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The outlook for the metal used in packaging and transport remained positive, analysts said. “Aluminium demand is not unlikely to grow at the same rate as last year, 20 percent. Even though last year is was growing from a very low base,” Major added. Aluminium was at $2,707 from $2,672 and battery material lead was at $2,850 from $2,790. Tin was at $32,823 from $32,550 while zinc, used in galvanizing was at $2,499 from $2,453 Thursday's close. Nickel was at $27,510 from $26,800. - Reuters

The secondary targets at the Tenth Legion Project are tin and tungsten enriched zones within the magnetite mineralisation. CRA Exploration P/L drilled for tin within the magnetite at Tenth Legion in the early 1980's and reported an exploration target of 500,000t to 900,000t of 0.25% to 0.5% Sn (MRT report TCR 82-1884). http://tungsteninvestingnews.com/895-tungsten-price-pushes-to-historic-highs.html http://www.fastcompany.com/1744173/apple-intel-stop-using-conflict-minerals http://www.iol.co.za/business/markets/commodities/tin-hits-record-high-at-32-950-1.1054312 Copper rose about 2 percent to its highest in a month on Friday as market sentiment improved with investors focusing on expectations of increasing demand. Amid a broad rally in the metals complex, three-month tin on the London Metal Exchange hit a record high of $32,950 a tonne, lead a three-year high of $2,861.75 and aluminium its highest since September 2008 at $2,708.50 a tonne. Three-month copper on the London Metal Exchange was $9,839.75 per tonne at 11:52 SA time, up from a close of $9,670 on Thursday, when it shrugged off another powerful earthquake in the north-east coast of Japan. Earlier, it touched its highest in more than a month at $9,869.50 a tonne, getting closer to a record high of $10,190 hit on Feb.15. “Positive sentiment is feeding through. Technical levels have been broken. A weaker dollar is also supporting copper,” said Daniel Major, analyst at RBS. “Investors' money is coming back into the sector after a risk aversion period.” Violence in Libya, political unrest in North Africa and the Middle East, and March 11th earthquake and tsunami, followed by a nuclear crisis in Japan had hit consumers confidence and affected commodities perceived as risky such as base metals. But now investors are betting once again on industrial metals, looking at expectations of high demand growth and supply deficit for metals such as copper. A weaker U.S. dollar was also supporting industrial metals. The euro rose to a 15-month high against the dollar on Friday, staying well-supported in the wake of a euro zone rate hike, while the prospect of a U.S. government shutdown pushed the dollar lower across the board. CHINESE DEMAND Inventories of copper on the London Metal Exchange rose 1,800 tonnes to 444,175 tonnes, their highest since July 2010, latest data showed. A relentless growth since mid December raised some concerns about waning demand. However, a 4.8 pct fall from last Friday in copper inventories in warehouses monitored by the Shanghai Futures Exchange eased some concerns. “We have seen a decent outflow of stocks in Shanghai. It would suggest that post Chinese New Year buyers are coming back into the market,” Major said. Inventories of aluminium in Shanghai fell slightly this week and on the London Metal Exchange fell 2,700 tonnes to 4,581,775 tonnes, latest data showed.

100k 50k buy false drop lets hope news is looming ;-))

http://www.rttnews.com/Content/UKNews.aspx?Id=1587696&SimRec=1&Node=

Great work ;-))

http://www.mineralnet.co.uk/MarketTracker/197199/Lithium.html?id=LI-C,LICA-C

http://tungsteninvestingnews.com/895-tungsten-price-pushes-to-historic-highs.html http://www.resourceintelligence.net/tungsten-prices-and-information-for-tungsten-investors/17104 http://www.proactiveinvestors.co.uk/sponsors/7823/north-american-tungsten-7823.html

