early. But wait a minute, what time is that in Bucharest??

OT I know you are an occasional oil investor. Please take a look at CAD. Interesting story, valued at cash and ready to roll any day imo.

[engelo] 25/11/2010 23:41

jf: tempted to pick up a few more here.

(OT) End of Nov seems to be critical for a few of mine: FND, RRR, RGM (tomorrow??), AVN (tomorrow), XEL (any day). And we might always hear something from GKP ... or AAAM... Interesting times /:-)

[jonny flame] 25/11/2010 17:22

Hello soulsauce, hope all is well mate!

Yes, we should hear soon in regards the Jambi resource update, looking forward to it!

Best regards,
JF

[soulsauce] 25/11/2010 12:57

Ojolali Gold-Silver Project - highlights
* Tambang drill results show high grade gold and silver

* 7m @ 5.62 g/t Au and 70 g/t Ag from 55m depth in TBGR 29

* 13m @ 184 g/t Ag from 23m in TBGR 21 and 20m @ 128 g/t Ag from 52m in
TBGR19

* Jambi gold resource update due November 2010


Only a few days left then.

[johnrxx99] 25/11/2010 08:38

16% spread, they must be joking.

[tarnow] 18/11/2010 13:22

large buy today for FND on AIM. 114,000 shares, not me unfortunately. I think the elections are over now. So really hope to have permit before year end. Then they can get building. I'm sure they are chomping at the bit to start!!

[tarnow] 11/11/2010 19:38

1p spread didn't even last 2 days AAARGH!

[tarnow] 11/11/2010 11:22

Thanks JF. I think we will always be about 2p below the share price on the ASX, as the secondary market. As long as there is a 1p spread, (now 1/2p) and decent volume to buy and sell. I can live with that. Although not happy obviously. As you know the shareholding on this share is very tight. With over 50% held by the major shareholders as listed in the latest RNS. That means that if people what to buy into FND, the volume is very limited and this share will fly. Because can't I see any large sellers out there. Significant shareholders all increased stake in latest placing. Even disgruntled shareholders Tennant will wait for $1.00 Aus before selling out.

The fundamentals of copper are best of all the base metals. And at 12,000 a tonne if FND is in full production. We will get our rewards. Patience :-). If FND gets Ojolali into swing as well with anticipated higher gold/silver prices. Then my valuations will easily exceeded. But always be conservative and hope to be surprised on the upside. Looking good here :-)

[soulsauce] 11/11/2010 07:47

Cheers JF.

[jonny flame] 11/11/2010 05:53

Now 0.440 Aus $ per share down under which equates to 0.27p GBP

[engelo] 09/11/2010 14:07

Idly wondering if this is an all time high, looked up the old thread. 1st post (March '06): "got in at 24p". At least we're better than that to-day (just) !!

[hectorp] 09/11/2010 13:01

delighted by your dynamic posts tarnow, good luck to you and also to us all here!
China may be requiring 300% more copper within 10 years according to an article I spotted today.
- THe silver: if silver does what we think it is doing even now then miners which have incidental silver will re-rate. Goes of course also for zinc-silver plays.

[tarnow] 08/11/2010 21:42

Thanks guys. I don't post often, occasionally on this thread. But I always enjoy reading other posters. Especially on this thread as its calm, and informative. Not full of rubbish, and rampers/de-rampers. Nice to see the close in spread today at 24 bid 25 ask. Lets hope it stays around this time. I know its a bug bear of yours too Coffeelito. The spread on this share is ridiculous at times. A 1p spread is about right for this share. I've come close to writing to Chris before about FND on the AIM market. About talking to FND brokers to get their act together, or trying to engage new brokers to encourage competition. Because often it bears no comparison to FND on ASX. I know it is very much the secondary market in terms of volume. But the price often doesn't reflect ASX. And more importantly the spread is very wide sometimes compared to FND on ASX were it usually has 1c spread or 1/2p. I will watch with interest on the spread. I still hope like you Coffelito, that with volume and time, the spread will be closer as the norm. Spot on Soulsauce. Look forward to the Jambi update. Now combine that with permit in December and it will make my Christmas :-)