TON - Triton Minerals LTD perhaps the next SYR

[tosspot]

I couldn't find a thread on this one. Some excellent results following from their initial find a few weeks back.

Grades are better than Syrahs was

Plenty of potential for further S/P appreciation

anyone else following, I jumped in today.

[Minerbarejet]

I couldn't find a thread on this one. Some excellent results following from their initial find a few weeks back.

Grades are better than Syrahs was

Plenty of potential for further S/P appreciation

anyone else following, I jumped in today.Tempted but already in AXE

[tosspot]

More impressive results today
http://www.asx.com.au/asxpdf/20140707/pdf/42qnxycxhpgprl.pdf

Shaping up to be the next big thing.
Average grades of 13.7% higher than SYR
1 Kilometer wide
Diamond drill results to come

[tosspot]

Seriously how is no one interested in this stock here. Its far more interesting and rewarding than any stock currently on the NZX and most on the ASX. This place is like a retirement village compared to Hotcopper. (dont take offence)

[GizyGold]

Seriously how is no one interested in this stock here. Its far more interesting and rewarding than any stock currently on the NZX and most on the ASX. This place is like a retirement village compared to Hotcopper. (dont take offence)
yeah ASX is where the action is. Was going to buy some when that annoucement came out but funds didnt come through but have now dam it. All about timing, nice work Tosspot , could be like THE LNG FREIGHT TRAIN!!

[milt1968]

I jumped in five minutes before the Hotcopper email was sent around. Looking like it has some potential. Agree with you Tosspot, hardly anything happening here!

[baller18]

Awesome work tosspot!

[soulman]

SYR at nearly $1 BIL cap?? Pretty impressive for an explorer.

Like TON and SYR, we got today AXE, MGY, GBE, BUX and MZM all going strong in the GRAPHITE theme.

Any others out there going strong in the GRAPHITE sector?

[tosspot]

SYR at nearly $1 BIL cap?? Pretty impressive for an explorer.

Like TON and SYR, we got today AXE, MGY, GBE, BUX and MZM all going strong in the GRAPHITE theme.

Any others out there going strong in the GRAPHITE sector?

TNG coming out of trading halt on monday for an oftake agreement.

TLG on a super run like the rest.

MTA has doubled in a very short time and is very near to TON and SYR location.

[Mothman]

Thanks for the heads up. Got in on the open Friday at 58.5, happy to be on the train for a speccy play!

[milt1968]

Looks like it has the potential to go off with a bang on Monday, cannot wait. Debate as to how far below TON is to SYR. Proposed Glencore takeover of $2b got everyone hyped this week, before being dampened by SYR

[baller18]

Profit taking??

[milt1968]

I am in for the long term. Plenty of announcements due in the next 6 months, cant wait for some great news

[Aotea]

Im in with TLG, higher grades, large resource with plenty of scope for increase. Interesting gold tenements and some iron.

[baller18]

SYR, BBR, KNL, LMB, GRK, anyone in any of these?

[baller18]

Im in with TLG, higher grades, large resource with plenty of scope for increase. Interesting gold tenements and some iron.

TLG's market cap is only a third of TON's, might take a punt...

[baller18]

Thoughts on the CR?

[milt1968]

GMP Securities apparently.. Talk of 10mill at approx 50c...

Has the potential to curb the volatility and provide a nice base SP but we will see.

Announcement Thur/Fri

They had $4mill at the end of March.. It was kind of expected, im not worried that its now. Hopefully a successful CR will give them the opportunity to really go hard on the drilling etc. Interesting to see when the current drilling results are due. Overdue. Usually on a Mon but you never know..

[milt1968]

Onwards and upwards! Huge new announcement this morning, trading resumes. DD results on the way within the next couple of weeks.

[baller18]

definitely looking good!!!

[baller18]

Looking like it will blast through $1 dollar soon, after CR this has taken off!!!

[milt1968]

Close up 27%

[milt1968]

Must admit I am interestered with all the talk of this company and reading the research reports and drilling grades. Shall make a decision after CR and see what price we get as it calms down a bit (missed the boat and all!). If 50 cents is the CR price I suggest some take profits off the table to re-buy more later, CR prices always act as targets short term for the share price!

Depends when they release the DD drilling results..

If its anytime soon ,with some good news,we may not see anything close to the CR price again!

[baller18]

Not really moosie, syr had a cr, never retraced and blast through to new highs.

[baller18]

is anyone in KNL? Thoughts would be much appreciated!!

[soulman]

USD$20 mil for the other 40%. A bit steep? or a bargain?

TON running on steam train. Bound to cool off. Certainly one to watch. Well done boys!!

