andewa project drilling demonstrates excellent, page-55

"If you had 20 companies like FNT and VOR, you would probably lose money on 10, make your money back or 2-3 baggers on 8 or 9, and 1 or 2 would be 10+ baggers. Lets hope both VOR and FNT are the 2."


G'day Georisk, here all all (24) asx listed explorers\producers in PNG.


Mincor Resources
Liquefied Natural Gas Limited LNG
Highlands Pacific HIG
Marengo Mining MGO
CopperMoly Limited COY
Frontier Resources FNT
Gold Anomaly GOA
Goldminex GMX
MIL Resources MGK
Cue Energy CUE
Pacific Niugini Ltd PNR
Santos STO
Quintessential Resources Ltd QRL
Bougainville Copper BOC
New Guinea Energy NGE
Oil Search OSH 6.28
Resource Mining RMI
Orchid Capital Ltd/fund ORC
Horizon Oil HZN 0.25
Newcrest Mining NCM
Allied Gold ALD
Bright Star Res Ltd (Tasman Goldfields)
Kula Gold KGD
Niuminco Group Ltd NIU


To have 20 company's like FNT would be very difficult to find, especially with the quality suite of tenaments including all 5 Jv's with Ok Tedi, management and PNG local logistical experience... Going by whats already been released I beleive we have a larger resource footprint at Andewa than many of these company's....

We have found copper and molybdenum sulphide minerals collared the whole way on both holes (398M) 2.7km's apart for crying out loud!!!


I truley believe we have a massive copper, molydbenum, gold and silver deposit ready to be proved up.. It will much bigger imo than MGO's flagship (j\v'd) Yandera project.
(Mgo's market Cap currently 3.5x that of fnt's and they don't have 100% ownership.

Many investors might be waiting for the assay results to confirm but if you join the dots it's already game on in a big way imo.

Darkhorse hit the nail on the head the other day with his comments relating to the last announcement and Peter not allowed to state yet that it's a World Class Deposit before assay results. It couldn't be more obvious that Peter knows its the real deal. Check the Pages on the FNT website of core samples from hole 1.. Why would Peter release this if he wasn't confident??

Buying thes things is the only thing on my agenda at the moment... good luck to holders ... I have a strong feeling its just the beginning of a ride not seen since FMG, SFR and the likes.


PS. The bloods in the water... wait for the giants to start circling after the assay results!