NEW BACKERS 1ST THING MONDAY.OPEN UP 2.5P

Nice statistics.

Benkala is the one where the management put a valuation off 20p on its own ...Copper resource + 'Company transforming asset'.

'We are confident of additional potential at Koskuduk and
Beschoku and look forward to implementing bulk metallurgical tests at both projects in 2009 to determine future development plans. Whilst
Naimanjal is an important near-term value driver for Frontier, we remain convinced that Benkala is a company-transforming asset. Recently
announced recovery rates of up to 65.3% of copper in oxidized ore over 70 days are very promising for the potential development of a low
capital cost heap leach and SX-EW processing operation. We look forward to the results of the current drilling and anticipate further confirmation of the existing resource'.

A prediction for Gold at $2,500 and rather higher than Citigroup's $2,000. Might coincide well with production due next year and talks currently with new investors.

January 29, 2009

Gold Takes Centre Stage At Vancouver's Mineral Round Up

'This global debasing of the currencies will propel gold much higher. John set a target of US$2,500 per ounce. On the supply side, the large-scale easy projects are all in production or mined out, he says, so a lack of supply will also drive the price. The end result will be that when gold breaks out, it will move upwards in a fast and furious fashion'.

http://www.minesite.com/nc/minews/singlenews/article/gold-takes-center-stage-at-vancouvers-mineral-round-up/1.html

All the 3 RNS's about the Proposed financing where they have signed indicative heads of terms for 9m + additional $4m being raised simultaneously at 1.50p as per the first RNS have all been announced a 7 o'clock on a Monday morning. Let's hope we receive the final agreement confirmation RNS tomorrow.

If it doesn't come tomorrow then shouldn't be too far away and would still expect interest to continue as speculation builds and further rises!

Didnt you say this was going to be announced last week yer ramping muppet?

How much you got invested this time? Guess you must be down to your last 100 considering that all of your previous ramps have failed. The easy days of Sue Helen have long since gone :)

In fairness to the company and SP, successful funding could reap a nice reward for speculators, however, for widows and orphans only. Buy if you can afford to lose your total investment.

For chancer, treacle, smiler, sue Helen I hope it goes bust!

Frontier Mining Directorate Change

TIDMFML

RNS Number : 9899M
Frontier Mining Ltd
09 February 2009

AIM: FML

Frontier Mining Ltd
("Frontier" or "the Company")

Mr. Erlan K. Sagadiev Appointed to Senior Management

Frontier is pleased to announce the appointment of Mr. Erlan K. Sagadiev as
President of Frontier, President of the Company's wholly owned subsidiary FML
Kazakhstan LLP and as Vice-Chairman of the Company's 50% owned subsidiary
KazCopper LLP, a joint venture company with Coville Intercorp Ltd. The Directors
of Frontier propose to appoint Mr Sagadiev to Chairman of the Board of Frontier
upon completion of regulatory approvals.


Mr. Sagadiev, 41, graduated from Kazakhstan State University and Oberlin College
in Ohio in 1988 and received a Masters degree in Agricultural Economics from the
University of Minnesota in 1993. Between his undergraduate and graduate degrees,
Mr. Sagadiev worked in the Department of Foreign Economic Relations at The
Ministry of Foreign Affairs in Kazakhstan. In 1992, while obtaining his graduate
degree he also completed internships with the World Bank and United Nations.


In 1994, Mr. Sagadiev formed FoodMaster International ("FoodMaster"), buying a
bankrupt Kazakhstan dairy in privatization. After its formation, FoodMaster grew
and attracted capital from private equity investors in 1997 adding additional
dairies in Kazakhstan as well as in Moldova and Ukraine. FoodMaster grew to be
the largest and most successful dairy in Central Asia with dominant market share
in Kazakhstan and Moldova, and significant share in Ukraine. In 2004 the
business was successfully sold to a major European dairy company.


After the sale of FoodMaster, Mr. Sagadiev went on to form Zere Group, a company
he controls and owns together with existing management. Zere Group is a
Kazakhstan-based holding company engaged in mining, oil & gas, education and
other entrepreneurial developments. Mr. Sagadiev is well respected as a capable
and responsible developer of Kazakh businesses whose economic advice and insight
is sought by both private business and government officials on a regular basis.


Brian Savage, Chairman and Chief Executive Officer, of Frontier commented; "I am
delighted that Erlan has agreed to lead the in-country management team at
Frontier. In addition to his experience and through understanding of doing
business in Kazakhstan, Erlan has proven his ability to successfully manage and
grow companies and I look forward to his surely valuable contribution to
Frontier."


Adil Tastanov, Coville Intercorp Ltd. and Benkala project founder commented "We
are excited about the appointment of Mr. Sagadiev not only to Frontier, but also
to FML Kazakhstan and KazCopper. He is a prominent and experienced international
businessman and will be an excellent addition to the Benkala project and future
strategic opportunities."

Ends

Excellent news out about new managment appointment which was forthcoming as per the RNS on 22nd Dec. Every reason to believe the two remaining discussions on funding and acquisition are also progressing well and news on them shouldn't be too far away.

