Tiger Royalties And Inve... Share Discussion Threads

[smilewithme] 20/9/2006 00:57

All,

Franconia tipped on Canadian Business Television!

Franconia reached new closing high today of $1.78 - 84p up another 6% on the day – high volumes of 418,800 traded. (Day high was $1.94 – 91p)

Perhaps, a tip from John Embry, chief investment strategist, Sprott Asset Management helped – he has doubled his money but thinks that it is very underweight!


Jaguar2001

John Embry, tipped Franconia Minerals

"Franconia's one that has really flown under the radar screen. It's got 200 million tons of poly-metallic ore in 2 ore bodies in Minnesota up around the Duluth area and it looks economic - 5 million contained ozs of precious metals, 3 million pounds of copper and a million pounds of nickel. Market cap is 60 million. I've doubled my money in it but I think that it is very underweight"

Report on Business Television

Broadcast can be watched at:



Market Call
Tuesday, September 19, 2006 1:25 PM ET
--------------------------------------------------------------------------------
Market Call with Jim O'Connell
The Great Gold Debate
John Embry, chief investment strategist, Sprott Asset Management
Paul van Eeden, president, Cranberry Capital
Steven Hochberg, chief market analyst, Elliot Wave International

Related Stock Quotes:
Wesdome Gold Mines Ltd. (globeinvestor.ca)
Great Panther Resources Ltd. (globeinvestor.ca)
Franconia Minerals Corp. (globeinvestor.ca)
AuEx Ventures (globeinvestor.ca)
Miranda Gold (globeinvestor.ca)

[abubryn] 19/9/2006 16:27

Some more bought in perhaps .?? Get a Tiger in your tank and drive onwards and upwards .

[skyship] 16/9/2006 16:18

Well played Bruce, though how on Earth did you manage that stock @ 3.1p?

15 September 2006

Tiger Resource Finance p.l.c.

Transaction in Own Shares

Tiger Resource Finance p.l.c. ("Tiger" or the "Company") announces that on 14
September 2006, it purchased 1,000,000 ordinary shares of 1p each ("Ordinary
Shares") at prices between 3.1 pence and 3.5 pence per Ordinary Share. These
Ordinary Shares are to be held as treasury stock.

Following this purchase, Tiger holds 1,000,000 Ordinary Shares in treasury and
the total issued share capital of the Company less treasury shares is
199,881,939 Ordinary Shares.

[skyship] 14/9/2006 19:07

Hi Glynne - I think we'll both make a turn here! Quite possible that those buys today @ 3.5p were the buybacks kicking in....

[glynnef] 14/9/2006 16:56

Skyship,
That muppet you refer to obviously didn't read your post 226 on the new JDT thread! Your analysis has bolstered my investment club's confidence in their holding, albeit still showing a small loss having bought at 3.76 last year.

GF.

[skyship] 14/9/2006 14:29

Great - 250,000 bt at the full asking of 3.5p

Tried to top-up yet again this morning. Sought to get a cheap offer of that 100,000 sold @ 3.2p yesterday. Nothing doing - 3.5p was the cheapest offer. Must be lovely to be a mm some days. Some muppet sells into a rising market; and you turn the stock on for a 10% turn just hours later.....

[skyship] 12/9/2006 09:55

Franconia (Ofex): 333,333 @ 63p = 210,000 (Jun 30th Valn = 110,000)
Franconia (TSX): 625,000 @ c.70p = 437,500 (Jun 30th Valn = 249,000)

You'll see the full portfolio with the Interim statement on 25th July:

[integer] 11/9/2006 23:04

Sky, how many FRA shares do TIR hold?

[skyship] 11/9/2006 09:57

AST also looks to be becoming somewhat of a HOT stock. I would expect some resistance @ 14p, being the previous highs in Oct'05 & May'06, but after some consolidation I reckon a break through the ceiling could well see a run to the mid 20s, ie, an extra 1.6p on our NAV.

Also look at FRA - new highs again in Canada!

