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
AKM down 8.33% to 44c, 3c above placement price
Aspire Completes A$32.8 Million Placement
October 12, Aspire Mining Limited (ASX:AKM) –
· Aspire completes placement to institutional and sophisticated investors
· SouthGobi Resources taking up its full top up rights to a 19.9% interest
· Procees to be used for exploration at Ovoot Coking Coal Project, completion of feasibility studies and working capital
· Issue price of $0.41 represents 8.9% discount to the 5 day VWAP up to and including 10 October 2011
Aspire Mining Limited is pleased to announce it has successfully raised AU$32.8 million via a placement ("the Placement") to further progress its Ovoot Coking Coal Project ("Ovoot") in northern Mongolia.
The Placement consisted of 80 million new fully paid ordinary shares at $0.41 per share to institutional and sophisticated investors.
The Company is also pleased to announce that its major shareholder, SouthGobi Resources Limited has supported the Placement and exercised its anti-dilution top-up rights to hold a 19.9% shareholding. SouthGobi will take up approximately 14.3 million new shares under the Placement.
Aspire's Managing Director, David Paull, said "the funds raised will allow Aspire to complete pre-feasibility and feasibility studies on the Ovoot project and facilitate an aggressive exploration programme which we expect to add further tonnes to the overall project and drive long term shareholder value."
Mr Paull added, "We are very pleased with the support for the Placement. We have been able to bring on board investors who are interested in our long term growth aspirations and the strong demand for the Placement demonstrates market support for the Ovoot Coking Coal Project."
"Our latest drill results to the north of the existing Ovoot Resource area suggest we will be able to expand the size of the Project as we continue our exploration programme over the coming winter months."
The funds raised from the Placement will be used for:
· Further exploration of the Ovoot Basin within the next 12 months,
· Infill drilling to increase the Resource and establish a Mongolian Registered Reserve,
· Completion of a pre-feasibility study and feasibility study regarding the Ovoot Project
· Application for a Mongolian Mining License over the Ovoot Resource
· Completion of a Rail pre-feasibility study in relation to the rail link to Erdenet,
· Application for a rail license for the Ovoot to Erdenet rail link, and
· Administration and working capital.
Argonaut Securities and UBS AG, Australia Branch acted as Joint Lead Managers and Joint Bookrunners to the Placement. Bell Potter Securities acted as co-manager.
GMG up 13.3% to C$0.085
Gulfside Closes Sale Of Interest In ECM LLC
VANCOUVER, Oct. 11, 2011 /PRNewswire/ - Robert L. Card, President of Gulfside Minerals Ltd. ("Gulfside" or the "Company", TSX:GMG), is pleased to report that the Company has received the final payment of US$ 1,500,000 on the sale of its 5% interest in ECM LLC, the Mongolia company holding the exploration license to the Erdenetsogt brown coal project. The Company negotiated the sale of its interest by Agreement dated October 28, 2010 and received a down payment of UD$500,000 at that time. The final payment was due in October 2011 and has been received ahead of time. The funds will be added to general working capital.
The Company is awaiting final TSX approval of its acquisition of three iron ore projects located in Alaska, Quebec and Labrador, announced August 22, 2011. The Company has completed the Private Placement of securities announced on August 22, 2011.
276 closed up 7.69% to HK$0.56 on Tuesday
{BLOCK TRADE} Mongolia Energy(276): 32m shrs for HK$17.28m
October 11 (ETNet) Mongolia Energy (00276) has recorded a block trade deal for a total of 32.00 million shares at 2:03pm .
The shares were sold at HK$0.54 apiece.
The deal amounted to HK$17.28 million in total. (kk)
YAK closed -0.86% to C$4.59
Mongolia Growth Group Ltd. to Attend Mongolia Investment Summit 2011 in Hong Kong
Calgary, Alberta CANADA, Oct 11, 2011 (Filing Services Canada via COMTEX) -- Mongolia Growth Group Ltd. (YAK - CNSX), ("MGG" or the "Company") announces that MGG will be attending the Mongolia Investment Summit 2011 from October 25 to 27 in Hong Kong. In addition, Harris Kupperman, Chairman and CEO of MGG will host a reception for shareholders and interested investors during that week. If you would like to attend the reception, please contact Genevieve Walkden at info@MongoliaGrowthGroup.com
Pachauri offers Mongolia help in generating renewable energy
Ulaanbaatar, Oct 11 (PTI) Lauding Mongolia''s green policies, eminent Indian environmentalist R K Pachauri, who heads the Nobel-winning UN panel on climate change, has offered to help this country develop innovative renewable energy resources.