The result has been a large divergence between apparent consumption data and indicators of underlying demand. We believe this gap will be closed primarily through a rebound in imports and refined production. Recent draws of non-bonded SHFE stocks may be the first sign that this transition is already underway," Credit Suisse said. Investors will pay attention to a European Central Bank meeting later in the day, which was widely expected to raise interest rates by 25 basis points from a record low 1 percent to curb inflationary pressures. Investors will also scrutinise the language for signs of further policy ratcheting, which could knock countries on Europe's periphery including Spain, Portugal, Greece and Ireland which are already contending with high debt level and austerity measures. Tin rose $100 or 0.3 percent to $32,200 or about a dollar per troy ounce, trading just below its record high of $32,799, struck in mid-February Technically, the market looked very bullish, set to rally by another 10 percent in the next two months. Tin, up 20 percent so far this year and the strongest of the base metals, may be in the fifth wave of a five wave cycle, which based on a Fibonacci projection could target $36,000. Base metals prices at 0704 GMT Metal Last Change Pct Move YTD pct chg LME Cu 9590.00 -15.00 -0.16 -0.10 SHFE CU FUT JUN1 71690 210 +0.29 -0.22 LME Alum 2681.00 11.00 +0.41 8.54 SHFE AL FUT JUN1 16835 05 +0.03 -0.03 HG COPPER MAY1 436.25 -0.75 -0.17 -1.73 LME Zinc 2438.25 -11.75 -0.48 -0.64 SHFE ZN FUT JUN1 18545 -35 -0.19 -4.78 LME Nickel 26750.00 325.00 +1.23 8.08 LME Lead 2798.00 -22.00 -0.78 9.73 SHFE PB FUT SEP1 19075 -145 -0.75 3.95 LME Tin 32200.00 100.00 +0.31 19.70 LME/Shanghai arb 1741Shanghai and COMEX contracts show most active months^ LME 3-m copper in yuan, including 17 pct VAT, minus SHFE third monthShanghai lead launched on March 24 (Editing by Himani Sarkar)

http://af.reuters.com/article/metalsNews/idAFL3E7F713W20110407 * Rio, Credit Suisse positive on copper; ShFE spreads tighten * Worries linger about China demand outlook; may be overdone * Tin up 20 pct YTD, could rally another 10 pct * Coming Up: ECB rate decision; 1145 GMT (Updates prices) By Nick Trevethan SINGAPORE, April 7 (Reuters) - Copper prices edged lower on Thursday in London, while Shanghai futures rose 0.3 percent, with sentiment underpinned after Rio Tinto said it expected a market deficit of half a million tonnes in 2011 and shortages through 2013. Three-month copper on the London Metal Exchange fell $15 to $9,590 a tonne by 0704 GMT. The world copper market could see a supply deficit of half a million tonnes this year and the shortage may extend beyond 2013, Rio Tinto's copper unit chief executive, Andrew Harding, said. [ID:nRTV207858] Harding's deficit view for the year is wider than the market consensus of around 400,000 tonnes and extends longer than forecasts by many other players who predict a more balanced market in 2013. "Rio have a lot of money to pay some very smart people to do this kind of analysis. You could argue as a producer they will be inclined to see markets on the tight side, but I would not bet against this assessment," said a trader in Singapore. Most executives, traders and investors meeting at a CESCO/CRU event in Santiago this week are predicting strong copper prices with volatility in coming months on fears of a further growth slowdown in top consumer China. "The first months of 2011 have seen intense questioning of the strength of Chinese copper demand. After the release of strong imports data for January, apparent consumption plunged in February, with inventories in both SHFE and bonded warehouses also increasing throughout the month," said Credit Suisse in a note. "While the weakness in the physical market is unambiguous, indicators for underlying demand have remained strong. Fixed asset investment in particular has shown robust growth, and industrial production growth has remained solid. Industry level indicators for major copper end-use sectors have also generally remained strong." That appeared to be backed up by timespreads in the Shanghai copper market, which have shown the price of prompt metal rising versus futures dates, with prompt currently near flat versus the third month, narrowing from a near-900 yuan contango in February. For a chart showing the spread between the first and third month contracts, click: here The most-active copper futures contract on the Shanghai Futures Exchange SCFcv1 rose 0.3 percent to 71,690 yuan. "The result has been a large divergence between apparent consumption data and indicators of underlying demand. We believe this gap will be closed primarily through a rebound in imports and refined production. Recent draws of non-bonded SHFE stocks may be the first sign that

Drop no buys or sells ;-)

