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I did email CRHL last week to let them know how disappointed many are with the lack of news considering their RNS on the 2nd of June...I explained that in the circumstance they could have posted a prelim RNS with more detail to follow...as yet I have not received a response...in past experiences this either means there is an RNS imminent which will answer my questions or, they simply havnt had time to reply yet or they do not feel obliged to reply at all (doubt this option with CRHL) Has anyone else had any contact with the brokers or CRHL? any clues as to timings? Hopefully as Izzy says it is for a very good reason we have not heard yet. GLA
Yep bit of a tease that rns......bought two lots of CRHL today as feel it good value and news imminent..
I have been looking at the decrease in value of GXY and ever since they announced the delayed SEHK listing (After the Jap Tsunami) the price has fallen from around 1.6 to .66 (Friday's close) CRHL has mirrored that fall to some degree falling from 8p to 3.5p. I understand GXY are proposing to list in QTR 3 and would therefore expect some upward movement in the share price prior to that (Espeicially with broker help)....hopefully GXY will recover back to near the 1.6 levels of Feb..... this would see a substancial move from CRHL as it's market cap presently almost equates to it's 12% holding in GXY....new mineral listings on the SEHK have had a good record over the last few years and with a good company like this it is primed for a very successful listing. Tenth Legion should also help with a move upwards in the coming weeks/months....all in all it does look like we could be in for a much better second half of the year. GLA
If this is correct we should be hearing news very soon....sounds like by the end of next week latest. Well done with this info...it's very helpful...thankyou. GLA
Excellent posts as always and thank you for all of your answers...thankfully China is strong ...it will serve CRHL and GXY very well....Surely GXY should consider listing on the SEHK asap? ....maybe waiting for a decent rise first. Just have to sit and wait now as everything seems in good order....albeit we may have to wait for the real value to shine through. GLA
The problems with 'hoping the markets will improve' is that they could get a hell of a lot worse....delivering an RNS tommorrow may seem bad but doing it in 2 weeks could be worse.....lets just hope for good results...thats what we need and the fundamentals will kick in later. Tell me about RKH...have a fortune in it....but it really is the most exciting oil stock around. Lets hope we get some news soon....and a bit of luck. GXY had a bad day yesterday again ...I'm wondering if the Aussie minerals tax is stiffling it a bit....it's been getting a good shoeing for a while yet has had great results with lots going on..... GLA
10% drop hence our drop...it's painful (when investment involved) watching good companies share prices slump...and there are plenty of them at the moment...GXY and CRHL look rock solid for the future and just have to bear the general market situation....shame RNS didnt come out last week.
Assays should all have been in by the 28th June latest....any thoughts on how long from then it takes to analyse and produce an RNS? They have alreadsy had 2 weeks
http://www.investegate.co.uk/UserAnnouncements.aspx Can anyone work out the significance of this?
Up 2% yesterday
I completely echo Glacials words...Izzy and Sniffer in particular flag up most things relevant to CRHL....interesting thoughts from rocdoc the other day too. CRHL is without a doubt still very much under the radar with limited shares available. The BOD look very strong and capable, achieving their goals, efficiently in impressive fashion. In particular it is interesting watching the Chinese side of the management both with GXY and CRHL move forward so efficiently. I am sure with patience this will all unfold...playing into our hands. I am hoping , as I am sure many others of you are that the Tenth Legion will be meaningful enough to stir some proper interest....whatever happens ...there is alot to like about CRHL and patience has to be key. GLA
Seems to do nothing but churn out good news after good news....but the share price is really struggling......I would think that they should turn the corner anytime soon and zoom back up....crhl share price will benefit at this point ...it hinted at rising in the last few days but then stalled ...expect movement very soon...it's too cheap.
over the next couple of weeks as the news get nearer to breaking GLA
2 weeks was what I had in mind following your recent posts....GXY should move at their present price and upward movement would augur wel for us...thanks guys and GLA
Well done with all the work.....how long do you think it will take for the RNS to be ready? are we talking days, weeks or months? Won't hold you to it ...just as a rough guide
Thanks for your thoughts...I totally agree with your calculations....let's see where the price goes over the next couple of weeks....not long to wait....the longterm is so bright that it creates a cusion in any case. GLA
Just saw that...up 3.5%...could this be the cracks appearing....Izzy thanks for the info on 11,25k trade...good that it is a buy.....the 3 to 4 week period is up now by the way so rns update is now overdue!
Frustrated now as wondering if that £11.25k trade is a buy or a sell!!! Onwards and upwards ....looking forward to the tenth Legion
Yes good to see the movement...what does the trade in black mean? Hopefully Galaxy will move up tonight again....does anyone know if the Aus government implemented the hike in taxes on miners they proposed 2 years ago?
Brilliant work...I am punting this to a few mates today via email...it looks like a rock solid investment.