Tiger Royalties And Inve... Share Discussion Threads

[crazy russian] 05/7/2006 15:25

he's quite specific about this then...its not just a guess?

[blessings] 05/7/2006 13:04

METALLICA - 5 Jul'06 - 11:10 - 555 of 555


Careful TIR is a high risk play. Remember that commodoties could be topping out.




Of course, no commentary on the commodity bull market would be complete without the added news of Jim Rogers' continued bullishness. As FN Arena News reports, in a recent interview with Credit Suisse, Rogers maintained that the current bull market has a long way to go. Judging by the length of previous cycles, Rogers estimates that the current bull move in tangible assets won't peak until somewhere around 2014-2022.

The Case for Commodities


Think I will go with Jim Rogers at least he can spell........

[metallica] 05/7/2006 11:10

Careful TIR is a high risk play. Remember that commodoties could be topping out.

[skyship] 05/7/2006 10:32

A 500,000 buy @ 3.25p - that's a chunky trade for TIR - perhaps Strongbow topping up again.....

[smilewithme] 30/6/2006 12:01

All

Tiger holding Franconia looking good in Canada, last night up another 5% to 80 cents (equivalent 39p) on large volumes – 540,000 shares which is an excellent bullish sign.

Price on OFEX marked up this morning but only to 33p (67 cents), so again this is buying opportunity.

Interesting to note that OFEX volumes in last 2 weeks were only 50,000 shares traded.
The OFEX market is really not appropriate at this time for Franconia.

With price difference of nearly 20%, I look forward some time in in the future to OFEX de-listing and the shares being transferred to another market.

Smilewithme

[smilewithme] 13/6/2006 11:14

Local Press Timberjay News reports on latest Franconia Announcement.

"According to the new estimate, prepared by Roscoe Postle Associates, the Maturi deposit, at 51 million tons, is even larger than the Birch Lake deposit, estimated at 39 million tons. It is also somewhat richer in copper, nickel, and cobalt than the Birch Lake ores, according to Ernie Lehmann, company CEO"



Tuesday, June 13, 2001906 Volume 17, Issue 23

New results boost Franconia
By Marshall Helmberger

A new estimate of the minerals potential of the Maturi deposit, near Babbitt, has boosted the prospects for a copper/nickel/platinum group metals mining operation there. Franconia Minerals Corporation, which recently acquired the Maturi site, along with other mining properties in the area, says the new estimate demonstrates the potential for mining the company's Maturi and nearby Birch Lake deposits, using a single centrally-located processing facility. The Maturi deposit is located about three miles north of the Birch Lake site.
"Conceptually, the capital costs of one plant would be split between two mines, giving a big boost to the bottom line," said Brian Gavin, president of Franconia.

According to the new estimate, prepared by Roscoe Postle Associates, the Maturi deposit, at 51 million tons, is even larger than the Birch Lake deposit, estimated at 39 million tons. It is also somewhat richer in copper, nickel, and cobalt than the Birch Lake ores, according to Ernie Lehmann, company CEO. The new estimate finds copper at 0.74 percent, nickel at 0.28 percent, and cobalt at 0.02 percent, all at least marginally higher than ores found at the Birch Lake site. Recoveries for platinum group metals were somewhat lower than at Birch Lake, according to the estimate. Company officials note that neither the Maturi nor the Birch Lake deposits has been fully drilled out, so the extent of the deposits could be larger than is currently known.

If the deposits are ultimately mined, they will both be underground operations, according to Lehmann. They would also be significantly smaller, in terms of tonnage, than the PolyMet mining operation, set to begin as early as next year, about ten miles to the south. According to Lehmann, the Birch Lake mine would likely produce about 6,000 tons of ore per day, while the Maturi deposit could produce about 10,000 tons per day. The PolyMet operation, by comparison, is expected to begin production at about 28,000 tons per day.