We have are competent person Mr. Jianping He to the position of Chief Geologist, in charge of regional exploration and operations in Tasmania. Mr He has previous experience with Sino Gold, Minco Mining Corporation and Eldorado Gold Corporation. Don't forget about this one EL21 A diamond drill hole, BHD-4 aimed at nickel anomalous zones within the serpentinite body at Mount Razorback was completed during August 2010 in the northern section of EL21 for a total depth of 377m. Several zones of talc-carbonate alteration were intersected (host rock to the mineralisation at the historic Razorback Tin Mine further south). No economic intersections of nickel were encountered in the hole. PGN Geoscience, consultant to the previous tenement holder, has provided the Company with digital 3D data including ore profiles, mineralised zones, fault and structural surfaces, underground workings and various geological surfaces at the known tin occurrences at the historic Mount Razorback and Grand Prize mines within EL21. Simon Tear, resource geologist from Hellman & Schofield Consultants has been provided with this data, as well as drill hole data from Razorback Tin Mine and will commence a resource calculation, following a site visit to the old workings, in Quarter 1, 2011 I like bit The ability of the company to continue as a going concern is dependent upon the continued financial support of its major shareholder, Creat Group Co Ltd. To this extent, Creat Group Co Ltd has provided a letter of financial support to the Company whereby it has agreed to provide sufficient financial support to enable the Company to meet budgeted expenditure requirement for a period of at least 12 months from the date of this report. This support includes, but is not limited to, agreeing not to seek repayment of the GBP500,000 loan repayable at call.

Great post mate I have been in touch with various agencies working in the field - there is a vast amount of data available on Tenth Legion - in fact, there's been an extensive amount of work on the area. One agency has got back; "The deposits all fall within an area of about 500m EW and 1500m NS and are practically all (95%+) within EL30/2002 held by ZZ Exploration Pty Ltd a wholly owned subsidiary of AIM-listed Creat Resources Holdings Ltd (LSE code CRHL)." Regarding the quoted estimate of 1.5 - 3million tonnes of iron ore; "This only relates to the northern lens of the deposit" So entire, wider Tenth Legion Prospect has tonnes of potential ( pardon the pun ). As I stated earlier, previous historic work place estimates for this target at nearer 3million tonnes. But these are estimates - and the hope would clearly be that we could abolsutely confiirm these figures with the current programme. These figures were to depths of 200ft. We've been drilling to depths of over 600ft with some bore holes, with the longest drill length being 1000ft. Some of the earlier reports in some cases have been more far-fetched than what we come across on these boards! If the grade of magnetite is good - i.e. 25% or more - at the greater depths - then a sizeable proportion of the prospect will be open to levelling i.e. open cut the lot! So what are the dimensions again?! - 500m ( EW; East to West ) - 1500m ( NS; North to South ); nearly a mile - 800m magnetite body - Drilled depths/lengths; between 117m and 338, average 207m or drill length of over 600ft average. - Previous work estimates 3million tonnes at the nothern lens of the deposit, and to an estimated depth of only 200ft. [ I would be thinking about a possible upgrade - and have discussed this with people, but right now, 3million tonnes would do me! ] If it comes good then a JV - CRHL may even sell the tenement/license [ if so, I'd be expecting a windfall for shareholders ] By the way, none of this is accounted for in the SP! Who knows what we'll be getting in the results - but it better be good LOL Don't ask for too much, me { /¦ ¬; E})[><>

Be nice to climb back up to 6.75 7.25 till news, if Galaxy climbs to $1.55 1.65 we should be back there fingers crossed ;-))

set myself 10/15 days from Monday just gone for results on Tenth Legion ;-)

Yeah mate if the Goverment grant them the licence then Galaxy will be even bigger in the next 12/18 months, which is great for CRHL ;-)) http://www.lynascorp.com/ As a comparison, Lynas Corporation Mt Weld's Central Lanthanide deposit has an average resource grade of 10.70% REO+Y (Lynas Corporation web site resource statement http://www.galaxyresources.com.au/projects_ponton.shtml

Rare Earth news mate ;-)

100k buy put through as a sell IMO ;-) http://www.screencast.com/users/sniffer78/folders/Jing/media/d8fa80ab-9aa1-4724-8600-839facea2b8b

Is fantastic news for CRHL and for Galaxy of course ;-))

As a comparison, Lynas Corporation Mt Weld's Central Lanthanide deposit has an average resource grade of 10.70% REO+Y (Lynas Corporation web site resource statement We all know how big Lynas Corporation is and Galaxy have a better average resource grade, Galaxy will have a good rise over the coming weeks from this news, RARE EARTHS are massive now ;-)) http://www.galaxyresources.com.au/projects_ponton.shtml

http://www.investegate.co.uk/Article.aspx?id=201104060921003986E When they list on the Hong Kong market just thik what will happen with them now RARE EARTH ;-))