Member Info for sniffer78

So lucky to have these as are backers, are time will come and we will be rewarded soon ;-) http://en.creat.cn/ground19.asp http://en.creat.cn/keyprinciples.asp These guys don't fook about, they know CRHL has a great future ;-)

Looking forward to are news http://www.silverinscripture.com/articles.php?id=18f from Zeehan Zinc days, we are so under valued bring on the Tenth Legion results we all crave ;-))

Physical market prices signal steady metal premiums at high levels and falling treatment charges for concentrates, Macquarie said. The metal will stay within a range of $2,000 to $2,500 a ton over the next six to 12 months, the bank said. Japan Imports A recovery in output will reduce the country’s imports of refined metal next year to the lowest level since 2002, while helping boost exports, Nakamoto said. The auto sector in Japan accounts for 50 percent of demand, followed by construction with 30 percent and electronics with 20 percent, he said. The country’s imports are projected to drop to 25,000 tons in 2012 from an estimated 77,000 tons this year, the highest level since 2000, he said. The country may export 80,000 tons to 90,000 tons in 2012, compared with an estimated 83,000 tons in 2011, he said. “If current lower prices last longer, some high-cost producers will be forced to cut output or out of business,” Nakamoto said. Production costs of about 40 percent of the smelters in the world are estimated at $1,850 a ton, he said. Nakamoto projects zinc for immediate delivery may trade in a range between $1,600 and $2,600 a ton over the next 12 months with an average price between $2,200 and $2,300. Mitsui Mining’s zinc output may increase to 116,000 tons in the six months starting from Oct. 1, up 25 percent from April to September and up 11.5 percent from the same period a year earlier, he said. The company will release its six-month output plan in early October. --Editors: Jarrett Banks, Ovais Subhani To contact the reporters on this story: Jae Hur in Tokyo at jhur1@bloomberg.net; Ichiro Suzuki in Tokyo at isuzuki@bloomberg.net

http://www.lse.co.uk/share-regulatory-news.asp?shareprice=CRHL&ArticleCode=1t9p7w1p&ArticleHeadline=Exploration_Update__Drilling_at_Tenth_Legion http://www.businessweek.com/news/2011-09-30/zinc-output-may-rise-in-japan-to-meet-post-quake-demand.html (Updates zinc price in eighth paragraph.) Sept. 30 (Bloomberg) -- Japan’s zinc output will climb in 2012 as smelters run at full capacity to meet recovering demand from the auto and construction industries after the earthquake and tsunami, amid a forecast for a global deficit. The world’s third-biggest economy is expected to produce 590,000 metric tons of refined metal next year, 8.5 percent more than 2010, said Nobuyuki Nakamoto, general manager at Mitsui Mining & Smelting Co.’s zinc business. Demand may increase 5.5 percent to 540,000 tons in 2012, he said. A gain in global demand for the metal, used to galvanize steel, may help prices recover from a 14-month low on Sept. 26 and benefit producers such as Korea Zinc Co., Nyrstar NV and Teck Resources Ltd. The metal has declined 20 percent this year. Demand will exceed supply by 106,000 tons in 2012 from a surplus of 178,000 tons in 2011, according to Macquarie Group Ltd. “Domestic consumption will rise next year for rebuilding and following a full recovery in car output,” Nakamoto said in an interview yesterday. In the three months to December, Japan’s automakers are expected to increase production to make up for losses in April to June following the disaster, he said. Production by steelmakers has recovered close to the level before the collapse of Lehman Brothers Holdings Inc. pushed the world into recession, Nakamoto said, citing the company’s recent survey in the sector. Japan was Asia’s third-biggest zinc consumer after China and South Korea in 2010, according to the International Lead & Zinc Study Group. Demand was 516,000 tons last year, 4 percent of the world’s 12.6 million tons. Supply Deficit The metal will average $2,310 a ton in 2011 and $2,425 in 2012, Michael Widmer, head of metals research at Bank of America Merrill Lynch in London, wrote in a report on Sept. 27. Widmer was the second-most accurate forecaster for the metal for the eight consecutive quarters ended March 31, according to Bloomberg data. Zinc for three-month delivery on the London Metal Exchange climbed 1.7 percent to $1,957 a ton at 4:50 p.m. Tokyo time. The market will see a deficit next year from a moderate surplus this year with solid demand from the construction sector, recent drops in refined production and declining unreported stockpiles in China, analysts at Macquarie, including Duncan Hobbs in London, wrote in a report on Sept. 26. Physical market prices signal steady metal premiums at high levels and falling treatment charges for concentrates, Macquarie said. The metal will stay within a range of $2,000 to $2,500 a ton over the next six to 12 months, the