Franconia's latest resource estimate is based on core samples taken by the American Copper and Nickel Company and its parent company, Inco Limited, both of which conducted extensive drilling at the Maturi site from the 1950s through the mid-1970s. Their work included construction of an 1,100 foot exploration shaft, that allowed additional underground drilling. The latest estimate is based on 41 surface drill holes and 12 underground drill holes totaling 46,178 feet including material re-sampled and re-assayed in 2000 from 26,246 ft of core (1,400 samples) for copper, nickel, cobalt, platinum, palladium, gold and sulfur. No further exploration or evaluation has been done since that time. The mineralized zone is about 75 feet thick and dips at approximately 45 degrees to the southeast. The uppermost portion of the zone reaches within 170 feet of the surface.

Franconia is currently conducting a re-estimation of the resource at Birch Lake to include drill data from 2005 and updated long term metal prices. That estimate, combined with the latest one from Maturi, will form the basis of an independent Preliminary Economic Assessment, which will include a "scoping-level" economic evaluation and cash flow analysis, of the potential viability of simultaneously mining the Birch Lake and Maturi deposits.

[smilewithme] 06/6/2006 22:05

Wow! Excellent News on the way to a Mine! Maturi 51 million tonnes and Birch Lake 39 Million tonnes ;-)



Tue Jun 6, 2006
Franconia Receives 43-101 Resource Estimate On Maturi Copper-Nickel-PGM Resource At Birch Lake, Minnesota

--------------------------------------------------------------------------------

June 6, 2006, Spokane, Washington: Franconia Minerals Corporation ("Franconia") is pleased to announce it has received a resource estimate for the Maturi copper-nickel-platinum group metal (PGM) target, part of the Birch Lake Project in Minnesota. The Maturi target lies on a package of mineral rights acquired in 2005 by Franconia from American Copper & Nickel Company, Inc. (ACNC). The Maturi target is located about 3 miles north of Franconia's 39 million tonne Birch Lake copper-nickel-PGM resource. A supporting Technical Report, prepared by Roscoe Postle Associates to NI 43-101 standards, will be filed and made available on SEDAR within 45 days.

Brian Gavin, president of Franconia, said, "The 51 million tonne Maturi Inferred Resource complements our 39 million tonne Inferred Resource at Birch Lake and raises the possible scenario of two nearby underground copper-nickel-PGM mines feeding one central processing facility - all controlled by Franconia. Conceptually, the capital costs of one plant would be split between two mines giving a big boost to the 'bottom line'. Also, neither Maturi nor Birch Lake has been fully drilled out as yet".

Inferred Resource Estimate,
Maturi Zone, Birch Lake Project, Minnesota

(Smilewithme – I have placed figures in column from new release to make easier to read – I take no responsibility for transposing these ie. please check yourself)

Cut Off NSR $25.00
Tonnes (millions) 51.2
Copper (%) 0.74
Nickel (%) 0.28
Cobalt (%) 0.02
Palladium (g/t) 0.27
Platinum (g/t) 0.10
Gold (g/t) 0.05

Metal price assumptions: copper $1.20/lb, nickel $4.50/lb, cobalt
$10.00/lb, palladium $300/oz, platinum $800/oz, gold $450/oz.

This estimate was prepared by Graham Clow and Richard Routledge, of Roscoe Postle Associates Inc. (RPA), both appropriately qualified persons according to NI 43-101.

ACNC, and its parent company Inco Limited, did extensive drilling at Maturi between 1950 and 1974 and developed a 1,100 feet deep exploration shaft. This estimate is based on 41 surface drill holes and 12 underground drill holes totaling 46,178 feet including material re-sampled and re-assayed in 2000 from 26,246 ft of core (1,400 samples) for copper, nickel, cobalt, platinum, palladium, gold and sulfur. No further exploration or evaluation has been done since that time. The mineralized zone is about 75 feet thick and dips at approximately 45 degrees to the southeast. The uppermost portion of the zone reaches within 170 feet of the surface.

