Tiger Royalties And Inve... Share Discussion Threads

[tim] 15/2/2007 14:56

yup - big holding of ast 30million odd.

[sheeneqa] 15/2/2007 14:50

AST rising rapidly bound to have a knockon effect here.....

[crazy russian] 15/2/2007 12:22

many thanks
I had missed the announcement about the cancellation of some treaury shares, hence my query

thanks again

[tiltonboy] 14/2/2007 18:22

crazy,

From the announcement on 26.7.2006:

"The buy-back will not be limited to definitive blocks of
shares nor to a fixed period of time"

As for Treasury shares, this is a half way house on the way to cancellation. Once in Treasury, the shares can be re-issued, but what tends to happen is that the shares will accumulate there until they are cancelled. The company cancelled 30m shares on 4.7.06

Hope that helps.

tiltonboy

[crazy russian] 14/2/2007 18:03

isnt there a limit to how much can be bought in?
and arent we at it?

or is 'treasury' something different?

[[e-mail]] 14/2/2007 16:45

vern

not a bad prediction yesterday

[skyship] 14/2/2007 16:39

NAV closed out at 6.02p on my spreadsheet

sp appears to have closed out up 10% @ 3.6-3.95p

Hopefully this rise will flush out some stock for Bruce to buy-in.

[tim] 14/2/2007 15:53

Sorry guys I think that was me bumping up the spread.

[tim] 14/2/2007 15:21

Just got myself another 100k.

[skyship] 14/2/2007 15:21

Tiltonboy - hopefully it will prove to be a well timed purchase

[tiltonboy] 14/2/2007 14:38

SKYSHIP,

Managed to pick up 250K at 3.5p this morning.

tiltonboy

[skyship] 14/2/2007 11:03

AST 15.5p - So the NAV is now just a whisker under 6p: 5.96p & climbing....

Incidentally, it looks to me as though close on 1m shares have been bt @ or just under 3.5p. Nice for the buyers, but with the NAV rising I think Bruce should have been adding to the buyback kitty. Better to accumulate in 100,000 lots rather than miss out entirely as there can't be many larger loose block holders to hoover up.

[[e-mail]] 13/2/2007 16:24

vern

AST is going with them

[[e-mail]] 13/2/2007 07:53

vern

i think this share is the one that is going to fly in the next few weeks

it must be worth a few bob

[skyship] 12/2/2007 10:05

Hi TIM - Yes, absolutely normal - trade will show up after 2 hrs. NMS stated as 10,000 but usually possible to trade either way in 100,000 - occasionally more.

[tim] 12/2/2007 08:30

Joined u guys for a 100k, but not showing - is this normal? Is NMS really 10k?

[skyship] 09/2/2007 15:06

Yup - FRA running again - c.203c in Canada. NAV now 5.8p....and climbing!

[smilewithme] 09/2/2007 08:21

Franconia tipped on Canadian Business TV

"I love ones that have got solid value and you've got a real chance of a home run" and "Cheap"


ROB-TV
Market Call with Jim O'Connell

John Embry's Top Picks

John Embry, chief investment strategist, Sprott Asset Management
Thursday, 2/8/07 12:30PM



"Huge Polymetallic ore body potential iron body, in the iron mining range in Minnesota.Huge Polymetallic ore body fairly low grade but with Net Asset Value which is 5 or 6 times what the stock trades at. They are also drilling a bonanza big Copper play in Arizona.

I think that they've got the base value in the big ore body in Minnesota and they've got this copper play speculation.

I love ones that have got solid value and you've got a real chance of a home run.

Franconia falls into this category.

Cheap but potential for real exploration excitement.

Now at 1.84, John Embry got in at 75 cents/ 80 cents and topped up again at $1.50"

[skyship] 06/2/2007 16:48

That's helping FRA slightly better in Canada; +10c @ $1.90

Spoke with both Bruce & the Co. Sec - Raja Semtani. The Finals will likely be a lot earlier this year - End Mar/Early Apr.

I read that one of our holdings, 5.1m shares in Pan-African Resources (PAF), could well be returning from suspension 50% better @ 9p, possibly higher. That extra £150,000 will take the NAV from the current 5.77p to 5.85p. Not a lot, but every bit helps..... Sp closed out today @ 3.42p-3.48p

[smilewithme] 06/2/2007 16:07

"the best overall mineralization we've found so far."


