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Tuesday, October 11, 2011

[CPSI NewsWire: Aspire Placement, Banpu Stake in Hunnu Growing]

CPSI NewsWire brings you market updates on Mongolia, compiled by CPS International, a Mongolian marketing arm of CPS Securities, a Perth, WA based stockbroking and corporate advisory firm, specialising in capital raising for mining and junior stocks.

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See Mongolia related quotes at bottom of newsletter

 

Aspire: Trading Halt (due to a proposed material placement)

October 11, Aspire Mining Limited (ASX:AKM) --

Link to release

 

Aspire: Investor Presentation

October 11, Aspire Mining Limited (ASX:AKM) --

Link to presentation

 

Exploration Success Continuing to Build at the Ovoot Coking Coal Project

October 10, Aspire Mining Limited (ASX:AKM) --

Highlights

·         Continued drilling success 5 km to the north east of the Ovoot Coking Coal Resource.

·         New resource area has now been extended by a further kilometre to the south east.

·         Coal intersections are thickening to the south east, with DH289 recording a total of 16.5 metres of coal.

·         5 Drill rigs now at the Ovoot Coking Coal Project.

·         Drilling will continue through the winter.

·         Resource upgrade now expected in March Quarter 2012.

Exploration Drilling Results

Mongolian coal explorer Aspire Mining Limited (ASX:AKM) is pleased to report continued exploration success at the 100% owned Ovoot Coking Coal Project ("Ovoot").

The Company announced the discovery of a previously unknown area of coal seam formation some 4 kilometres to the north east of the existing Ovoot resource area on 19 September 2011.

The Company currently has five drilling rigs on site at Ovoot which have continued to intersect hard bright coal. The dimensions of this discovery continue to grow to over 2 kilometres by 1 kilometre with further recent exploration success open to the south, west and east.

Building on the success of this new coal discovery at Ovoot, DH289 intersected a total of 16.5 metres of coal seams from 389 metres. This hole represents a thickening of the coal seams to the south from the coal intersections in holes DH276, DH288 and DH283, and is an encouraging sign for the continuity of the coal seams further to the south. This coal thickening to the south was evident in the Ovoot Coal Resource Area and this is highly encouraging to see the similar pattern some 4 kilometres along strike.

The Company notes that the new coal seam area identified to date is open eastwards into the neighbouring Hurimt Prospect. Exploration drilling is continuing to expand this new coal area, and to investigate the possible connection with the known resource at Ovoot. 

The Company has now hit coal in seven drill holes in this new coal discovery area. The following four holes have not previously been reported. Coal seam thicknesses have been adjusted for geophysical logs unless otherwise indicated:

- DH288
4.4 metres of coal from 319 metres
3.2 metres of coal from 325 metres

- DH289
4.6 metres of coal from 389 metres*
11.9 metres of coal from 399 metres*

- DH297 
5.0 metres of coal from 372 metres

- DH298* 
2.8 metres of coal from 455 metres
3.2 metres of coal from 460 metres

In addition, DH291 which was previously reported in the 19th of September 2011 Exploration Update has been deepened with additional coal being intersected.

DH291* 
- 2.9 metres of coal from 338 metres
- 3.5 metres of coal from 345 metres

The Company has also successfully intersected coal in DH293, which was drilled on the eastern edge of the existing Ovoot Coal Resource Area and returned the following: 

DH293
0.9 metres of coal from 269 metres
0.4 metres of coal from 271 metres
0.4 metres of coal from 280 metres

Aspire Managing Director David Paull said: "The potential to join the existing Ovoot Coal Resource Area with this new area 4 km's along strike remains open while the new coal area is growing to the south, west and east. There is significant opportunity to quickly add resource tonnes to the Ovoot Coal Project."

Note*: Not geophysically logged

Link to release

 

Banpu Stake in Hunnu Grows to 25.06%

October 11, Hunnu Coal Limited (ASX:HUN) --

Link to release

 

Citi tweaks Mongol Mining (0975) TP to HK$9.8

October 10 (ETNet) Citigroup lowered slightly its target price for Mongolian Mining (MMC)(00975) to HK$9.8 from HK$10.2, and maintained its "buy" rating.

