Member Info for sniffer78

CRHL's market cap is still only £11.3m. The company continues to develop its assets whilst the market continues to ignore its potential value. There are 3 value components to investing in CRHL: 1) Tasmanian licences (most significant by far) 2) Galaxy Resources 3) Potential for new investment 1. TASMANIA LICENCES Crouton has covered the potential value of these licences with an economically viable mine in considerable detail. The mine is viable - Creat Group are putting forward the finance for the initial drills and the company wants to come to the market with a complete picture and some good numbers! Expecting drill results in about a month's time. Following article provides a good overview of the potential: http://www.marketwire.com/press-release/Empire-Zeehan-Zinc-Ltd-Announce-Independent-Median-Valuation-A151-Million-USD-111-Million-677135.htm 2. GALAXY RESOURCES CRHL have investment worth about £18.6m. This could go up or down in value; I expect up given that Galaxy have just made their 3rd shipment of spodumene (31,000 tonnes) and have their Lithium plant in its final stage of development in Jiangsu. Demand for lithium is growing: just type lithium into google news and you will see lots; including in relation to the Nissan plant in Sunderland which was in the news yesterday. Workings for Galaxy investment value calculation: GXY share price (0.74) * GXY shares owned by CRHL (38,091,616) = $28,187,796 Exchange rate of 1: 1.51086 Investment in GXY worth = £18,656,789 (~2.8p per share) C.f. market cap of CRHL of £11.3m (667m * 0.017). 3. POTENTIAL FOR NEW INVESTMENT As indicated by management through conversations and RNSs. Still no update. Looking forward to this one. Could be the spark which wakes the market up to CRHL

Current SP is a joke ;-) http://www.brr.com.au/event/81511/galaxy-resources-asx-small-to-mid-caps-conference-charles-whitfield-executive-director http://www.youtube.com/watch?v=A4NcjNA8SHQ

http://www.galaxyresources.com.au/documents/DocGXY200-GalaxyCompletesThirdShipment120104.pdf

Next Shipment leaves 5th Jan so should get update week after, lots of updates to come from both CRHL and GXY over next few weeks ;-) http://www.byport.com.au/shipping/shiplist.htm

http://www.bonzle.com/c/a?a=p&x=145.398&y=-41.838&w=40000&h=40000&i=554&j=554&p=308208&pp=308208&fc=1&mpsec=0#map http://www.prnewswire.com/news-releases/high-grade-drilling-results-from-melba-flats-project-56870952.html http://www.investegate.co.uk/Article.aspx?id=201110200930015358Q

Zinc readings ranged 61.0% Handheld XRF readings were taken in the zone with traces of lead noted. http://www.investegate.co.uk/Article.aspx?id=201111220700205252S

If anyone has read Company results you will find this, CRHL taking there time in putting news out till next year IMO. Tenth Legion Magnetite Resource looking to be on the way in new year ;-) In order to establish a magnetite resource it is necessary to analyse for magnetite which is planned for next year using the Davis Tube Recovery (DTR) analytical method and using 2m composites taken from the drill core. A determination of the optimum grind-size for the DTR testing will also be undertaken. A decision will then be made as to what the end product will be: iron feedstock for smelting, or a dense medium separator in the coal washing business

I agree looking like 2012 will be CRHL and Galaxys year ;-)) and BMR ATB ;-))

High quality global journalism requires investment. Please share this article with others using the link below, do not cut & paste the article. See our Ts&Cs and Copyright Policy for more detail. Email ftsales.support@ft.com to buy additional rights. http://www.ft.com/cms/s/0/2df8d4be-1aa3-11e1-ae4e-00144feabdc0.html#ixzz1g46nWN3j RIT Capital Partners, Lord Jacob Rothschild’s investment trust, has seen its assets under management decline as it announced plans to step up investments in corporate loans and assets that will be sold by distressed banks. The London-listed fund’s share price fell almost 3 per cent to £12.69 after it reported a 9.6 per cent drop in its total net assets to £1.794bn in the first six months of its financial year, which started in April. More On this story Rothschild drawn to outbound Chinese funds Lombard RIT’s China fund / F1 / LSE “These have been some of the most torrid markets of my lifetime,” Lord Rothschild said. “These latest results keep us ahead of the game – but it is the game itself which is unpleasant and which we are determined to address.” RIT Capital’s share price is trading at a more than 9 per cent premium to net asset value and has outperformed the FTSE World index by almost 14 per cent in the past twelve months. The group’s biggest loss in the first half of its financial year stemmed from its externally managed listed equity portfolio, which is made up of investments in equity funds in the US, Europe, Japan and in emerging markets. Mr Rothschild said the investment trust had reversed its previous focus on industrial commodities, trimmed its emerging markets investments and increased selected short positions. He added that the fund remained cautious on sterling and the euro while it had somewhat increased its exposure to the US dollar. The fund aims to invest further in corporate credit and said it was exploring opportunities in distressed assets. It said it was particularly looking at banks in Europe that might be forced to sell assets at discounted prices. RIT Capital, which is minority owned by Lord Rothschild, said its efforts to raise a $750m private equity fund from Chinese companies to invest overseas was progressing well. “This landmark fund is expected to close by year-end,” it said. While there are scores of private equity funds that invest domestically, RIT Capital’s vehicle is one of the first to gain regulatory approval to raise capital for investments that help Chinese companies expanding outside of the country. It is seizing on its well-known family brand name – which is famous in China in particular for its Chateau Lafite wine – to build up the fund in a joint venture with Creat Group, the Chinese investment conglomerate. RIT Capital also announced that Jonathan Kestenbaum had joined J. Rothschild Capital Management, the trust&#

http://www.jogmec.go.jp/mric_web/koenkai/080226/breifing_080226_4.pdf

http://www.prnewswire.co.uk/cgi/news/release?id=216454 http://www.yourprojectnews.com/news_item.php?newsID=3407 http://www.investegate.co.uk/Article.aspx?id=201110200930015358Q Mebla Flats so looking forward to some drill hole results ;-)) http://www.investegate.co.uk/Article.aspx?id=201111220700205252S The futures bright the furures CRHL ;-))