Anyone got a spreadsheet on our portfolio? By my estimation the 30th Sept'06 NAV could well reveal a figure of c.5.5p

That, together with continued strength of AST & FRA, together with the distinct possibility of another seasonal buyback programme (now approved); all combine to make TIR a very attractive proposition at anything sub 3.5p.....

[[e-mail]] 08/9/2006 15:27

vern

no stoping AST up again today

[[e-mail]] 07/9/2006 16:34

vern

ast is going to make this one fly

[integer] 06/9/2006 20:42

What is TIR's holding in FRA now worth and the cost?

[smilewithme] 06/9/2006 20:14

All,

Great news – FRA resource estimate has increased by 140%.

"The increased resource base may also lead to additional economies of scale and, since neither Maturi nor Birch Lake has been fully drilled out, there is still more "blue-sky" potential at this project." Added Gavin.

"A supporting Technical Report, including an economic analysis of the project" – to be made available within 45 days" – this is the scoping study that we have been waiting on.



As fortyniner said "I and Smilewith me have previously posted that a likely NPV for Birch Lake and Maturi combined could be somewhere in the region of half a billion US dollars. That however would be at copper-nickel prices of about half the current prices, and at platinum and palladium prices of about a quarter and third less than current prices, (and at certain discount rates). Application of current metals prices could potentially give a NPV of several times that half a billion figure"


FRANCONIA RECEIVES UPDATED 43-101 RESOURCE ESTIMATE ON BIRCH LAKE & MATURI
COPPER-NICKEL-PGM RESOURCES
Combined Inferred Resource Increases 140% from 90 to 220 Million Tonnes

SEPTEMBER 6, 2006, SPOKANE, WASHINGTON: Franconia Minerals Corporation
("Franconia") is pleased to announce it has received updated resource estimates
for both the Birch Lake and Maturi copper-nickel-platinum group metal (PGM)
targets on the Franconia's Birch Lake Project in Minnesota. The two resources
are located approximately three miles apart. The resource estimates were
prepared as part of an ongoing Preliminary Economic Assessment of the potential
economic viability of mining concurrently the Birch Lake and Maturi resources
and feeding one central processing facility - all controlled by Franconia. This
latest estimate takes into account additional drill holes at the Birch Lake
resource, lower processing costs and applies higher long-term metals prices to
both resources than the prices used in previous resource estimates. The metal
prices used, however, are well below current prices. A supporting Technical
Report, including an economic analysis of the project and prepared by Scott
Wilson Roscoe Postle Associates (Scott Wilson RPA) to NI 43-101 standards, will
be filed and made available on SEDAR within 45 days.

Scott Wilson RPA, using what it describes in its report as appropriate cut-off
values of US$25 per ton at Birch Lake and US$30 per ton at Maturi, now
estimates Inferred Resources of 100.4 million tons for Birch Lake (previously
39 million tons) and 119.9 million tons for Maturi (previously 51.2 million
tons).

Brian Gavin, president of Franconia, said, "The combined 220 million ton Birch
Lake and Maturi Inferred Resources represents a marked 140 per cent increase in
the project resource base, primarily due to using generally accepted higher
metal price forecasts that effectively reduce the cut-off grade and thereby
dramatically increasing the size of the resource. The increased resource base
may also lead to additional economies of scale and, since neither Maturi nor
Birch Lake has been fully drilled out, there is still more "blue-sky" potential
at this project." Added Gavin, "Finally, if the completed Preliminary
Assessment supports the viability of conceptually splitting the capital cost of
one central processing facility between two mines, Franconia's `bottom line'
would gain a still bigger boost."

[smilewithme] 01/9/2006 17:19

FRA just passed their intra-day high 1.12

Previous was 1.10

Breakout is on and on!

:-)

PS. Maybe a good time to pick up some stock on OFEX/ PLUS before the MMs waken up!

[smilewithme] 01/9/2006 17:18

Tiger Share holding in Franconia doing well!

All,

Great to see large buy on OFEX/ PLUS as spotted earlier by kickstart - £11,000 at 44p. That shows that the UK markets are "beginning" to wake up to Franconia's potential.

Over in Canada, yet another closing high at $1.05 (equivalent 50p)

Huesos on Stockhouse spotted that POM – Polymet Mining were rising very sharply on high volumes (up 17%).