[baller18]

killing myself right now, was putting an order yesterday for 33 cents then had no time to finish off my order due to work!!!

[soulman]

killing myself right now, was putting an order yesterday for 33 cents then had no time to finish off my order due to work!!!

Here they go again after a morning low of 73 cps. KNL was a missed opps. The sector is going for another ride today. Not so the Aust sector (AXE,MZM,BUX, any others?), just the African ones.

[baller18]

Going to breakthrough one buck real soon

[baller18]

Way too much interest in this stock. The volume goin through is insane

[soulman]

Way too much interest in this stock. The volume goin through is insane

KNL up nearly 30% today.

2 small cap getting some attention in MGY and MTA. MTA was a classic sell-off at near closing time. Both are cap at small levels.

[milt1968]

Neither KNL nor MTA have anywhere near the potential as TON IMO

[soulman]

Is HC alive with small cap miner ramping? Everything in the sector is exploding. WTF is going on?

I sense that MTA will be played well, like their peers. The smaller they are, the easier for them to be moved.

TON is getting a bit heavy. Bots might turn the other way soon. Greed is good, greed is right but even one cannot resist taking profits.

Moosie, a few woke up today, with GBE (I thought the most undervalued due to their $20 mil cash) and MGY (capital raising might be on their cards soon) the front runner, along with KNL.

The aussies MZM, BUX, and AXE hardly have any action. Maybe next week.

[croesus]

Nothing Junior about SYR and TON..
they currently hold about 70% of the Worlds known resource.

Trust you jumped on to TON a Cpl of months ago when they were 9c... closed at 86c yesterday.

Will be $3 ... in a year... trust me !

[baller18]

In ton for the medium to long term. Momentum play with the others, then hopefully free carry!!

[baller18]

Anyone in here in grk? Grk are going to be active in the spots knl has as well, prob wont be as good as knl but not even a cent!!!

[croesus]

Thanks Baller18.
Hadnt heard of GRK,,

have a look at SLK... also.

Will research Green Rock ..

chin chin

[baller18]

Thanks Croesus.
slk as sealink limited?

[croesus]

Sorry, I meant to type SLT.

Has a decent holding in MTA ( Metals of Africa )

[milt1968]

Currently trying to decide whether I should jump in on another one. Thinking I am a little late on KNL, potentially will look into MTA or GRK.

Exciting times.

[Aotea]

Why not TLG?
Low sovereign risk in Sweden, close to infrastrcuture, mining friendly and 7.6Mt at 24.5% TGC (plus interesting gold tenements and dull iron tenements)..highest grade graphite resource globally
Only 8% of strike in tenement drilled
125M shares on issue.
My money is on them to shine in the graphite/graphene sector

[tosspot]

My moneys currently on TNG, MOU signed with Hyundai better than most other of these plays in terms of real world application, and execs in Asia this week for further talks.

[milt1968]

Hurry up Ann!!!

[baller18]

Yes look at knl!!!! Kicking myself harder!!!

[bowser]

TLG performing very well today =D

[milt1968]

My prediction for TON on 31st December 2014 -

$2.87

[soulman]

Yes look at knl!!!! Kicking myself harder!!!

Don't look now unless you bought a few yesterday on the down low. :)

[baller18]

Don't look now unless you bought a few yesterday on the down low. :)
Damn good stuff soulman! Took a punt with GRK today...

[soulman]

That's a good gamble.

[baller18]

Strong volume has been going through with GRK.
Good volume going through at 0.6.
Yesterday GRK ahd the largest volume for microcaps traded on the asx
0.006 wiped!

[soulman]

TON getting the jack hammering. Might be time for a bottom up trade.

All sectors getting the profit taking syndrome with the touch of loss taking from punters that bought at the top. KNL copping it as well today.

All the money has been re-directed to MTA today.

[milt1968]

Maybe some potential for a change in the Top 20 shareholders?

Seems like from inside the company they are very confident.

Im not too phased about the drop.

[croesus]

Agree Milt... when they prove their resource... on a mkt cap basis compared to SYR ... TON should be $3 approx...

[soulman]

Agree Milt... when they prove their resource... on a mkt cap basis compared to SYR ... TON should be $3 approx...

You guys sound like me when I was younger. Rookies!

Just because SYR is worth X amount does not mean a different coy with the same amount of resource will be the same. The market is irrational. They will punish you for being incompetent. Losses will be your tuition fees and you will continue to learn until you get it right or go broke.

Right now TON and SYR are just a bunch of specs play. Good luck though. Like I say the market is irrational. SYR at $10 and TON at $3 in 12 months time could well happen.