Come on you carn't expect others to do your research, info is all there if you take the time to look. CRHL'S nice to see a bit off blue, seem to be a pick up in trades in last 2 weeks roll on drill results and Tenth Legion update GLA ;-)

Great bit of news, Galaxy SP has dropped lol i feel a few ii's will be filling there boots after this news, i'm looking forward to Melba flats drill hole results and more Tenth Legion Data ;-))

What happened there lol computer not playing today, ;-)

http://www.iii.co.uk/level2_login

http://www.investegate.co.uk/Article.aspx?id=201112051350123609T

http://www.prnewswire.co.uk/cgi/news/release?id=216454 http://www.yourprojectnews.com/news_item.php?newsID=3407 http://www.investegate.co.uk/Article.aspx?id=201110200930015358Q Mebla Flats so looking forward to some drill hole results ;-)) http://www.investegate.co.uk/Article.aspx?id=201111220700205252S The futures bright the furures CRHL ;-))

I wonder who has ben looking at Averbury ;-)) http://www.mmg.com/en/Our-Operations/Other-Operations/Avebury.aspx The Avebury nickel project is located on the West Coast of Tasmania, Australia. During 2010, the operation was on care on maintenance as we commenced extensive technical investigations and studies to ensure sustained economic viability of the operation into the future. The review included technical analysis of geology, mine planning, process plant engineering and metallurgy, in addition to surface drilling work. The results of this are being analysed in combination with near-mine exploration results, economic modelling and the company’s internal long-term commodity price forecasts. During 2011, the company received interest from other potential partners and operators with a stated interest in the mine. As a result, the company is conducting a formal expression of interest process for participation in, or potential sale of, Avebury. Meanwhile, we are continuing to develop a comprehensive restart and operating plan for the mine and continuing to model the economic benefit and strategic impact of operating it under our ownership. We will consider all proposals to develop or acquire Avebury and believe this will increase the likelihood and accelerate the timing of the mine being re-commissioned in the medium-term http://www.mmg.com/en/Our-Operations/Other-Operations/Avebury.aspx http://www.mmg.com/en/Our-Operations/Mining-operations/Rosebery.aspx http://www.mmg.com/en/Our-Operations/Exploration.aspx

Next Friday is the big day for the markets, i hope leaders have a nice big surprise for the markets, and FEDS meet the following week, if euro outcome is good then FEDS will do some QE the next week imo. Back to CRHL well well Melba Flats i'm very excited about these drill holes, The Company also has planned drilling at the Boss Prospect near the Comstock deposit, where there are known JORC lead and zinc resources. 7 holes are infills and 2 are new exploration holes. Creat Resources General Manager Allan Branch said, "Our geologists worked extensively this last few months to review the historic data and our own previous drilling results. This drilling strategy provides the CRHL geological team with a significant opportunity to appraise the prospectivity for lead, zinc and silver mineralization. We are aiming to extend the lead-zinc mineralization in the Comstock area to the east and west respectively, but also to explore further the potential for nickel resources in two high nickel anomalous areas in Melba Flats and Tenth Legion." nickel-copper-gold-platinum are found in Melba Flats ;-)) also Allegiance Mining NL working in that area so fantastic chance for JV later on ;-) Allegiance Mining NL, a nickel mining company, engages in the exploration, evaluation, and development of nickel sulphide deposits in Tasmania. The company’s properties include Avebury Nickel Project located near Zeehan in the mining province of West Coast; and Regional Nickel Exploration in the west coast region of Tasmania. It also holds interests in Burbank prospect consisting of nickel-zinc anomalous rocks; and deposits of nickel-copper-gold-platinum group metals at Melba Flats. In addition, the company holds interests in Nymagee Copper Mine; and the East Renison area, which lies 15 km north of Zeehan between the Renison and Rosebery Mines, for the deposit of lead-zinc mineralization. Allegiance Mining NL was founded in 1997 and is headquartered in Sydney, Australia. As of May 16, 2008, Allegiance Mining NL operates as a subsidiary of Zinifex Australia Limited

ZEEHAN ZINC NOW CRHL ;-)) http://www.youtube.com/watch?v=P_-UeA8Dk8M just look at what is in place already that was 2008 ;-)) http://www.youtube.com/watch?v=MluNmu5Evg0 Zinc now over $2000 per tonne ;-)) http://www.youtube.com/watch?v=kxhQXisNUZA average grade of Zinc 6% 800,000 tonnes per year ;-) http://www.youtube.com/watch?v=05d791VVDno http://www.youtube.com/watch?v=Rk5U98n13FI http://www.youtube.com/watch?v=wFC4Yf9Nll4 http://www.youtube.com/watch?v=7Cft4HLF0mY http://www.youtube.com/watch?v=Pm-lQveBzmE http://www.youtube.com/watch?v=8BO3aXwzRWI http://www.youtube.com/watch?v=jtBZXvQ6rMg Galaxy stake of 11.8% worth 3p alone SP is a joke at the moment GLA ;-)