fliper here's one for you................................

Northern Dynasty Minerals Ltd (NDM), in which Galahad holds 10.4% (10.3% fully diluted), announced yesterday a new mineral resource estimate, which has increased the inferred mineral resources in the Pebble East gold-copper-molybdenum deposit by nearly 90%, to 3.4 billion tonnes grading 1.00% copper equivalent at a 0.60% cut-off. Full text of the announcement released by NDM is available at www.northerndynastyminerals.com. As at 20 February 2007, the market value of Galahads holding in NDM was 46.2m. Earlier this month Galahad sold 10.3% stake in Northern Dynasty Minerals Ltd to QIT-Fer Et Titane Inc, an affiliate of Rio Tinto plc for 40.3m.

UraMin Inc (UraMin), in which Galahad holds 9.3% (8.4% fully diluted), announced on the 19 February 2007 the results of SRK's Interim Progress Update on the feasibility study for the Trekkopje Uranium Project in Namibia. The report proposes a production profile that would rise to over 8 million lbs of U3O8 per annum using heap leach technology, and estimated a pre-tax Internal Rate of Return for the project of 67 per cent and a Net Asset Value of US$1.2 billion (using an 8 per cent discount rate). UraMin also announced SRK's NI 43-101 compliant updated interim resource statement for this Project, where the deposits have seen a substantial conversion of Inferred to Indicated Resources. UraMin stated that it is evaluating its strategic options and that it has retained BMO Capital Markets to evaluate its mineral assets and to provide fiscal advisory services as it evolves from the development stage and into commercial production. Full text of the announcements made by UraMin is available at www.uramin.com. Galahad invested 3.7m in UraMin in June 2005. As at 20 February 2007, the market value of Galahads holding in UraMin was 49.8m.

Galahad's first target was to acquire significant resources of gold, platinum and palladium with a gold equivalent total in excess of 50m ounces. Galahad also aims to acquire resources of associated metals and minerals such as copper, uranium and molybdenum in view of their increasing importance to the world economy. The key factors in the appraisal of potential projects are the following:

The resources will be situated in a politically safe and stable country;
The outlook for environmental approval will be relatively straightforward;
The resources will be potentially substantial enough to justify diverting the efforts of the management team; and
The resources will be available on attractive terms.

cynic do you no much about this one i'm thinking it's a good buy ...........and it in to gold as well.. which i no you like........

here you are micky ..... my usual amateurish view ...... firstly, 12/18 months ago, GLA had a very poor image and reputation in the market .... i can't remember the exact details, and nor do i know if their PR has managed to repair that damage .....

here below, first a 5 year chart showing the sp's volatility with 50 + 200 dma

the 12 month chart below, again with 50 + 200 dma, at first sight looks pretty impressive ..... except that rsi is already heady, and if you look back at the 5 year chart, there looks to be a fair amount of congestion and resistance around 13p.

today's volumes are also nothing exciting and, at time of writing, Dow looks as though it may well be heading south today (and thereafter ....?)

in conclusion, even my usual greed is not at all tempted here.

yhanks cynic as always you make me fill good when i buy something ..... i hope your views on this will change............ i fear not thanks for the charts ........o don;t forget we have a bet..(UMN) 1

good news for some......................Galahad Gold Plc
12 March 2007



Galahad Gold plc

(Galahad)



NOTIFICATION OF INTEREST

On 9 March 2007 Galahad was notified that on 7 March 2007 Liberty Square Asset
Management was interested in 42,340,000 ordinary shares of 1p each in the
capital of Galahad. This represented 5.68% of the issued share capital of
Galahad and total votes that may be cast on a poll at a general meeting of
Galahad.

Mick468, and others:
Not much News; yet sp is ticking up - I'm nearly in profit...!
GLA appears to have sold InterMolly - and taken shares in exchange? This is quite odd as it could leave them with worthless paper - and no InterMolly
- or am I completely wrong?
If they don't care to mine their sites, why don't they sell for cash, Or cash + share of profits?
No, I still do not get it.

When are GLA going to report results for year ended 31/12/06?