Maturi is three miles northeast of the Inferred Resource at Birch Lake. The resource estimate summarized below was completed in 2005 by RPA to 43-101 standards using different long-term metal prices.
A re-estimation of the resource at Birch Lake to include drill data from 2005 and updated long term metal prices is currently underway. The resource estimates at Birch Lake and Maturi will form the basis of an independent Preliminary Economic Assessment, which will include a "scoping-level" economic evaluation, including a cash flow analysis, of the potential viability of mining the Birch Lake and Maturi resources concurrently.


Inferred Resource Estimate,
Birch Lake Zone, Birch Lake Project, Minnesota

(Smilewithme – I have placed figures in column from new release to make easier to read – I take no responsibility for transposing these ie. please check yourself)

Cut Off NSR $30.86
Tonnes (millions) 39.3
Copper (%) 0.72
Nickel (%) 0.22
Cobalt (%) 0.01
Palladium (g/t) 1.01
Platinum (g/t) 0.49
Gold (g/t) 0.23

Metal price assumptions: copper $1.05/lb, nickel $5.00/lb, cobalt
$10.00/lb, palladium $225/oz, platinum $750/oz, gold $410/oz


Franconia Minerals Corporation trades on both the TSX-V in Canada and OFEX in the UK under the symbol FRA. (For additional information see www.franconiaminerals.com.) The directors of Franconia Minerals Corporation accept responsibility for this announcement. Franconia presently has 37,165,054 shares issued and outstanding.

Brian Gavin, President
Franconia Minerals Corporation

For more information contact:

Brian Gavin
Franconia Minerals Corporation
111 East Magnesium Road, Suite A
Spokane, WA 99208,USA
Tel: [phone]
E-mail: [e-mail]
www.franconiaminerals.com

Colin Bird
Lion Capital Corporation Ltd.
4th Floor, 2 Cromwell Place
London SW7 2JE, UK
Tel: [phone]
E-mail: [e-mail]

[skyship] 06/6/2006 18:13

No further news on buybacks though.....that has to be a negative; or at best a postponed positive!

[topvest] 01/6/2006 22:06

Surprise late afternoon announcement. Very odd. Results still good, but not really done anything in the last year. No specifics given away on intentions, except some general statements. Results much later than before. Makes you think something else has been going on in the background? Pure speculation, but with Colin Bird involved this company would make a good reverse takeover vehicle given its high cash balances. Any thoughts?

[[e-mail]] 01/6/2006 16:43

vern

well i did not think the results were to bad got to raise tomorrow

[smilewithme] 23/5/2006 15:21

Hi All,

Tiger Resource holders may be interested in news due soon in their companies holding at Franconia Minerals on OFEX.

(Inferred Resource of around 500 US Million Dollars to be confirmed against market capitalisation of around 10 million pounds)



If someone is thinking of getting in, then now maybe is the time ;-)

Franconia Minerals Corporation (TSX-V: FRA; OFEX: FRA) is focused on exploring and developing and Platinum Group Metals Base Metals (especially zinc) in the continental United States. Headed by a proven management and technical team with over 200 years of mining and exploration experience, the Company's head office is in Spokane, Washington.

Franconia's most advanced exploration project, the Birch Lake Platinum-Palladium-Copper-Nickel project, is located in the Duluth Complex in northeastern Minnesota. The Company is also actively exploring for base metals at its San Francisco zinc property in Utah and its Red Knoll copper property in Arizona. Franconia has exploration agreements with Teck Cominco American Inc.