The research house thinks MMC's underperformance since late September was excessive as MMC is less exposed to foreign investment related policies. Citi believes commission of a paved road will reduce concerns on execution. 

It expects fundamentals to remain solid due to 29% pa volume growth in 2011-14, and beneficiary of improving transportation infrastructure and Rmb appreciation. (KL)

Link to article

 

Daye Non-Fer (0661) unit to appeal on Mongolian mining right

October 10 (ETNet) China Daye Non-Ferrous Metals Mining (00661) said its 51%-owned subsidiary China Reservoir Mining Limited (CRML) received the written arbitral award issued by the Mongolian National Arbitration Center at the Mongolian National Chamber of Commerce and Industry in relation to the proceedings pursuant to which the Mongolian Arbitration Center ruled that the mining right to the Aleinuer Mine has to be returned by Reservoir Moly to Nomin Deposit LLC (the Mongolian JV partner).

CRML holds a 55% equity interest in Reservoir Moly. The remaining 45% equity interest in Reservoir Moly is held by the Mongolian JV partner. Reservoir Moly holds the mining right to the molybdenum mine located in the Sukhbaatar Province, Mongolia.

At the time of the establishment of Reservoir Moly in December 2005, the Mongolian JV partner transferred the mining right to the Aleinuer Mine to Reservoir Moly as part of its capital contribution, while CRML undertook to meet its capital contribution by financing the further development of Aleinuer Mine. Reservoir Moly has since completed exploration works at the Aleinuer Mine. 

According to the advice of CRML's Mongolian legal advisers, in order to enforce the arbitral award, the Mongolian JV partner is required to submit such award to the enforcement authority which in turn will request the relevant mining authority to amend the mining licence to the Aleinuer Mine, and before the mining licence to the Aleinuer Mine is so amended, the mining right remains with Reservoir Moly

In addition, CRML has the right to appeal to the Court of Appeal of Mongolia against the arbitral award and if the Court of Appeal of Mongolia accepts the appeal application, the enforcement of the arbitral award will be suspended pending the outcome of the appeal.

CRML has decided to lodge an appeal to the Court of Appeal of Mongolia against the arbitral award. (HL) 

Link to article

Link to 661 release, 7 October, 2011

 

Mongolian prime minister reassures investors over mining project

Ulan Bator, October 10 (DPA) - The Mongolian government has climbed down from its demand for larger share of the proceeds from a copper-mine project in the south of the country.

The deal is with foreign investors Rio Tinto Group Plc and Ivanhoe Mines Ltd, which have rejected a retrospective increase in the government's share from 34 top 50 per cent.

'We respect the agreement,' Prime Minister Sukhbaatar Batbold told dpa on Monday.

'There is no intention by the government of Mongolia to damage the completion of this important project for Mongolia,' Batbold said.

Batbold said Mongolia is a democracy, pointing to the opposition in parliament, and said there were calls for a larger state share in the exploitation of minerals. The prime minister said the government had to deal with these demands.

'It does not mean that we change an agreement,' he said.

The mine in southern Mongolia's Oyu Tolgoi is half completed. When it begins production it should number among the five largest copper mines in the world.

Sixty-six per cent of the project belongs to Ivanhoe, which is headquartered in Vancouver, Canada, and 49-per-cent owned by London-based Rio Tinto.

The companies have already invested 2.6 billion dollars.

Link to article

 

INTERVIEW: Mongolia living “exciting” boom times, premier says

ULAN BATOR, Oct 10, 2011 (dpa – McClatchy-Tribune Information Services via COMTEX) --

Link to article

 

MPs’ thinking of the government resignation

October 10 (news.mn) The 20 MPs who demanded changes in the Oyutolgoi mining agreement urged the government resignation because coalition government stated that it is working along the protocol of Parliament. 

A correspondent of the newspaper Uls turiin toim asked some MPs about their opinion on the government resignation. 