[JBmurc]

And back down mountain it goes hope you guys holding took your profit while they were there

[tosspot]

Im starting to feel alot better about selling at 63c on the way up. felt terrible for a few days but really goes to show how crucial timing is.

[milt1968]

Havent even been looking at the SP

This is basically my first potentially mid to long term investment on the ASX

Once the announcements start coming, they should be flowing pretty consistently

[soulman]

Have to absolutely ruthless taking profits on this kind of thing.

A) you don't know where it will go day to day as you are not the one with mass amounts of capital manipulating the price and therefore don't know when the price will plummet.

B) These things never last and it's better to be out with a profit than holding with a loss. Take those opportunities will you can in a relaxed manner instead of waiting to squeeze every last dollar out of it and panicking at the end.

C) never underestimate the other guys GREED!

Good on you for making a profit TP. For all others, my utmost condolensces.

I don't think the market like TON cash balance. The fall can also be blamed on forced selling and hence a rebound is possible again. I got a few TON in the low 50 and sold at 60, just before their Qtr. Many are getting the rootings with the likes of TLG, KNL and BUX. GBE, trading at near cash is probably the safest out of all of them. The Ebola virus in West Africa is also impacting all the graphites company operating in that region.

My pick for a rebound is the Australian graphites BUX and AXE.

[milt1968]

Latest announcement is out...

Weighted average in vanadium is 0.13 % and weighted average in graphite is 12.6%

Looking great, with more results to flow between now and the end of 2014

[milt1968]

Price at Christmas will do the talking.

[soulman]

Appears traders ain't so convinced today, down nearly 20% from highs. Might be a very large gravestone doji forming, not pretty...

There is always a bounce trade available. I got out on open today again (got lucky). TON chart does look like a classic bubble chart. 39 cents might be the next low before another bounce. But at the end of the day, TON could well be at the bottom of the chart again.

It's a zero sum game. Somebody win, somebody lose. Many have striked big on TON and many are licking the wounds, some quite deeply. I still got one holdings bought at 71.

[baller18]

What is happening here? Looks like ton could head into the 20's today! sighssss

[Xerof]

Out of curiosity I just checked the chart on this one.

You young guys would do well to google 'mining life cycle' images, and work out which part of the cycle you have just witnessed.

If you are still in, be prepared for a 5 year wait while they dilute the living hell out you for feasibility, then if you're extremely lucky, development.

If you are a trader and are still in, you've missed the boat - the speculators have left, except for the 'sponsors' on hot copper threads (you know, the noisy, wordy, minute detail, I am not selling until $xx ones who get all the thumbs up), who will try desperately to prop the price whilst they sell their residual holdings to a new set on believers.

Don't mean to sound like 'I told you so' but this is a classic ruse seen time and time again on junior mining co's on the ASX and the TSX. Great if you catch the first discovery wave, but you should try to sell before the trading halt for the first of multiple CR's comes

[soulman]

Out of curiosity I just checked the chart on this one.

You young guys would do well to google 'mining life cycle' images, and work out which part of the cycle you have just witnessed.

If you are still in, be prepared for a 5 year wait while they dilute the living hell out you for feasibility, then if you're extremely lucky, development.

If you are a trader and are still in, you've missed the boat - the speculators have left, except for the 'sponsors' on hot copper threads (you know, the noisy, wordy, minute detail, I am not selling until $xx ones who get all the thumbs up), who will try desperately to prop the price whilst they sell their residual holdings to a new set on believers.

Don't mean to sound like 'I told you so' but this is a classic ruse seen time and time again on junior mining co's on the ASX and the TSX. Great if you catch the first discovery wave, but you should try to sell before the trading halt for the first of multiple CR's comes

I for one catched the hype and am now getting the rootings (not the one with the female species :)). Not sure why the sudden spanking. TON, MTA, KNL and TLG are still profitable for those that enter at ground zero. But for BUX? WTF?? I know the Maslin family are in grieve (CEO of BUX) with the loss of their children and father, but the drop has astounded me, with the latest drilling result by far the best grade ever intercepted.

The hyped is gone. I am holding the losing baggage. "If can't spot the sucker at the poker table in the first 10 minutes, then you are the sucker" (Mike McD). I am the sucker in this game. And here comes the book of bible in trading for me re-read again.

http://spahiu.wordpress.com/2006/05/27/the-not-so-simple/

[soulman]

SM, next to none of these companies are producing, they are mere explorers. Most have taken big losses year on year. I don't know where you get the 'profitable' part of your sentence from. All hype and speculation, and now the bubble is deflating. I suggest selling soon, realising losses and moving on. Once momentum and sentiment are gone from a bubble, it will NOT go go back upwards.