Franconia is held by Bruce Rowan's Starvest

and Tiger Resource Finance




Main Franconia research thread is at FRANCONIA MINERALS CORPORATION: Platinum & Zinc For The Twenty First Century (FRA)

I have also started a couple of "temporary threads" :

Franconia Minerals OFEX heading for ten bagger (FRA)



and

Franconia has more Platinum than Eurasia – news expected (FRA)





Summary:
------------

There is some news flow due soon, which hopefully will see major moves upwards. We are waiting on scoping study for a resource at Maturi (historical values are shown below) Scoping study for Birch Lake has been published already. After that, they will publish a joint scoping study to process both resources together.

Currently the NPV of Birch Lake is 222 million US Dollars
Maturi might be about ten per cent higher than BL - that give us 500 million US Dollars which may be processed together. (And Franconia's market capitalisation is only around £10 million pounds!!!!!!! )

As FRA have said, "Conceptually, the capital costs of one plant would be split between two mines giving a big boost to the 'bottom line'" - expect that to be described in scoping study due out in several weeks.

Also, neither Maturi nor Birch Lake has been fully drilled out as yet.

- Maturi mineralization is open down dip to the east
- Birch Lake could be expanded along strike to the north and south

So what's already big - very big - could become even bigger.


Detail:
-------


The NPV of BL at lower January 2005 prices and 8% discount rate was 222 million US Dollars. If Maturi is comparable and they can be mined together, then the sky will be the limit! In my opinion the Maturi update will be good news - othewise why bother with a scoping study!







"The Maturi resource is located about 3 miles north of Franconia's Birch Lake PGM-copper-nickel project."

"Although still in the exploration phase, Maturi may well complement our inferred resource at Birch Lake and raises the possible scenario of two nearby underground copper-nickel-PGM mines feeding one central processing facility - all controlled by Franconia. Conceptually, the capital costs of one plant would be split between two mines giving a big boost to the 'bottom line'. Also, neither Maturi nor Birch Lake has been fully drilled out as yet."

______________________________________________________________

Birch Lake has...




This all looks very promising and hopefully we should know more soon..

Smilewithme

[topvest] 21/5/2006 18:02

Anyone know why the results are now over 3m later than they normally are?

[ccorton] 19/5/2006 15:43

Not a huge amount of movement but at least it is up.

[traderabc] 16/5/2006 13:47

I just bought 43k of these.From what research I have done this one is similar to Starvest(which I hold),could someone tell me what are the differences between the two funds.Is TIR trading with as big a discount to nav as Starvest?

[skyship] 12/5/2006 09:50

NAUTICAL PETROLEUM (NPE) tipped today in the IC. Apparently they are also on the Panmure buy list with a target of 22p. NPE are still below the level at the last NAV calculation (12.5p v 13.75p) but perhaps they are set fair for better things....

[dfgo] 09/5/2006 13:33

TIR have over 29million in AST

DFGO - 20 Apr'06 - 15:03 - 526 of 539 edit


Holding(s) in Company

RNS Number:6119W
Ascent Resources PLC
06 January 2006

Ascent Resources plc



Holdings in Company



The Company was notified on 3 January 2006 that AXA.S.A. is interested in
23,957,802 ordinary shares in the Company, representing 9.36 per cent. of the
issued share capital of the Company.

xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

The Company has also been notified on 3 January 2006 that Tiger Resource Finance
plc is interested in 29,093,406 ordinary shares in the Company, representing
11.36 per cent. of the issued share capital of the Company.

xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

[skyship] 08/5/2006 10:47

CC - AST up 1p today, so that's another 300k into the coffers....

[ccorton] 06/5/2006 18:36

By my reckoning, TIR own nearly 27 million shares in AST and so gain nearly 300k NAV for every penny that AST goes up. Nice.

[ccorton] 04/5/2006 21:46

TIR is very similar to SVE and they have both put on a lot of value in recent times with plenty more upside.

[ccorton] 04/5/2006 21:46

read the rns from 5 april and then look at the increase in value of AST since then.

[mark_jm] 04/5/2006 21:11

so whats so good about this stock ??

[[e-mail]] 04/5/2006 15:58

get in and fill your boots