"Mongolia has enough places to produce renewable energy, for example, in Gobi where every family can have electric generator operated by renewable energy resource," said Pachauri, Chairman of the Intergovernmental Panel on Climate Change (IPCC).
"We are ready to cooperate with Mongolia in researches and experimental works," he said at a meeting with Mongolian President Ts Elbegdorj.
It is possible to introduce a technology that produces fuel from plants, he said and expressed willingness to collaborate in introducing to Mongolia the latest technology of saving water which is being developed in the IPCC, according to Mongolian news agency ''Montsame''.
While suggesting a project on urban development, Pachauri said it would be possible to erect several eco-buildings that are operated by renewable energy.
The Mongolian President said he supports these proposals and expressed readiness to cooperate with the IPCC.
They agreed that a team of experts should come to Mongolia to conduct a research together with the Presidential team and collaborate in boosting "Green Development".
DRAFT LAWS SUBMITTED (on oil policy, zero tax on imported electricity, amendment to customs duty on some imports, human trafficking …)
Ulaanbaatar, Mongolia. October /MONTSAME/ The cabinet submitted last Friday to the Speaker drafts of a state policy in oil sector and of a law on approving its main guidelines until 2015. The guidelines of the sector until 2010, approved in 2002, have expired and the sector is widening, and it is also needed to clearly determine Mongolia's policy on becoming an oil extracting country. Another draft--on amendment to the law on police organization--was submitted by the cabinet.
The same day, a Minister of Mineral Resources and Energy D.Zorigt presented a draft on altering appendixes of two parliamentary resolutions on freeing an imported electricity from customs tax and VAT and on approving a tax on imported products.
A Minister of Justice and Internal Affairs Ts.Nyamdorj also submitted to the Speaker a draft contract on exchanging of convicts between Mongolia and China and a draft law on combating human trafficking. From the year 2005, the two countries have run several talks on transferring convicts, and one Chinese has been sent to home and two Mongolians have been brought here. The Minister wants parliament to ratify the draft contract.
Link to Parliament press release (Mongolian)
DP discusses Tavantolgoi, other issues
October 11 (news.mn) At the DP group meeting on Monday, members discussed a proposal to double the citizens’ share of the Tavantolgoi project to 20 percent, with the shares coming from those currently allocated to domestic organizations. The 39th protocol currently says 10 percent of the project’s shares should go to citizens, with 10 percent being sold to domestic organizations and 30 percent being sold on foreign stock exchanges.
The group approved further discussion of the protocol change during the current session of Parliament. Some MPs suggested the protocol change was appropriate because, of the 53,000 organizations registered with the state, only 23,000 have paid taxes on profits, while the remaining 30,000 have claimed no profits. That is why the MPs believe it would be better to give the organizations’ shares to citizens.
The group also reiterated the party’s position on the draft election law. The group discussed the election structure last week and decided that election should be organized by a merged structure. Also the members resolved that electoral districts should be organized by population and location.
MPs share opinions on draft election law
October 12 (news.mn) Parliament is scheduled to discuss a draft law on the election this week, and our correspondent asked some MPs for their opinions.
D.Gankhuyag said a balanced version of majority and proportional structures is better for Mongolia, because political researchers prefer proportional voting. He said development opportunities have been lost due to small electoral districts. For example, cities in Mongolia have population density, traffic jams, garbage problems, and much stress. Seven out of every ten young people who graduate are unemployed. Health care is not good enough and some patients go abroad for diagnostics and treatment. He said the 1992 election was held using the proportional structure, and it would not violate the Constitution.
S.Oyun said she thinks proportional representation could be right way. Money has played too large a role in elections. Under the proportional structure, skilled doctors, teachers, women, and youth who don’t have a lot of money could be elected to Parliament.
L.Gundalai said that the proportional structure would be right, and the riots of July 1, 2008, show that the majority system has not met expectations.
J.Enkhbayar said the MPP and DP caucuses are talking about organizing the election through parties or candidates. He thinks the majority system suits the present economic and territorial administration of Mongolia.
Ts.Shinebayar said he prefers a merged structure and thinks the parties should not waste time debating the number of seats. The most important thing is to organize a fair election.
