Lyxr $ Frn Discussion Threads

[liquid millionaire] 11/8/2010 10:05

Good morning Mattybuoy. Soory about that - will next time just post a link. By the way did you get a chance to take a look at TSX listed Lydian International ticker LYD?

[mattybuoy] 11/8/2010 09:48

I think you're probably right, but really who knows.

Avalon is one I need to look at.

[cagey76] 11/8/2010 09:46

hehe, was going to ask you what you thought of the other Rare Earth plays, specifically Avalon.

As I've written over on REE I get the impression that its those companies who produce the quickest are the ones to really profit. Avalon seem to have decent quantities in the ground but might be slower getting it out. Its this reason GWG stand out for me.

[mattybuoy] 11/8/2010 09:43

Don't be shy :-)

The only thing I don't like is copy and paste and too wide graphics.

[mattybuoy] 10/8/2010 23:16

Upon looking again, those results from CNI today were really very good, lovely thick zones albeit lowish grade. The name they have given it - "Sleeping Giant" - tells you a lot IMO. This project is still in its very early stages.



Maybe it's forming a bottom around 40c? There were 687,000 shares traded today for not much price change. I don't remember ever seeing it do volume like that before.

[riggerbeautz] 10/8/2010 19:36

Maybe due a breather from anticipated news rise, but AKV announced promising soil samples today. Structure adjacent to SPA mentioned the other day and reasonably funded into next year.

[mattybuoy] 10/8/2010 19:18

Can I request no copy and paste please? A summary and a link will do.

[liquid millionaire] 10/8/2010 19:10

Anyone notice LYDIAN INTERNATIONAL the TSX listed* [ticker = LYD] gold stock today?

* ISAble

Well absolutely stunning news out this p.m. [see below] from LYD [the stock is really flying high now]



NEWS FOR IMMEDIATE RELEASE

LYDIAN INTERSECTS 84m at 4.9 g/t GOLD AT ITS AMULSAR GOLD DISCOVERY; ARMENIA
Best intersection yet successfully outlines higher grade zone in Artavasdes area

TORONTO, Ontario, August 10, 2010 – Lydian International Ltd. (TSX: LYD) ("Lydian" or "the Company"), a gold-focused mineral exploration and development company, today announced results from resource upgrade and extension drilling at its Amulsar gold discovery in Armenia. Amulsar is a high-sulfidation style gold project which currently hosts a CIM compliant Inferred Category Resource of 1.4 million ounces at 0.9g/t gold.
Reverse circulation drill hole RCA-195 has intersected 84 meters at 4.9g/t gold (open at depth) from the Artavasdes area. The intersection occurs below a low-grade silica "cap" but with favorable topography as an extension to outcropping mineralization on adjacent hill sides to the northwest, southwest (see long section and cross section in Appendix) and towards Arshak in the southeast This drill hole is part of an ongoing program aimed at upgrading the current resource by tracking and connecting zones of higher grade which were isolated in previous resource estimates. Gold mineralization in RCA-195 remains open at depth, to the south and east and suggests potential for an exciting new high-grade zone located below the Artavasdes area. Previously released drill holes located proximal to RCA-195 and also intersecting high-grade gold include RCA-069 (135m at 2.3g/t gold), RCA-070 (71m at 3.1g/t gold) and RCA-071(96m at 1.4g/t gold; see press release 25th November 2008).
Other new results include 51m at 2.3g/t gold (RCA-198, open at depth) returned from resource extension drilling along the northwestern edge of the Tigranes area (see results table and map figure in Appendix) and 12m at 3.0g/t gold (RCA-185) from a very discrete higher grade fault zone also located along the northwestern edge of the Tigranes area.
Significant new intersections include
• RCA-179 (Tigranes) 34 meters at 1.0 g/t gold,
• RCA-180 (Tigranes) 56 meters at 1.0 g/t gold,
• RCA-184 (Tigranes) 40 meters at 1.0 g/t gold,
• RCA-185 (Tigranes) 12 meters at 3.0 g/t gold,
• RCA-195 (Artavasdes) 84 meters at 4.9 g/t gold (open at depth),
• RCA-198 (Tigranes) 51 meters at 2.3 g/t gold (open at depth),
Including 19m at 5.6 g/t gold
2
"The resource upgrade and extension components of this year's program at Amulsar are proving highly successful" said Dr Tim Coughlin, Lydian's President and CEO. "Lydian's geologists have now identified at-least three linear and curvilinear higher grade zones all of-which remain open along strike and at depth beyond the current resource envelope. Drill holes to follow these higher grade zones have been planned and will ensure that they form key components of future resource upgrade work. The exploratory component of this year's program is progressing well. The drill rigs have now moved off the Erato and Erato North prospect areas and samples are in the process of being split, dispatched and analyzed".
About Lydian International
Lydian is a diversified mineral exploration and development company with expertise employing "first mover" strategies in emerging exploration environments. Currently Lydian is focused on Eastern Europe developing advanced precious and base metal assets in Armenia and Kosovo. The two main projects are gold at Amulsar in Armenia, and zinc, lead, silver and gold at Drazhnje in Kosovo. The Amulsar group of licenses is 95% owned by Lydian's wholly owned Armenian subsidiary (Geoteam CJSC). Lydian also has a pipeline of promising gold and base metal exploration projects in the Caucasus regions.
Lydian's management team has a track record of success in grassroots discovery, in acquiring and developing undervalued assets, and in building companies. Lydian has a strong social agenda and a unique understanding of the complex social and political issues that characterise emerging environments. The Company's significant shareholders are the International Finance Corporation (IFC), a member of the World Bank Group, Newmont Mineral Holdings B.V. (owned by Newmont Mining Corporation), and the European Bank for Reconstruction and Development (EBRD). More information can be found on Lydian's web site at www.lydianinternational.co.uk.
Christopher John Bargmann, FGS(C Geol), MAusIMM, Pr.Sci.Nat; is the Qualified Person overseeing Lydian's exploration programs. Mr. Bargmann has supervised the preparation of the technical information contained in this press release.
Lydian employees are instructed to follow standard operating and quality assurance procedures intended to ensure that all sampling techniques and sample results meet international reporting standards. All assay work for the released results was carried out by ALS Chemex analytical laboratory in Rosia Montana, Romania. More information can be found on Lydians's web site at www.lydianinternational.co.uk.