Kh.Narankhuu: The Coalition Government has right position 

He said that Mongolia has not had interests conflict resigning the government like some European countries that have many nations. The reason of the government resignation is Oyutolgoi investment contract but Oyutolgoi project has just begun and main investment has not been invested in the project. 

For example, we could read Japanese investors’ complain that they have easily entered Chinese market but have difficulty had to gain profit. We could strengthen our position after project beginning. I think the Government has right position. 

Ch.Saikhanbileg: The session should discuss Oyutolgoi issue

Members of the National Security Council have stated their position on Oyutolgoi investment agreement but I think Parliament should discuss the issue because there is controversy that some MPs think about home country and some MPs think about foreign companies. It should be decided. 

We should consider the situation and some works of Oyutolgoi project have been implemented. Some planned works would be soon implemented. If the work would be stopped, who would be responsible for? 

Ts.Tsengel: The Government has not faced resignation

Demand of the 20 MPs means that the Government should better work. I think the MPs are right but their manners could weaken investors’ belief. They urge Oyutolgoi agreement correction but not the Government resignation.   

Ch.Ulaan: The Government should implement Parliament protocol 

Parliament should conclude work of the Government and resignation issue should be decided by Parliament but citizens and MPs do not conclude the Government activity. 
On the other hand, the Government should implement Parliament decision and if it could not execute decisions, the government should report its reason not implementation. 

N.Ganbyamba: We could consider basis of the Government resignation 

The Government should implement the 57th protocol of Parliament. If there is urgency of the government resignation, we should consider its basis. 

Link to article

 

S.Erdene: We say the investment agreement change but not cancelation

MP S.Erdene told our correspondent about demand of Oyutolgoi investment agreement. 

October 10 (news.mn) He said that the 57th protocol of Parliament has stated that the Government of Mongolia to directly own 34 percent of shares but not to sell 34 percent. Mongolia owns its 34 percent by loan and we will pay USD800 million and its rates will be USD500 million when Oyutolgoi factory would be ready to work. When would Mongolia take profit from the 34 percent? Why have we concluded not proper condition of the agreement? 

He added that the MPs have not demanded the agreement cancelation and we have just demanded to correct provisions that have mistakes. 

Link to article

 

38:38 or 48:28?

October 10 (news.mn) The MPP and DP group at Parliament are separately discussing a draft law on election on Monday that the MPP group is discussing the draft law and the state budget revise and the DP group is discussing the draft law on parliament election of the MPP group suggestion - election option 48:28 with majority system prevail. 

The DP group has position of election option 38:38 with merged structure of majority and proportional systems. 

Head of the MPP group at Parliament U.Enkhtuvshin and head of the DP group Ch.Saikhanbileg have stated to decide the draft law on election. The two groups would submit their proposals to session on Thursday. 

Link to article

 

Coalition government likely would be needed after 2012 election

October 10 (news.mn) MP and a member of Managing Council of the MPP S.Bayar answered our correspondent’s questions.

Q: The MPP and DP have not agreed yet a draft law on election. The MPP has suggested election option of 28:48 to the DP and there is not concrete decision. What is your position? 

A: My position is clear because I have noted five issues including process of the law on election when I was appointed as Prime Minister in November of 2007. The law on election should be amended and processed and we have short period of a time to next election. That is why the two parties should agree and reach understanding but it is not only issue of managing officials of the two parties but also issue of citizens and voters. 

I supported people’s query last spring because we should hear citizens’ opinion. If we would not hear citizens, we should discuss with other political parties. Unfortunately, there is not time to discuss because of nine months are till next election. But there is a way to decision that MPs could solve the issue not depending on political parties. 

Q: What is your opinion of election structure?

A: I think I should follow the MPP’s policy that Managing Council of the MPP has decided to support election structure improvement. The MPP has suggested election option 52:24 and 48:28. Number has not had main meanings and it could be changed. Main significance is to improve election structure. I wish fairness of general summary of election but not concrete voting. It is named structure change and I think we should change it. 

Q: How about time? Do you think the draft law on election could be passed? 