Monday, February 09, 2009

Frontier Mining appoints Erlan K Sagadiev as president

Frontier Mining Ltd appointed Erlan K Sagadiev as president of Frontier, president of the its wholly owned subsidiary FML Kazakhstan LLP and as vice-chairman of the company's 50 percent owned subsidiary KazCopper LLP, a joint venture company with Coville Intercorp Ltd.

Frontier also proposes Sagadievs appointment as Frontier chairman upon completion of regulatory approvals.

Sagadiev has worked in the Department of Foreign Economic Relations at The Ministry of Foreign Affairs in Kazakhstan. In 1992, while obtaining his graduate degree he also completed internships with the World Bank and United Nations.

In 1994, Sagadiev formed FoodMaster International, buying a bankrupt Kazakhstan dairy in privatization. The company grew and attracted capital from private equity investors in 1997 adding additional dairies in Kazakhstan as well as in Moldova and Ukraine. In 2004 the business was successfully sold to a major European dairy company.

After the sale of FoodMaster, he went on to form Zere Group, a company he controls and owns together with existing management. Zere Group is a Kazakhstan-based holding company engaged in mining, oil & gas, education and other entrepreneurial developments.

Brian Savage, chairman and chief executive officer, of Frontier commented: I am delighted that Erlan has agreed to lead the in-country management team at Frontier. In addition to his experience and through understanding of doing business in Kazakhstan, Erlan has proven his ability to successfully manage and grow companies and I look forward to his surely valuable contribution to Frontier.

http://www.proactiveinvestors.co.uk/companies/news/4328/frontier-mining-appoints-erlan-k-sagadiev-as-president-4328.html

Keep on ramping muppet

By Dylan Lobo | 00:01:00 | 14 February 2009

Rising gold price

BlackRock gold specialist Evy Hambro expects the gold price to rise on the back of a fall in production of the precious metal this year.

Hambro, who manages BlackRocks popular World Mining and World Gold funds, said gold is currently benefitting from the global turbulence. A gold bar is nobody else's liability and is often reached for in periods of political and economic uncertainty. Gold is a natural place for people to turn to in these times, when assets such as mortgage backed securities, that were regarded as ultra safe 18 months ago, have turned out to be anything but.'

The gold price is currently hovering at around the $900 per troy ounce mark. Hambro sees this swelling as production problems mean demand gold fails to be met.

Over the medium to long term the underlying supply and demand fundamentals have a bigger part to play in determining the price. Gold production fell last year and may fall further in 2009. This is partly due to the lack of exploration success by the gold mining industry which discovered 15 million ounces last year, compared with production of 80 million ounces, Hambro said.

http://www.mrscohen.com/personal/-/news/markets-companies-and-funds/content.aspx?ID=329438

FLYING AS HIGH AS ICARUS
The gold:silver ratio - pointing to higher prices all round?
Silver defies its fundamentals in maintaining a price ratio which relates to gold and the movement in this is taken by many silver investors as a guide to forward prices.

Author: Rhona O'Connell
Posted: Friday , 13 Feb 2009

'Silver's outright fundamentals do not justify prices at these levels, but for as long as the market retains its bullish stance and investors keep coming for the metal then any industrial surplus this year stands a good chance of being absorbed and when investors like the look of gold, some of them will like the look of silver even more. This metal is, however, flying almost as high as Icarus and when that ratio starts to rise, then silver speculators had better be watching very closely'.

http://www.mineweb.com/mineweb/view/mineweb/en/page32?oid=78388&sn=Detail

The previous 3 RNS's have come at 7 o'clock on a Monday morning and with 4 weeks gone since the 18th of January deadline I have high hopes for the RNS to come through finally tomorrow morning. Especially with the new board appointment at the beginning of last week which was going to coincide with conclusions on funding & acquisition according to first RNS back on 22nd December 2008.

d/T28
we have some nice gold/silver charts on here. could you please post us a chart of the stock in question i.e FML it would be most appreciated.
many thanks
regards
jkd

2 Year Chart:-

New high close for Silver on Friday, on current uptrend which began before Christmas, Gold reserves calculated at $600 and Silver at $12:-

crikey
that was quick.
any chance of better one? one that can be read a bit easier?
hope your as quick.
many thanks
regards
jkd

1 Year Chart

i might be pushing my luck here but.. any chance of a 6 monthly?
ta
regards
jkd

6 Month Chart

. Topped up a few more and hold 1.20 million now. IMO 1.50-2.00p is very near and hopefully this week. Drilling news on Benkala and other projects is also expected.

'Johnston. FML paid $20 mil for the 50% JV in the Benkala copper mine. This equates to 14 mil. At todays close the mkt cap is a ridiculous 1.5 mil.

The focus will now be news on the mine. See last update on the mine circa Oct 08.

FML has secured it's future, the price should recover from here on in. Should see a retrace back to 5p at least. Remeber FML have gold/silver assets too. And we all know what's happened to the gold prices recently'.