GR8X responded stating that "Half of their market cap gives us a $10 stock! I am confident patience will be rewarded,", although I have yet to check that figure out for myself.

My earlier response is given below.

smilewithme



huesos,

Excellent spot, thanks!

POM shooting up, back again towards market cap of around 400 million Canadian dollars is great news...

Just emphasizes the difference between FRA and POM and shows us where we will be in a few years or so (if it takes that long)

We are expecting study soon on Birch Lake/ Maturi (Half Billion US +++ NPV ?) not to mention Spruce Road which is 1/3rd size of POM resource but at higher grades!

How long will FRA be valued in tens of millions of dollars, when it should be hundreds?

Smilewithme




"Additionally, Roscoe Postle comments that Franconia also controls the near-surface Spruce Road resource, located about 5 miles east northeast of Maturi. The Spruce Road historic resource consists of 236 million tonnes at 0.46% copper and 0.16% nickel. Spruce Road was the subject of surface drilling, bulk sampling, metallurgical testing and a pre-feasibility study by American Copper & Nickel Co between the 1950s and 1970s"

[skyship] 28/8/2006 17:26

Today's UK-Analyst tip is for our largest holding, namely: Ascent Resources (AST)..............

Buy Ascent Resources at 12p
Says Stewart Dalby of Oilbarrel.com

Ascent Resources is a junior and oil and gas explorer in a hurry. It retains a small but potential lucrative interest in Gabon in Africa, but since listing in 2004 it has assembled an extensive portfolio of over 20 oil and gas projects across six countries in Europe.

Ascent's Managing Director Jeremy Eng favours Europe, because there are known oil and gas provinces which are now worth revisiting because of good, firm oil and gas prices (even in eastern Europe), the cost of assembling assets and of re-entry is relatively modest. The exploration costs are low, there is extensive infrastructure servicing growing markets.

The company has not just assembled the acreage but has been aggressively pro-active in exploiting them with a six (possibly eight well programme) in 2006and at least a further three wells, possibly five slated for 2007. The drilling starts, well, just about right away. If constant news flow on the drilling front is what investors following the junior market want then, Ascent will not disappoint. The shares have more or less idled around 9p to 12p in recent weeks but now the drilling is about to start they should begin to move and are a definite buy.

The group has just announced that its 90 per cent Joint Venture, PetroHungaria has entered into a farm out agreement with DualEx Nirseg a wholly owned subsidiary of DualEx Energy International of Canada. The companies will jointly explore and develop the hydrocarbon resources of the Nyirseg Del and Nyirseg Szatmar exploration permits in the Pannonian Basin in North Eastern Hungary. These contain the established Peneszlek field.

Under the terms of the agreement, DualEx will reimburse some of the historical exploration costs and fund 75 per cent of the costs of drilling two wells to earn a 37.5 per cent working interest in 45 per cent of the area of the Exploration permits. DualEx has the option to participate in two further wells to earn a 37.5 per cent working interest across the whole of the two permits.

Ascent has also received a Letter of Intent from PetroPequnia AB which wants to enter into an agreement for the first part of this deal under the same terms to far-in for a 5 per cent working interest by funding a further 10 per cent of the costs in the permits.

What this all means is that is that Ascent should be left with a 50 per cent working interest in the wells whilst finding itself paying 15 per cent of the cost of the wells which are expected to come in at around 1.4 million pounds

The first well, Peneszlek-104 will be a re-appraisal well for Peneszlek gasfield and has a secondary Pannonian gas target. It is scheduled to start drilling in September. Fehergymat (FGY-1), will target a gas prospect in Pannonian sandstone formations and will be drilled to a depth of 1,350 metres. The second well FGY-1 with a planned total depth of 1,100 metres, will be drilled immediately after the PEN-104 well.

Between 1983 and 1989, the Peneszlek field produced a total of 4.8 bcf of gas from 1983 to 1989. The reservoir is in the Miocene tuff sediments and, following re-mapping using the seismic data acquired in 2005 by PetroHungaria, it is expected that the remaining reserves of this field are substantially more than previously estimated and re-development studies are on going.