A: If Parliament could not discuss the draft law on election, there would be much work of election preparation including electoral districts’ administration. The draft law has some right provisions such as voting process responsibility. The draft could be discussed and passed after three hard working days, in my opinion.

Q: What is your opinion on amendment of Constitution and 99 MPs of Parliament? 

A: I think the Constitution should be amended. But it is related to the MPs number increase. Responsibility structure should be decided along amendment of the Constitution. For example, authority and responsibility of the President and Prime Minister has not been definitely instructed and authority dispute of the President and Government has been existed since present Constitution passed. 

Also rights of soums and aimag centers have not been decided during last two decades. Decisions of local areas have been made in centers, therefore, these decisions could not meet criterion of Mongolian development. But the Constitution is the most essential code of human rights of Mongolian democratic development. We could change provisions of the government’s activity and its responsibility structure. 

Increase of MPs’ number should be related to responsibility structure. But I do not say increase or decrease of MPs’ number could be right. The issue should be considered by complete view. 

Q: What is your prediction of election voting of the MPP?

I can’t say it and I just want Mongolia could use opportunity of economic growth. If Parliament and Government would implement goals including Tavantolgoi deposit mine project, new railway and energy issues, economics would grow and people’s living would improve. In this case people would support the two parties, in my opinion. If Parliament and Government could not implement their goals, situation would be difficult because people would say the two parties could not implement their works. 

Work of Parliament and Government could determine pre election situation. But my desire is people’s living improvement because I have taken part to establish coalition government. 

Q: Would be Coalition Government established after 2012 election?

A: I think political parties would collaborate after 2012 election and there would be necessity to establish coalition government because we could not solve all issues until election. There are many issues to decide. Politicians should discuss, understand and solve the issues and should implement decisions. Specially, we should use economic growth opportunity. 

Link to article

 

Merkel eyes trade deals in Vietnam, Mongolia

BERLIN, October 10 (AFP) — Fresh from a crisis meeting with France on the euro, German Chancellor Angela Merkel was due to embark Monday on a visit to Vietnam and Mongolia hoping to push deals on trade and precious raw materials.

Ahead of the four-day visit, Merkel, who will be accompanied by top business leaders eyeing up investment opportunities, stressed the need to boost ties between the two fast-growing Asian nations and Europe's top economy.

"Vietnam is an emerging country in Asia, has enjoyed fast-paced economic growth in recent years and is increasingly becoming a competitor for large nations like China," Merkel said in her regular podcast over the weekend.

A senior government source in Berlin said Merkel would push for the conclusion of a free-trade accord between the EU and Vietnam. Germany "is a very strong supporter" of such a deal, the source said.

Nevertheless, Merkel insisted she would not shy away from tackling what Berlin sees as a "deficit" in Vietnam's human rights record.

Economic cooperation "is of course tied to complying with human rights. And I will of course raise such questions when I am there," Merkel said.

The European Union has frequently chided Vietnam for its record of upholding freedom of expression and in August called for the release of a French-Vietnamese blogger, who is an EU citizen.

Merkel noted that Germany and Vietnam have long enjoyed close relations, stemming from the days before the fall of the Berlin Wall, when young Vietnamese came to study or work in the former communist east.

After Vietnam, Merkel heads to Mongolia for the first visit by a German leader since the two countries established diplomatic relations, with media speculating that deals worth $2 billion could be inked.

"Mongolia is a country very rich in raw materials and we have a very, very good chance to improve our cooperation in this field," Merkel said.

German firms have said they are keen to conclude agreements on rare earths in Mongolia.

Rare earth elements are a collection of 17 substances that are not in fact rare but which are rarely found in quantities that make mining economically advantageous.

They are nonetheless critical for the manufacturing of items like iPods, low-emission cars, wind turbines and missiles.

At a crunch meeting with French President Nicolas Sarkozy late on Sunday, Merkel pledged to do what what necessary to recapitalise European banks as the two leaders vowed to come up with a "long-lasting" solution to the euro crisis.