Ts.Davaasuren said majority system is better than a merged one. Voters would rather vote for candidates, not for parties, and this structure should be kept. If proportional structure would be used, voters would simultaneously vote for parties and candidates. To vote for parties is not appropriate.
MPP proposes 48-28 election plan
October 11 (news.mn) The MPP caucus in Parliament discussed a draft law on the 2012 parliamentary election Monday and ultimately decided to propose a 48-28 election plan, meaning 48 seats in Parliament would be awarded on the majority system and 28 on the proportional system.
Members decided to officially propose this plan to the DP caucus.
The MPP noted that this plan is different than its original 52-24 plan. Members said the change was made because of the urgency of passing the draft law. Members said they hoped the DP would look favorably upon the plan.
83 toxic chemicals proposed to be banned
October 12 (news.mn) MPs have proposed an amendment to the law on toxic chemicals and dangerous substances that would ban the use of 83 chemicals and restrict the use of 29 more. The chemicals have been deemed harmful to human health and the environment. Parliament is scheduled to discuss the proposal this week.
The MPs discovered that the 95th protocol of the Government in 2007 contained a list of dangerous and banned chemicals, but the protocol has not been implemented.
According to a study of chemical usage in Mongolia, some 10,000 chemicals are imported into the country for use in mining and other sectors.
CW-GP issues plan to fight jams
October 12 (news.mn) The Civil Will and Green Party is holding a campaign this week to highlight its proposals for reducing traffic jams in the capital.
The party is making four suggestions:
1. To promptly begin building underground in Ulaanbaatar because it is now technically and economically feasible.
2. To build more bridges.
3. To relocate state offices from places where most jams occur, including the removal of the State Center for Civil Registration and the two hospitals from Zuun Ail.
4. To build highways and railways from the capital to three remote districts (Nalaikh, Baganuur, and Bagakhangai), and to Zuunmod city.
The party is handing out 50,000 brochures with its plan to drivers stuck in traffic this week. It is also planning to focus on the suggestions in the state general budget of 2012.
PM, Speaker hear harvest report
October 11 (news.mn) Prime Minister S.Batbold and Speaker D.Demberel received the latest harvest report from the Ministry of Food, Agriculture and Light Industry on Monday.
According to the report, state farmers have harvested 433,400 tons of wheat, 191,500 tons of potato and 97,200 tons of vegetables. It is the biggest harvest in the country’s history, said Agriculture Minister T.Badamjunai.
S.Batbold thanked farmers and other agriculture workers on behalf of the Government and the Mongolian people. He said the domestic supply of wheat, flour, and vegetables is essential to Mongolia’s food security, and the country’s farmers have made it a goal to export wheat and vegetables. S.Batbold added that Mongolia would develop not only its mining sector, but also agriculture, and the two sectors would lead development in the country.
The Premier also noted that Selenge, Tuv, and Bulgan aimags harvested the most wheat in the state, and the Government will continue supporting agricultural achievements.
Speaker D.Demberel congratulated the farmers and discussed some of the problems facing the agriculture sector.
Bill Fleckenstein: The Dollar is Toilet Paper (and Mongolia to undergo boom of a lifetime)
October 11 (Wall St. Cheat Sheet) Hedge fund manager Bill Fleckenstein spoke with FOX Business Network about the economic situation in the United States in relation to the global economy. Fleckenstein said the U.S. has turned the dollar (NYSE:UDN) “into confetti” and predicted the reign of “a new currency regime down the road.” He went on express confidence in Mongolia’s economy saying the country is “about to undergo the boom of a lifetime” as a result of the natural resources it possesses and its proximity to China (NYSE:FXI).
On whether the recovery is dependent of restoring the value of the dollar:
“This has been one big continuum. We went from a gold (NYSE:GLD) standard, to a quasi gold standard, and we have has all paper money since 71. Slowly but surely we have turned it into confetti and that process has to run its course. The policies Bernanke is pursuing while they seem palliative in the short run are hastening the end of the all paper dollar as the king currency and we will head towards a new currency regime down the road.”
On where he sees promise in the global economy:
“I was in Mongolia and suffice it to say it is about to undergo the boom of a lifetime. It has the minerals China needs and the amount of money going in there to build these mines much less the money that is going to be coming back out is the size of their GDP which is about five or six trillion right now. They have a soundly managed currency, they believe in hard work, the median age is 26 years old. The only problem for investors is there aren’t many vehicles to invest. But it is going to be a spectacular opportunity because it is going to be a boom regardless of what the rest of the world does.”