October could well be are month fingers crossed ;-)

Mining M&A set to rebound in Asia after Q3 dip SYDNEY/HONG KONG, Sept 26 (Reuters) – Despite a blip this quarter, resources sector M&A in Asia is expected to rebound and dominate activity for the remainder of the year as China and India’s energy-hungry economies drive demand for commodities. Bankers say the transaction pipeline in the natural resources sector looks strong as North American and European-listed miners compete with emerging Asian economies for control of sought-after commodities. “With the lower activity in other sectors I expect that resources will continue to be a big driver for M&A activity in the next six months,” UBS managing director Daniel Kleijn, who advises on major resources deals in Australia, said. “Investments in mining assets are still very attractive. Commodity pricing is largely supply and demand driven and to date the balance has favoured the miners, fuelled by Asian demand.” Some $22.7 billion worth of resources deals were launched in Asia this quarter, slightly less than the $23.1 billion announced same time last year, according to Thomson Reuters data. The overall Asian M&A volume totalled $88.5 billion in the third quarter, down from $113.97 billion last year. But the outlook for resources M&A is underpinned by strong Asia demand. “While global capital markets remain cautious, M&A activity in natural resources continues,” Roger Kennedy, J.P Morgan’s Asia-Pacific head of natural resources, said. “Much of the investment continues to be driven out of Asia, as both national and private companies look to acquire long-term resources and reserves,” he added.

News could be just weeks away, so fingers crossed looking forwrd to our long awaited news ;-))

Carn't be far away from news now, it's been 8 weeks so i expect what we want in next 2/3 weeks ;-)

http://www.galaxyresources.com.au/documents/LithiumConferenceShanghaiSept2011.pdf

http://www.galaxyresources.com.au/documents/DocGXY-192GalaxyJiangsuProjectSeptemberUpdate110922.pdf

http://screencast.com/t/ot5Gx1VYOA6m http://www.byport.com.au/shipping/shiplist.htm

Creat Resources Holdings Limited ("CRHL" or "the Company") Discharge of Share Pledge Provided for Galaxy Project Finance Facility Creat Resources Holdings Limited (AIM: CRHL) announces the full discharge of the share pledge it announced on 16 September 2010 in support of a US$105 million project finance facility granted to ASX-listed Galaxy Resources Limited ("Galaxy") by China Development Bank and Austria's Raiffeisen Zentralbank Österreich AG (together, the "Banks"). Galaxy has repaid this facility, which was in place to support Galaxy's lithium carbonate processing facility at Zhangjiagang in Jiangsu Province, China, and replaced it with a loan from China Construction Bank ("CCB Loan"). Up to 19.99% of CRHL's shareholdings in Galaxy had previously been pledged to the Banks which now is fully discharged. CRHL has no obligations under the new CCB Loan. CRHL Chief Operations Officer Mr Rex Chow said: "Galaxy's repayment of the RZB/CDB facility is further good news not only in respect of its own development as a major integrated lithium producer but also for CRHL, which now has more flexibility for access to the market as and when suitable opportunities arise. As previously, Galaxy will continue to enjoy our support in building a solid position for itself, either within China or internationally, in the important lithium market." CRHL is the largest single shareholder in Galaxy, with an 11.78% stake, and CRHL's Executive Chairman Yuewen Zheng and Non Executive Director Xiaojian Ren are both Non Executive Directors on the Galaxy Board.