Paris and Berlin would present a blueprint for exiting the debt drama by the end of the month, Merkel and Sarkozy said.

Merkel was due to leave mid-afternoon from Berlin, arriving in Hanoi late in the evening, local time.

Link to article

 

Table: Mongolia Related Stocks (Source: Bloomberg)

 

Name

Symbol

$

Price

Change

+-%

Open

High

Low

Volume

Time

% YTD

% 12 m

Indices

ASX 200

AS51:IND

4,201.00

38.1001

0.92%

4,157.60

4,216.00

4,146.90

-

10-Oct

 

 

Nikkei 225

NKY:IND

17,711.06

4.05078

0.02%

17,853.26

17,859.35

17,437.84

-

10-Oct

 

 

Hang Seng

HSI:IND

8,605.62

83.6006

0.98%

8,593.22

8,663.57

8,589.36

-

7-Oct

 

 

FTSE 100

UKX:IND

5,399.00

95.6001

1.80%

5,303.40

5,413.43

5,303.40

-

10-Oct

 

 

TSX Composite

SPTSX:IND

11,588.36

-191.71

-1.63%

11,816.49

11,819.55

11,574.12

-

7-Oct

 

 

S&P 500

SPX:IND

1,194.89

39.4301

3.41%

1,158.15

1,194.91

1,158.15

-

10-Oct

 

 

ASX

Aspire Mining

AKM:AU

A$

0.485

0.03

6.59%

0.465

0.485

0.465

372,340

10-Oct

1.04%

223.33%

Blina Minerals

BDI:AU

A$

0.014

0

0.00%

0.013

0.014

0.013

2,238,805

10-Oct

-6.67%

-17.65%

C@

CEO:AU

A$

0.082

0.017

26.15%

0.067

0.082

0.067

13,946,680

10-Oct

192.86%

310.00%

General Mining

GMM:AU

A$

0.12

-0.015

-11.11%

0.13

0.13

0.12

397,650

10-Oct

0.00%

-33.33%

Guildford Coal

GUF:AU

A$

1.04

0

0.00%

1.025

1.04

1.015

108,688

10-Oct

42.47%

133.71%

Haranga Resources

HAR:AU

A$

0.21

-0.005

-2.33%

0.22

0.22

0.21

595,000

10-Oct

-67.19%

 

Hunnu Coal

HUN:AU

A$

1.695

0.005

0.30%

1.69

1.7

1.685

2,701,875

10-Oct

26.97%

102.99%

Mongolian Res Corp

MUB:AU

A$

0.26

0

0.00%

0.25

0.26

0.25

0

30-Sep

 

TVN Corp.

TVN:AU

A$

0.048

0.001

2.13%

0.048

0.049

0.048

1,614,491

10-Oct

380.00%

860.00%

Voyager Resources

VOR:AU

A$

0.095

0.008

9.20%

0.088

0.095

0.088

33,748,913

10-Oct

77.16%

139.16%

Xanadu Mines

XAM:AU

A$

0.395

-0.01

-2.47%

0.4

0.4

0.395

69,886

10-Oct

-30.09%

 

HKEx

Solartech Int’l

1166:HK

HKD

0.165

0.005

3.13%

0.16

0.165

0.151

995,000

10-Oct

-82.81%

-72.50%

Winsway

1733:HK

HKD

1.84

0

0.00%

1.84

1.91

1.77

7,354,001

10-Oct

-59.06%

-43.43%

SouthGobi Resources

1878:HK

HKD

56.4

-0.85

-1.48%

57

57

54

21,950

10-Oct

-43.32%

-24.90%

China Gold

2099:HK

HKD

21.6

-1.25

-5.47%

23.3

23.5

21.6

150,500

10-Oct

-48.57%

 

CNNC Int’l

2302:HK

HKD

2

0

0.00%

1.81

2.09

1.81

155,000

10-Oct

-77.01%

-70.76%

Mongolia Energy

276:HK

HKD

0.52

-0.01

-1.89%

0.53

0.53

0.495

9,664,368

10-Oct

-77.59%

-83.95%

Zijin Mining

2899:HK

HKD

2.43

-0.03

-1.22%

2.49

2.49

2.25

41,129,263

10-Oct

-48.49%

-52.38%

Mongolia Inv Group

402:HK

HKD

0.048

0

0.00%

0.049

0.05

0.045

13,832,000

10-Oct

-67.57%

-71.60%

North Asia Resources

61:HK

HKD

0.48

0.04

9.09%

0.435

0.48

0.435

210,000

10-Oct

-47.25%

-65.47%

China Daye Non-Fer.