On the market rally today:
“We have seen so much volatility, anything is possible on any given day and a big more like 3% is quite often just noise. I don’t believe we ever really got out of this recession. We haven’t approached a real recovery status; just because some government agency said we came out of the recession doesn’t mean we did. Our financial system (NYSE:XLF) is better than it was in 2008 but from a jobs standpoint and from a getting our government finances in order, we have a lot of work to do here.”
On how Europe is dealing with their deficit:
“They are trying to take a page out of our playbook from 2008. The ECB is not quite capable of buying government debt yet so they are trying to cobble together something like what we did and its more difficult because it is Europe. My guess is the worse things get, the harder they will try to come up with something where they can kick the can down the road.”
Table: Mongolia Related Stocks (Source: Bloomberg)
Name | Symbol | $ | Price | Change | +-% | Open | High | Low | Volume | Time | % YTD | % 12 m | |
Indices | ASX 200 | 4,227.60 | 26.6001 | 0.63% | 4,213.50 | 4,245.40 | 4,204.40 | - | 11-Oct | ||||
Nikkei 225 | 18,141.59 | 430.529 | 2.43% | 18,441.87 | 18,456.16 | 18,041.70 | - | 11-Oct | |||||
Hang Seng | 8,773.68 | 168.06 | 1.95% | 8,733.54 | 8,806.44 | 8,725.62 | - | 11-Oct | |||||
FTSE 100 | 5,395.70 | -3.2998 | -0.06% | 5,399.00 | 5,399.00 | 5,330.42 | - | 11-Oct | |||||
TSX Composite | 11,875.55 | 287.189 | 2.48% | 11,846.43 | 11,890.20 | 11,596.90 | - | 11-Oct | |||||
S&P 500 | 1,195.54 | 0.65002 | 0.05% | 1,194.60 | 1,199.24 | 1,187.30 | - | 11-Oct | |||||
ASX | Aspire Mining | A$ | 0.485 | 0 | 0.00% | 0.465 | 0.485 | 0.465 | 0 | 11-Oct | 1.04% | 246.43% | |
Blina Minerals | A$ | 0.013 | -0.001 | -7.14% | 0.014 | 0.014 | 0.013 | 948,222 | 11-Oct | -13.33% | -23.53% | ||
C@ | A$ | 0.08 | -0.002 | -2.44% | 0.087 | 0.091 | 0.077 | 11,407,469 | 11-Oct | 185.71% | 344.45% | ||
General Mining | A$ | 0.12 | 0 | 0.00% | 0.12 | 0.12 | 0.12 | 179,000 | 11-Oct | 0.00% | -35.14% | ||
Guildford Coal | A$ | 1.015 | -0.025 | -2.40% | 1.04 | 1.06 | 1 | 442,693 | 11-Oct | 39.04% | 115.96% | ||
Haranga Resources | A$ | 0.21 | 0 | 0.00% | 0.22 | 0.22 | 0.21 | 94,218 | 11-Oct | -67.19% | |||
Hunnu Coal | A$ | 1.7 | 0.005 | 0.29% | 1.7 | 1.72 | 1.7 | 20,424,560 | 11-Oct | 27.34% | 95.40% | ||
Mongolian Res Corp | A$ | 0.26 | 0 | 0.00% | 0.25 | 0.26 | 0.25 | 0 | 30-Sep | ||||
TVN Corp. | A$ | 0.048 | 0 | 0.00% | 0.05 | 0.051 | 0.048 | 1,365,224 | 11-Oct | 380.00% | 860.00% | ||
Voyager Resources | A$ | 0.092 | -0.003 | -3.16% | 0.095 | 0.098 | 0.091 | 17,625,121 | 11-Oct | 71.56% | 110.55% | ||
Xanadu Mines | A$ | 0.395 | 0 | 0.00% | 0.4 | 0.41 | 0.395 | 217,909 | 11-Oct | -30.09% | |||