Galaxy Company Cash Position Galaxy said it had re-paid and refinanced its previous CDB/RZB loan into various fixed assets and working capital credit lines with China Construction Bank of at least US$60 million. The credit facilities are in various stages of final approval by CCB, with US$37 million already approved. The capital requirements for the completion of the Jiangsu Lithium Carbonate Plant - including start up costs - will be drawn from the various credit facilities. The benefit of these new loan facilities is that interest is only charged on outstanding draw downs and no facility security is required. The Company's current cash position is A$54 million which will be used to fund Mt Cattlin operations, Jiangsu operations and corporate expenses during the ramp-up phase.'' CRHL Chief Operations Officer Mr Rex Chow said: "For CRHL shareholders these two positive announcements provide further indication that our policy of investing in companies like Galaxy is a sound one. Galaxy has our strong support for a strategy that is moving it successfully towards building a solid international presence in the important lithium market. We are confident that Galaxy will benefit in this new programme from the experience it has already gained at Mt Cattlin and Jiangsu, and - especially against the background of Chinese Government policies on renewable energy - we look forward to further encouraging progress." CRHL is the largest single shareholder in Galaxy, with an 11.78% stake, and CRHL's Executive Chairman Yuewen Zheng and Non Executive Director Xiaojian Ren are both Non Executive Directors on the Galaxy Board.

News on Galaxy plant due in two weeks that could be the news we need, along with our tenth legion results, i feel CRHL are just waiting for the right time to put tenth legion results out. Fed's meet next week and they will agree on some sort of QE3, so a week or so afer that would be great time for news, market rally is gathering pace IMO and will pick up after FED'S meeting GLA ;-)

http://finance.yahoo.com/q?s=GXY.AX http://www.galaxyresources.com.au/documents/GXY-MG604-09_09_11.pdf

http://www.galaxyresources.com.au/documents/DocGXY-189GalaxySignsOfftakeAgreementsforBatteryProject110907.pdf http://finance.yahoo.com/q?s=GXY.AX ;-))

http://www.investegate.co.uk/Article.aspx?id=201109061004196941N Creat Resources Holdings Limited ("CRHL" or "the Company") Appointment of General Manager and Company Secretary Creat Resources Holdings Limited (AIM: CRHL) is pleased to announce the appointment of Dr. Allan Branch as general manager to manage its activities in Australia and as company secretary. Dr. Branch is joining the Company as it continues to appraise its Western Tasmania exploration tenements and assesses strategic acquisitions to broaden its operational and geographical presence. CRHL Chief Operating Officer Rex Chow said, "We are obviously very pleased to have secured Allan's services at this important point in the Company's development, and anticipate his successful corporate background assisting growth businesses such as CRHL will provide invaluable guidance as we move forwards". Dr. Branch has previous experience working on the executive management teams and corporate governance structures of companies listed on several international stock markets, including ASX, CAC40, NASDAQ, NYSE, and AIM, and is also experienced in the management of early stage entrepreneurial companies at a similar development point to CRHL. Dr. Branch said, "I am very excited about helping the shareholders of CRHL to capitalize on their investment in this interesting mineral exploration company. I have seen the extent of the Company's field activities and the revenue and exploration potential at Zeehan, one of the world's most important mining areas. My goal is to help turn these into assets that build shareholder value." CRHL holds a number of exploration concessions around Dundas and Zeehan in Western Tasmania, and plans to continue its exploration and appraisal activities alongside growth through acquisition. It is the largest single shareholder in ASX-quoted Galaxy Resources Ltd, which is positioned to become one of the world's leading lithium producers

http://uk.finance.yahoo.com/q?s=GXY.AX

Pobly needs the cash for another venture or tax reasons who knows, i'm happy to sit it out ;-)) http://screencast.com/t/W7Hc6L7y http://www.investegate.co.uk/Article.aspx?id=200905131113541712S http://www.investegate.co.uk/Article.aspx?id=200902111322211619N

http://www.galaxyresources.com.au/documents/DocGXY-187GalaxyReceivesDebtFundingInterestforBatteryProject110831.pdf