661:HK

HKD

0.4

0.02

5.26%

0.4

0.4

0.37

7,132,000

10-Oct

-28.57%

-12.09%

Bestway Int’l

718:HK

HKD

0.04

0.001

2.56%

0.047

0.047

0.04

400,000

10-Oct

-71.63%

-75.61%

Asia Coal

835:HK

HKD

0.097

0.009

10.23%

0.1

0.1

0.097

150,000

10-Oct

-61.20%

-59.75%

Mongolian Mining

975:HK

HKD

6.44

0.06

0.94%

6.55

6.67

6.26

13,921,000

10-Oct

-29.00%

SGX

LionGold

LIGO:SP

SGD

0.86

0

0.00%

0.865

0.87

0.86

9,113,000

10-Oct

17.81%

112.35%

LSE

Central Asia Metals

CAML:LN

GBp

69.5

0.5

0.72%

69.5

69.5

69.5

0

10-Oct

-22.99%

-29.08%

Petro Matad

MATD:LN

GBp

35

0.75

2.19%

34.25

35

34.25

56,646

10-Oct

-71.31%

-77.05%

Metal-Tech

MTT:LN

GBp

5.5

0

0.00%

5.5

5.5

5.5

5,650

10-Oct

-64.52%

-57.69%

Origo Partners

OPP:LN

GBp

26.75

-0.75

-2.73%

27.5

27.5

26.5

256,800

10-Oct

-34.76%

-9.32%

North

America

Aberdeen Int’l

AAB:CN

CAD

0.64

0

0.00%

0.64

0.64

0.62

52,177

7-Oct

-20.85%

28.81%

Blue Zen Mem. Parks

BZM:CN

CAD

0.16

-0.01

-5.88%

0.16

0.16

0.16

6,000

7-Oct

 

 

Centerra Gold

CG:CN

CAD

19.24

-0.48

-2.43%

19.61

20.49

19.07

370,764

7-Oct

-0.95%

13.46%

China Gold

CGG:CN

CAD

3.15

0.2

6.78%

3.1

3.31

3.01

462,325

7-Oct

-41.99%

-33.68%

Denison Mines

DML:CN

CAD

1.14

-0.01

-0.87%

1.18

1.22

1.129

2,230,147

7-Oct

-66.57%

-38.04%

Denison Mines

DNN:US

$

1.14

0.03

2.70%

1.15

1.19

1.12

592,590

10-Oct

-66.67%

-37.70%

East Asia Minerals

EAS:TN

CAD

0.69

0.06

9.52%

0.68

0.95

0.63

1,455,604

7-Oct

-91.49%

-90.20%

Entree Gold

EGI:US

$

1.55

0.03

1.97%

1.6

1.6455

1.53

54,320

10-Oct

-55.20%

-45.42%

Erdene Resource

ERD:CN

CAD

0.5

0

0.00%

0.53

0.54

0.5

40,700

7-Oct

-59.68%

0.00%

Entree Gold

ETG:CN

CAD

1.55

-0.07

-4.32%

1.62

1.71

1.55

55,554

7-Oct

-55.33%

-45.80%

Fortress Minerals

FST:TN

CAD

5.21

0

0.00%

0

8-Jun

 

 

Garrison Int’l

GAU:TN

CAD

0.025

0

0.00%

0.025

0.025

0.025

0

3-Oct

 

-58.33%

Gulfside Minerals

GMG:TN

CAD

0.07

0

0.00%

0.07

0.07

0.07

0

4-Oct

 

 