HKEx | Solartech Int’l | HKD | 0.167 | 0.002 | 1.21% | 0.168 | 0.172 | 0.16 | 2,149,000 | 11-Oct | -82.60% | -72.17% | |
Winsway | HKD | 1.96 | 0.12 | 6.52% | 1.96 | 1.98 | 1.88 | 13,825,000 | 11-Oct | -56.39% | -39.74% | ||
SouthGobi Resources | HKD | 57.6 | 1.2 | 2.13% | 57.3 | 61.2 | 56.4 | 58,100 | 11-Oct | -42.11% | -23.30% | ||
China Gold | HKD | 23.3 | 1.7 | 7.87% | 22.75 | 23.4 | 22.75 | 107,800 | 11-Oct | -44.52% | |||
CNNC Int’l | HKD | 2.05 | 0.05 | 2.50% | 2.08 | 2.11 | 2 | 390,000 | 11-Oct | -76.44% | -70.03% | ||
Mongolia Energy | HKD | 0.56 | 0.04 | 7.69% | 0.56 | 0.62 | 0.54 | 77,513,500 | 11-Oct | -75.86% | -82.72% | ||
Zijin Mining | HKD | 2.78 | 0.35 | 14.40% | 2.6 | 2.79 | 2.55 | 102,455,000 | 11-Oct | -41.07% | -45.52% | ||
Mongolia Inv Group | HKD | 0.049 | 0.001 | 2.08% | 0.05 | 0.051 | 0.049 | 8,640,000 | 11-Oct | -66.89% | -71.01% | ||
North Asia Resources | HKD | 0.48 | 0 | 0.00% | 0.48 | 0.48 | 0.48 | 5,000 | 11-Oct | -47.25% | -65.47% | ||
China Daye Non-Fer. | HKD | 0.41 | 0.01 | 2.50% | 0.42 | 0.42 | 0.405 | 5,116,000 | 11-Oct | -26.79% | -9.89% | ||
Bestway Int’l | HKD | 0.041 | 0.001 | 2.50% | 0.041 | 0.041 | 0.041 | 2,255,000 | 11-Oct | -70.92% | -75.00% | ||
Asia Coal | HKD | 0.095 | -0.002 | -2.06% | 0.078 | 0.095 | 0.078 | 500,000 | 11-Oct | -62.00% | -60.58% | ||
Mongolian Mining | HKD | 6.65 | 0.21 | 3.26% | 6.64 | 6.72 | 6.52 | 3,680,500 | 11-Oct | -26.68% | |||
SGX | LionGold | SGD | 0.86 | 0 | 0.00% | 0.865 | 0.87 | 0.86 | 9,385,000 | 11-Oct | 17.81% | 112.35% | |
LSE | Central Asia Metals | GBp | 70 | 0.5 | 0.72% | 70 | 70 | 70 | 5 | 11-Oct | -22.44% | -28.57% | |
Petro Matad | GBp | 33 | -2 | -5.71% | 35 | 35 | 32.5 | 286,570 | 11-Oct | -72.95% | -77.47% | ||
Metal-Tech | GBp | 5.5 | 0 | 0.00% | 5.5 | 5.5 | 5.25 | 0 | 11-Oct | -64.52% | -57.69% | ||
Origo Partners | GBp | 26.625 | -0.125 | -0.47% | 26.75 | 26.75 | 26 | 133,702 | 11-Oct | -35.06% | -16.80% | ||
North America | Aberdeen Int’l | CAD | 0.73 | 0.09 | 14.06% | 0.67 | 0.74 | 0.67 | 270,108 | 11-Oct | -9.72% | 46.92% | |
Blue Zen Mem. Parks | CAD | 0.16 | 0 | 0.00% | 0.16 | 0.16 | 0.16 | 0 | 7-Oct | ||||
Centerra Gold | CAD | 19.7 | 0.46 | 2.39% | 19.45 | 19.95 | 18.6 | 343,927 | 11-Oct | 1.42% | 16.18% | ||
China Gold | CAD | 3.28 | 0.13 | 4.13% | 3.2 | 3.31 | 3.08 | 489,703 | 11-Oct | -39.59% | -30.95% | ||
Denison Mines | CAD | 1.21 | 0.07 | 6.14% | 1.2 | 1.23 | 1.16 | 1,272,967 | 11-Oct | -64.52% | -34.24% | ||
Denison Mines | $ | 1.18 | 0.04 | 3.51% | 1.16 | 1.2 | 1.13 | 768,733 | 11-Oct | -65.50% | -36.90% | ||
East Asia Minerals | CAD | 0.66 | -0.03 | -4.35% | 0.62 | 0.69 | 0.61 | 368,180 | 11-Oct | -91.86% | -90.62% | ||