[mattybuoy] 10/8/2010 18:43

It's been a busy day for the Petrobank crew.

Here's PMG raising $550m in convertibles without batting an eyelid. They asked for $300m at 8.30am but the demand was "overwhelming" hence the increase.

[mattybuoy] 10/8/2010 12:34

NEWS

PetroBakken quarterly results:



Very impressive as usual, but being coy about results from the Cardium.

[mattybuoy] 10/8/2010 12:31

NEWS

Continental Nickel finds more nickel at Nachingwea:



I have no doubt this will be a mine one day. Quite puzzling how the market completely ignores it though.

[mattybuoy] 09/8/2010 14:49

How about this?

V.CXT



105m shares out FD.

[mattybuoy] 09/8/2010 13:21

Well now we know what caused the 40% rise in ACG on Friday.



The "un-stimulated" Shane 7-11 well has flowed at 16 bpd of 26 API oil (42 bpd total fluids with a 63% water cut). That doesn't sound too great to me, but I guess that with fracture stimulation the rate will go up.

Perhaps someone more clued up can interpret better than me ...

[mattybuoy] 08/8/2010 19:44

It's hard to put my finger on why but I just don't like those GE message boards.

[riggerbeautz] 08/8/2010 19:32

Matty here's one of mine on the march lately. Listed on both the TSX and ASX seen a good rise recently after announcing selling off Australian prospects; interesting prospects elsewhere.



Rang a bell after seeing the oil sands tips, thought i'd come across you somewhere before, you didn't stick around long though.

[mattybuoy] 08/8/2010 16:12

If you like diamonds Diadem (DBL's JV partner) might be worth a look. The market cap is around $10m compared to DBL at $50m+, so if they do find some shiny baubles then you're going to get much more leverage with DRL.

Here is a gratuitous picture of the Diavik diamond mine in winter. Kinda lonely ...

[mattybuoy] 07/8/2010 18:48

That's not what this thread is about, but amongst others I have Peyto, Petrobank and offspring, Tag Oil and Darnley Bay. The first two are core holdings.

Just because I find a company "beautiful" or interesting doesn't mean that I want to put my money into right now. However I do watch all the stocks in the list, as well as loads of others. There is a lot to learn.

[jonno1] 07/8/2010 18:17

Matt, what Can stocks do you currently hold?

[cagey76] 07/8/2010 15:54

matty, I knew you wouldn't disappoint, but I didn't think you'd come back this quick. I'll take a look over on REE. Its amazing where you end up aimlessly crawling the net, this rare earth stuff makes for good reading.

[mattybuoy] 07/8/2010 15:48

GWG duly added to header ...

[mattybuoy] 07/8/2010 15:32

Wow.

I didn't realise GWG had such a derisory market cap. Must have a closer look, it might even qualify as a beauty, especially as it's based in Saskatoon, Saskatchewan.