Green Tech Solutions

GTSO:US

$

0.112

-0.0005

-0.44%

0.119

0.124

0.112

26,454

10-Oct

 

Ivanhoe Energy

IE:CN

CAD

1.15

-0.01

-0.86%

1.19

1.21

1.14

423,559

7-Oct

-57.72%

-52.08%

Ivanhoe Energy

IVAN:US

$

1.14

0.03

2.70%

1.15

1.16

1.13

229,647

10-Oct

-58.09%

-51.49%

Ivanhoe Mines

IVN:CN

CAD

16.77

-0.8

-4.55%

17.66

18.14

16.49

1,688,206

7-Oct

-27.09%

-28.47%

Ivanhoe Mines

IVN:US

$

16.62

0.37

2.28%

16.9274

17.19

16.28

2,093,443

10-Oct

-27.49%

-28.21%

Kincora Copper

KCC:TN

CAD

0.31

0

0.00%

0.31

0.31

0.31

0

4-Oct

 

 

Khan Resources

KRI:CN

CAD

0.25

0

0.00%

0.235

0.255

0.23

0

6-Oct

-47.92%

-35.06%

Long Harbour

LHC:TN

CAD

0.35

0

0.00%

0

10-Mar

 

 

Lucky Strike

LKY:TN

CAD

0.69

0

0.00%

0.75

0.75

0.69

0

5-Oct

 

 

Meritus Minerals

MER:TN

CAD

0.04

0

0.00%

0.04

0.04

0.04

0

6-Oct

 

-85.96%

Manas Petroleum

MNAP:US

$

0.2

0.005

2.56%

0.195

0.2

0.19

2,520,400

10-Oct

-66.67%

-60.77%

Blue Wolf Mongolia

MNGL:US

$

9.58

0

0.00%

9.65

9.65

9.58

0

13-Sep

 

 

Blue Wolf Mongolia

MNGLU:US

$

10.2

0

0.00%

10.2

10.2

10.15

150,100

10-Oct

 

 

Manas Petroleum

MNP:TN

CAD

0.43

0

0.00%

0

10-May

 

 

Prophecy Coal

PCY:TN

CAD

0.47

-0.07

-12.96%

0.54

0.54

0.46

147,100

7-Oct

-46.18%

-4.63%

Puget Ventures

PVS:TN

CAD

0.36

0

0.00%

0

6-Aug

 

 

SouthGobi Resources

SGQ:CN

CAD

7.39

-0.11

-1.47%

7.5

7.74

7.39

139,406

7-Oct

-39.33%

-26.83%

Solomon Resources

SRB:TN

CAD

0.08

0

0.00%

0.08

0.08

0.08

0

3-Oct

 

 

Wedge Energy

WEG:CN

CAD

0.015

0

0.00%

0

3-Aug

 

 

Mongolia Growth Group

YAK:CN

CAD

4.63

-0.06

-1.28%

4.69

4.69

4.63

1,618

7-Oct

 

 

 

---

"Mogi" Munkhdul Badral

Senior Client Manager / Executive Director

CPS International LLC

Telephone/Fax: +976-11-321326

Mobile: +976-99996779

Email: mogi@cpsinternational.mn

P Please consider the environment before printing a copy of this email.

 

Central Tower · 12th Floor · Left Wing · 2 Sukhbaatar Square

Sukhbaatar District 8 · Ulaanbaatar 14200 · Mongolia

 

CPS International is a marketing arm of CPS Securities in Mongolia. CPS Securities is a Perth, Western Australia based AFSL License Holder. To trade ASX and international stocks, feel free to contact me at mogi@cpsinternational.mn or +976-99996779.

 

Disclosure/Disclaimer

CPS Securities, its directors and employees advise that they may hold securities, may have an interest in and/or earn brokerage and other benefits or advantages, either directly or indirectly from client transactions mentioned in correspondence from CPS International.

CPS International advise this email contains general information only and does not include advice. In preparing this communication, CPS International did not take into account the investment objectives, financial situation and particular needs of any person. As with any speculative mining company there are significant risks.

 

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