Entree Gold | $ | 1.55 | 0 | 0.00% | 1.62 | 1.63 | 1.48 | 77,582 | 11-Oct | -55.20% | -46.55% | ||
Erdene Resource | CAD | 0.5 | 0 | 0.00% | 0.5 | 0.5 | 0.5 | 10,000 | 11-Oct | -59.68% | 0.00% | ||
Entree Gold | CAD | 1.59 | 0.04 | 2.58% | 1.65 | 1.68 | 1.53 | 44,320 | 11-Oct | -54.18% | -44.41% | ||
Fortress Minerals | CAD | 5.21 | 0 | 0.00% | 0 | 8-Jun | |||||||
Garrison Int’l | CAD | 0.025 | 0 | 0.00% | 0.025 | 0.025 | 0.025 | 0 | 3-Oct | -58.33% | |||
Gulfside Minerals | CAD | 0.085 | 0.01 | 13.33% | 0.085 | 0.09 | 0.085 | 50,000 | 11-Oct | -10.53% | -29.17% | ||
Green Tech Solutions | $ | 0.125 | 0.013 | 11.61% | 0.123 | 0.13 | 0.11 | 103,830 | 11-Oct | ||||
Ivanhoe Energy | CAD | 1.19 | 0.04 | 3.48% | 1.2 | 1.21 | 1.17 | 279,094 | 11-Oct | -56.25% | -50.42% | ||
Ivanhoe Energy | $ | 1.14 | 0 | 0.00% | 1.15 | 1.18 | 1.14 | 388,347 | 11-Oct | -58.09% | -51.28% | ||
Ivanhoe Mines | CAD | 16.5 | -0.27 | -1.61% | 16.99 | 17.1 | 16.3 | 1,365,402 | 11-Oct | -28.26% | -29.63% | ||
Ivanhoe Mines | $ | 16.01 | -0.61 | -3.67% | 16.47 | 16.6 | 15.83 | 3,038,744 | 11-Oct | -30.15% | -31.05% | ||
Kincora Copper | CAD | 0.31 | 0 | 0.00% | 0.31 | 0.31 | 0.31 | 0 | 4-Oct | ||||
Khan Resources | CAD | 0.255 | 0.005 | 2.00% | 0.25 | 0.255 | 0.25 | 27,300 | 11-Oct | -46.88% | -33.77% | ||
Long Harbour | CAD | 0.35 | 0 | 0.00% | 0 | 10-Mar | |||||||
Lucky Strike | CAD | 0.69 | 0 | 0.00% | 0.75 | 0.75 | 0.69 | 0 | 5-Oct | ||||
Meritus Minerals | CAD | 0.04 | 0 | 0.00% | 0.04 | 0.04 | 0.04 | 0 | 6-Oct | -85.96% | |||
Manas Petroleum | $ | 0.2 | 0 | 0.00% | 0.2 | 0.2 | 0.18 | 79,100 | 11-Oct | -66.67% | -60.00% | ||
Blue Wolf Mongolia | $ | 9.58 | 0 | 0.00% | 9.65 | 9.65 | 9.58 | 0 | 13-Sep | ||||
Blue Wolf Mongolia | $ | 10.33 | 0.13 | 1.27% | 10.3 | 10.33 | 10.3 | 5,500 | 11-Oct | ||||
Manas Petroleum | CAD | 0.43 | 0 | 0.00% | 0 | 10-May | |||||||
Prophecy Coal | CAD | 0.52 | 0.05 | 10.64% | 0.49 | 0.51 | 0.485 | 66,254 | 11-Oct | -40.45% | 5.51% | ||
Puget Ventures | CAD | 0.36 | 0 | 0.00% | 0 | 6-Aug | |||||||
SouthGobi Resources | CAD | 7.59 | 0.2 | 2.71% | 7.6 | 7.66 | 7.4 | 61,450 | 11-Oct | -37.68% | -24.85% | ||
Solomon Resources | CAD | 0.08 | 0 | 0.00% | 0.085 | 0.085 | 0.08 | 101,000 | 11-Oct | ||||
Wedge Energy | CAD | 0.015 | 0 | 0.00% | 0 | 3-Aug | |||||||
Mongolia Growth Group | CAD | 4.59 | -0.04 | -0.86% | 4.6 | 4.65 | 4.59 | 23,078 | 11-Oct |
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"Mogi" Munkhdul Badral
Senior Client Manager / Executive Director
CPS International LLC
Telephone/Fax: +976-11-321326
Mobile: +976-99996779
Email: mogi@cpsinternational.mn
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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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