Member Info for sniffer78

Has 7.56% investment in Galaxy Res http://www.galaxyresources.com.au/ http://uk.finance.yahoo.com/echarts?s=GXY.AX#symbol=gxy.ax;range=2y;compare=;indicator=volume;charttype=area;crosshair=on;ohlcvalues=0;logscale=off;source=undefined; CRHL GXY share price (0.62) * GXY shares owned by CRHL (38,091,616) = $23,616,801 Exchange Rate of 1: 1.55508 Investment in GXY worth = £15,186,872 (2.3p per share) C.F Market Cap of CRHL of £3.86m (667m * 0.58)

IMO CRHL will take out Galaxy two directors have stepped down from CRHL and are still on the board of Galaxy. Galaxy sp has been walked down something brewing imo

http://www.abc.net.au/news/2012-04-18/wa-company-cashes-in-on-lithium-demand/3959226

Galaxy, which sells to customers including Japan’s Mitsubishi Corp. (8058), is positioning itself for what Tan describes as potential “hockey stick-shaped” growth in demand for lithium batteries. It has built a A$100 million ($102 million) lithium carbonate plant in China to better serve Asian customers and made the first sale from the operation last month. Galaxy is seeking to complete an all-share takeover of Lithium One Inc. (LI) valuing it at about C$112 million ($110 million) to add the Sal de Vida project in Argentina. “The outlook for lithium is very strong in light of some of the uncertainty of other metals such as copper and many of the industrial metals,” Byron Capital’s Lee said. “Lithium has grown roughly at 10 to 15 percent over the past two years on a per-annum basis. We’re having another strong year this year.” To contact the reporter on this story: Jesse Riseborough in London at jriseborough@bloomberg.net

Should start motoring over next few weeks, CRHL will ride the wave ;-) also CRHL have lots of updates to follow once Galaxy SP is bullish imo ATB http://www.heraldsun.com.au/business/in-the-black/electric-cars-are-set-to-spark-a-lithium-boom/story-e6frfinf-1226403515611

The Company believes the Tenth Legion Project has potential to produce Direct Shipping Ore (DSO) with grades of around 60% Fe, as well as a beneficiated magnetite product. (Direct Shipping Ore is defined as ore containing around 60% or more Fe. Beneficiable magnetite is defined as ore which may contain as little as 25% iron, but which is upgradeable to around 60% Fe using separation techniques). Results Approximately 4,900 metres of the planned 5,000 metre diamond drilling programme has been completed at Tenth Legion, comprising a total of 22 diamond drill holes. A 3D section review of the drilling on the deposit has indicated the current likely dimensions of the northern body of magnetite mineralisation to be a strike length of 500-600m, with a width of 20-40m and an interpreted down-dip extent of 120m

Tenth Legion update July 2011 http://www.investegate.co.uk/Article.aspx?id=201107261312260949L Creat Resources Holdings Limited (the "Company") (AIM: CRHL) is pleased to provide the following update on progress at Exploration Licence 30/2002, Western Tasmania. Highlights · Drilling program completed at Tenth Legion · Zinc enriched zones intersected within magnetite including: o 10m @ 4.3% Zn from 225m in hole TLC35 o 15m @ 2.65% Zn from 166m in hole TLC36 o 5m @ 4.02% Zn from 91m in hole TLC30 o 33m @ 2.09% Zn from 38m in hole TLC33 o 7m @ 1.64% Zn from 201m in hole TLC37 o 1m @ 17.89% Zn from 82m in hole TLC31 · A 400m strike length magnetite-zinc exploration target is proposed based on recent results from TLC33 building upon the results of holes TLC35 and TLC36 Next Steps · Analyse 2m composites of selected drill core for magnetite using Davis Tube Recovery (DTR) testing. · Build 3D model as preliminary to calculating magnetite resource. CRHL Chief Operating Officer Rex Chow said: "We are greatly encouraged by this attractive exploration target, though it took longer than expected to secure the results. It underscores our commitment to continuing exploration efforts in Western Tasmania as we continue seeking expansion opportunities internationally Tenth Legion April 2011 http://www.investegate.co.uk/Article.aspx?id=201104120700057110E Highlights · Drilling programme nearing completion at Tenth Legion · Zinc enriched zones intersected within magnetite including: o 10m @ 4.3% Zn from 225m in hole TLC35 o 15m @ 2.65% Zn from 166m in hole TLC36 o 5m @ 4.02% Zn from 91m in hole TLC30 · A 350m strike-length magnetite-zinc exploration target is proposed based on results from TLC35 and TLC36 Next Steps · Complete drilling programme and assaying of all drill cores · Analyse 2m composites of selected drill core for magnetite using Davis Tube Recovery (DTR) testing · Build 3D model as preliminary to calculating magnetite resource Introduction The Tenth Legion Project is located west of Zeehan on Tasmania's west coast. The location is ideal for mining given that the area is well serviced by power, water, transport, infrastructure and mining services. Magnetite mineralisation crops out in the Tenth Legion project area. Early work by the Tasmanian Mines Department (MRT report UR1940_001-14) identified a magnetite- exploration target at the Tenth Legion Prospect of 1.5-3.0Mt @ 60-68% Fe with low levels of deleterious elements. The Company believes the Tenth Legion Project has potential to produce Direct Shipping Ore (DSO) with grades of around 60% Fe, as well as a beneficiated magnetite product. (Direct Shipping Ore is defined as ore containing around 60% or more Fe. Beneficiable magnetite is defined as ore which may contain as little as 25% iron,