Broker Hichens and Co has estimated that there could be a one in three chance of success on the field, with proven reserves of up to 160 bcf in total. A 160bcf would be company making. But something less than this would also be welcome. Here is the point: Jeremy Eng reckons the company could achieve a price of US$9 per thousand cubic feet. This is almost US style pricing and is a lot more than we have become used to from other east Europe and former Soviet Union countries. But if it is the case that this level is achievable then a field with just 2 bcf of gas recoverable would be economic.

During the 1980s, two further satellites of the Peneszlek field were discovered and tested but were not put on production. The first optional well is planned as an appraisal of one of these satellite discoveries; the second optional well targets a seismically defined (ASVO) prospect in the Pannonian sandstones in the south of the permits.

As if this were not enough to keep Ascent busy, it has four other wells planned for Italy and Spain this year. In Italy, there are two sets of assets. In the Po Valley in Northern Italy, which has the second largest onshore gas reserves in Europe, Ascent has 100 per cent of the Cento and Bastiglia permits. It has reprocessed seismic data and identified twelve leads. The company is applying for permits to drill four high impact wells in 2007.
Ascent's other Italian job, so to speak, is around Rome. Despite delays caused both by permitting and the shortage of equipment and services, the company has contracted a rig to drill the Anagni-1 and the Arrone-1 wells in the Frosinone permit of the Latina Valley and the Fiume Arrone Permit near Rome's Fiumicino airport.

Following the drilling of these two wells it is planned to move the same rig to Spain. Ascent holds a 88 per cent interest and operatorship of the Ayoleungo oilfield, the only onshore Spanish producing oilfield where output is 100 barrels of oil per day. The plan is to use the rig from Italy to drill the Hontomin 4 appraisal well. The Tozo-1 re-entry well will use another rig, which is currently working, on wells in the Ayoluengo oiflield. Both these Spanish wells are on fields close to Ayoluengo.

Elsewhere, Ascent will participate in up to four non-operated exploration wells in the Aurelian led project in Romania from which gas production and sales from the Bilca development (5 per cent Ascent) are to start shortly. In Switzerland Ascent has a 90 per cent interest in three exploration permits, and there could be a well in 2007. In the Netherlands, Ascent has applied for permits in four offshore blocks and two part blocks. Four of these six applications have no competing applications.

Given the expected newsflow in the short term, at 12p, these shares are one to buy.
Key Data

EPIC: AST
Mkt: AIM
Spread: 11.25 - 12.5p

[metallica] 16/8/2006 21:01

Only the bid price has increased not the sell widening the spread hence the increase in the mid price.

[hasvant] 16/8/2006 13:16

SP up without volume! does that tell you something? MM wants your shares which could have come via a)Large buy order is pending to be filled or b)Company's buyback of shares.
we will know end of day when volume is reported.

[sassi] 15/8/2006 10:52

I have 25000 shares holding since offer to buy at 2p
Any more news about share buy back and price as prees release of up too 20% over the share price at some point. ANY one know when and the price.

thanks

[crazy russian] 12/8/2006 12:31

ah ha !

apologies for troubling all
i missed that completely!

many thanks

IMO the more they buy back the better

[shawzie] 11/8/2006 21:30

crazy russian

Tiger announces that on 4th July 2006, it has cancelled 35,000,000 ordinary
shares of 1p each ("Ordinary Shares") that were held as treasury shares.

Following this cancellation, Tiger does not hold any ordinary shares as treasury shares.

The issued share capital of the Company is now 200,881,939.

[crazy russian] 11/8/2006 17:46

I thought they were up to the limit with treaury?
so how are they able to but back

or is buyback to cancel above/beyond/to one side of treasury??

[skyship] 11/8/2006 16:32

300/- @ 3.0P - THE FIRST BUYBACK PERHAPS!?

[metallica] 10/8/2006 20:15

The major problem with tigger is liquidity. Today the turnover was 100000. So that equates to £2000. It makes you wonder why Winterfloods bother. Until the turnover passes 2 million shares the share price is going nowhere.