To quote Rounders as well: "Mike, I learned it from you. You always told me this was the rule. Rule number one: Throw away your cards the moment you know they can't win. Fold the ****ing hand." ;)

Hiya Moosie. I mean still profitable for those that entered TLG KNL TON and MTA at sub 10 cents. Still a few bagger for them.

My best graphite trades is MGY. Sold at 6 cents and never bought back. GBE was OK. But all went for nought. A bit like playing in the casino. U win some but lose plenty. Kind of all casino execs winning strategy formula....winners stay and losers go away.

Still a lesson learned. Never overcommit yourself and always cover your arse.

Another great Rounders quote: 'You can't lose what you don't put in the middle, but you can't win much either'. Your life can be a ****ing grind'.

Moosie, whats the next hot theme?

[Aotea]

Smaller tenements with higher grades will prevail in this sector...

[baller18]

Averaging 19.6 with 25.2% intercepted!

[milt1968]

.... at 10m

Title is very misleading.

[tosspot]

its abundantly clear momentum and exuberance has left this stock. had a nice little trade and sold near open. but was very low 4 figures which is annoying. but yea now that we have a block at 48c and no announcements due for probably another 2 weeks, I can see this drifting back to mid 30s

[baller18]

only 30% of the results have be released... Lets see where the rest 70% takes us...

[BFG]

Still in trading halt waiting for maiden JORC results. It's either beung disputed by ASX (which wouldn't surprise me with all the extreme hype and over announcing over the past months) or they are now in breach of the halt limitations. Either way, it could get even uglier very soon...

[BFG]

Let the pump and dump commence!!!

[baller18]

Let the pump and dump commence!!!
Pump and dump? Are you serious? They have the largest deposit, however, the cutoff I am still trying to analyse

[BFG]

If it's such a WORLD CLASS mine why have 40M (about 13% total) shares crossed well below the all time high?

If they're AGGRESSIVELY PURSUING PRODUCTION why is there absolutely no further talk of the pathways to do so.

I can also feel a MASSIVE CAP RAISING ahead. Dilution dilution dilution.

And Mozambique? Ha!

It's a bubble that has popped. The momentum is long gone and the momo boys are having one last crack on an announcement (check out all the other graphite "juniors" today. Ouch).

You can sit on the worlds biggest deposits, but if you can't mine it's worth about a grand total of... $0.00.

Enjoy the cap raise well below all time high of 90 cents :)

[BFG]

The amount of blatant ignorance and/or ramping on Hot Copper is absolutely incredible. A deflating bubble chart overlayed with psychological cues would go nicely here.

Hope yoy bailed above 40 baller, the whole sector is going back to whence it began. It may have its time eventually, but 2014 is definitely not the year.

[baller18]

The amount of blatant ignorance and/or ramping on Hot Copper is absolutely incredible. A deflating bubble chart overlayed with psychological cues would go nicely here.

Hope yoy bailed above 40 baller, the whole sector is going back to whence it began. It may have its time eventually, but 2014 is definitely not the year.

Hey Moosie, I haven't bailed yet, however, this stock is the definition of a YOYO stock!
Welcome back Moosie!!!!!!!!

[BFG]

Hey Moosie, I haven't bailed yet, however, this stock is the definition of a YOYO stock!
Welcome back Moosie!!!!!!!!

Cheers. I seriously suggest you bail though. It's only going to get uglier as the bubble implodes further. I hope for your sake you get one more crack at selling at a higher price (and I REALLY hope your buy price is much lower than current SP!).

[BFG]

TON sub 30 cents.

KNL sub 20 cents.

TNG announces a good HOA and promptly gets massively sold down after a very brief spike.

This bubble sector with absolutely 0 production is doomed to a very slow and painful death back to original prices at the beginning of the year before the hype really got going.

[BFG]

TON heads down to 25 cents as scoping study reveals CAPEX for Nicanda Hill which is higher than the mCap of the entire company and that massive dilution is dead ahead. Holders fleeing thivk and fast before this comes about.

At this rate, I say back the pre bubble levels around 15 cents by Xmas. Hopr no one here is still holding the baby with no bathwater left...

[Carpenterjoe]

Anyone, had an eye on this one? Big deal signed last week. Some reports having valuations around the 90 cent mark.

[Carpenterjoe]

Ouch, Down and out. I'm lucky I only lost a day or two in research, some really hurt investors out there

https://au.news.yahoo.com/thewest/wa/a/31000921/triton-minerals-enters-administration/