lots of news to come for CRHL, Galaxy Merger has been passed and court should give the nod on 26th June. So anytime after next week CRHL could get a long awaited RNS. Tenth legion JORC update, JV update, drilling update ATB

CRHL have carried out alot of drilling over last 24 months, also i would be shocked to see The Creat Group to write off 30+ mill. I'm thinking all this drilling was to prove up resources and sell to the highest bidder imo, why would you carry out all this drilling then shut up shop lol. Don't for get we have a good strike of iron ore at 60% FE, Also we have great grades of Zinc. We could also get update on JV after Galaxy merger is done in 7 days, JV imo could well be with Stellar Resources, doubt always creeps in when SP drifts and drifts and markets are really bad. Also 2x 3.3 mill buys last week someone thinks CRHL has a future. Something to read again § Discussions towards potential joint ventures regarding the Razorback Project (EL21/2004) Management Comment and Outlook Dr Zheng Yuewen, Executive Chairman & CEO, commented: "The exploration results in 2011 bolstered our confidence about prospects of commercial value in the region. Entering into 2012, we are committed to continue delivering our exploration programme and at the same time, pursue exciting new joint venture opportunities with a number of leading mining companies. It has always been our goal to develop the exploration programmes in the Western Tasmania in a highly efficient and environmental friendly manner. To this end, we have been working closely with the Mineral Resources Tasmania ("MRT") with regards to our renewal of licences and recently strengthened our management team with the appointment of a number of experienced professionals. We are also pleased to have Creat Group's commitment to assist us in achieving our working capital forecast through to 31 March 2013. As a part of our dual strategy, weare also pleased to see that in the last two years, our key strategic investment, Galaxy, has progressed steadily from a green field site to its completion of construction at both Mt. Cattlin and Zhangjiagang. Galaxy, which has a vertically integrated plan to service the increasing global demand for clean energy power sources, now owns the second largest hard rock lithium mine in the world and the largest battery grade lithium carbonate capacity in Asia Pacific. Theseremarkable achievements are evidence of Galaxy moving to a new period of growth and development

I feel price has been driven down by a seller, news will come once Galaxy merger is boxed off in next 2 weeks. News from CRHL will probly follow few weeks after imo I think the likes of M&G Investments or Vanguard are buying up shares in Galaxy for CRHL keeping it all under the radar, if CRHL kept increasing there holding it would cause a frenzy imo.

http://www.youtube.com/watch?v=X1VgcxE9Lpw

Someone is keen http://screencast.com/t/H5i5OJz83mp0 ;-))

Going back up 9.33 to sell

Lots of buys looks solid

Seems like at no brainier after that RNS. I don't think it's been picked up on many radars yet

I don't expect any news till Galaxy merger is complete mate, so could be another few weeks.

I have been here 2 years and will be for some time, but don't you think it's unfair to bash other stocks just because walford holds. I feel this drop is a clean out before the Tenth Legion JORC and poss JV also drilling update. Along with the 10.78% stake in Galaxy res soon to be biggest supplier of battery grade lithium :-)))))))

Please tell me why this will go no where, it may drop further and I will top up. Also I am chuffed the trolls are here good sign :-))

The doc is real, and maybe this is why CRHL don't seem to be taking more shares in the 30 mil placing in Galaxy.

http://screencast.com/t/BYMFhYIxfZ http://www.ozminerals.com/ http://www.ventureminerals.com.au/projects_tas.html http://www.ventureminerals.com.au/images/tas_1_lge.jpg http://www.bassmetals.com.au/ http://www.bassmetals.com.au/tasmania_projects_.32.html http://www.metalsx.com.au/operations/tasmanian-tin/