Tue Feb 6, 2007
Drilling Continues To Expand Copper-Nickel-PGM Mineralization At Birch Lake, Minnesota

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

February 6, 2007 Spokane, Washington: Franconia Minerals Corporation (TSX-V:FRA) announces a fourth progress report on the on-going 2006-2007 core-drilling program at the Birch Lake copper-nickel-PGM (platinum group metals) inferred resource located in the Duluth Complex of Minnesota. This latest drilling has intercepted mineralization considerably thicker than the average 75 foot thickness of the deposit. Further, ongoing drilling continues to reveal mineralization that is generally similar to or higher than the average 0.59% copper, 0.19% nickel and 0.65g/t palladium, 0.32g/t platinum, and 0.14g/t gold values already found in this 100.4 million tonne inferred resource.

Brian Gavin, Franconia's president comments, "We are very pleased with these interim results from the in-fill drilling program, which will, in time, allow us to convert the current inferred resource to an indicated resource and provide samples for bench-scale and pilot plant-scale metallurgical testing. The recent drilling certainly indicates thicker zones of mineralization with higher grades than previously encountered. For example, hole BL06-05W2, a wedge offset that intercepted 101 feet (30.8 meters) of 0.91% copper, 0.30% nickel plus 3.07 grams per tons of combined platinum, palladium and gold, has shown the best overall mineralization we've found so far."

Additional wedges from drill hole BL06-04 and BL06-5 (see table) further confirm the thickness and grade of mineralization in the southern portion of the deposit (see map).



Approximately 20% of the planned 23-hole 2006-2007 program has been completed. Core samples were prepared at the ALS Chemex Ltd. laboratories in Thunder Bay and then shipped to its analytical facilities in Vancouver. Samples were analyzed for gold, platinum and palladium using a standard fire assay with an ICP finish, as well as for 34 base metals and trace elements using a four-acid (near-total) digestion and a combination of ICPMS and ICPAES. ICP over-limits were reanalyzed using sodium peroxide fusion and acid dissolution followed by ICPAES.

Birch Lake and the nearby Maturi deposit are the subjects of a recent independent preliminary economic assessment (see Franconia news release of October 3, 2006) prepared by Scott Wilson Roscoe Postle Associates to NI 43-101 standards (available at www.SEDAR.com). The preliminary economic assessment contemplates that a combined Birch Lake-Maturi operation would have, over a 26-year mine life, an average annual production of 74 million lbs of copper, 19 million lbs of nickel, 2.9 million lbs of cobalt, 68,000 ounces of palladium, 33,000 ounces of platinum and 7,300 ounces of gold. All technical data have been reviewed by Brian Gavin, Franconia's president and an appropriately qualified person as defined by NI 43-101.

Franconia Minerals Corporation trades on the TSX-V 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 43,380,120 shares issued and outstanding.

Brian Gavin,
President

[smilewithme] 06/2/2007 00:21

Minesite

January 01, 2007

2006 Was A Year When The Mid-Cap Companies Took Most Of The Prizes.

By Henry Sandford.

The best performance of the year came from PLUS listed Franconia Minerals, shares in which jumped 643.8 per cent to 59.5p and kept up the reputation of the small caps for sometimes delivering outstanding share price growth. The company has withdrawn from PLUS for 2007, evidently being happy with its Canadian listing and not sufficiently tempted by an AIM quote, or maybe happy enough with information disseminated by Minesite. Franconia's primary asset is the Birch Lake PGM-copper-nickel project in Minnesota, but it is also exploring the Red Knoll copper project in Arizona. A preliminary economic assessment of Birch Lake considers an operation producing 74 million lbs of copper, 19 million lbs of nickel, 2.9 million lbs of cobalt, 68,000 ounces of palladium, 33,000 ounces of platinum and 7,300 ounces of gold per annum on average over a 26 year mine life. A unique and interesting project.

[skyship] 05/2/2007 16:59

I have a supsicion those 250000 bt @ 4.75p could be the lastest buyback. We'll see tomorrow if so.

House having to bid up and for small pickings. Sensible really as the NAV has motored ahead and they can't expect to run into many sellers at this level.

Tomorrow morning can anyone with L2 tell me how many on offer @ 3.5p

[[e-mail]] 05/2/2007 16:25

vern

due to go up