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Thursday, December 29, 2011

[CPSI NewsWire: Westhouse Update on MATD: BUY, Target Price 44p]

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.

Wish to subscribe or unsubscribe? Let me know.

See Mongolia related quotes at bottom of newsletter

 

MATD closed 24p

Research Update – Petro Matad, BUY TP 44p

December 8 (Westhouse Securities) --

Much more to go for

Petro Matad’s 2011 work programme significantly reduced the size of the potentially producible reserves in the Davsan Tolgoi area, but increased the prospectivity of the other areas of the company’s acreage.

During 2011, Petro Matad discovered a new petroleum system in the Tugrug basin in Block V, as well as enhancing prospectivity elsewhere on its acreage. The company continues to work on these opportunities, as well as evaluating the commerciality of the oil accumulations at Davsan Tolgoi. There remains much more to go for.

---------

 

Morgan Stanley Securities Holds 5.94%, Lansdowne Partners 16.9% of Origo

December 28, Origo Partners Plc (LON:OPP) --

Link to Holdings Notice of MSSL

Link to Holdings Notice of Lansdowne

 

Guildford: Notice of EGM

December 29, Guildford Coal Limited (ASX:GUF) --

Link to release

 

NAT'L COMMITTEE (on HDF Distribution) TO BE CHAIRED BY PREMIER

Ulaanbaatar, Mongolia, December 28 /MONTSAME/ In accordance with a cabinet decision made on Wednesday, a national committee will be chaired by the Prime Minister S.Batbold in responsible for working out a draft decision of the government concerning distribution of benefits for people from the Human Development Fund (HDF) and granting stocks and cash money to citizens.

In a scope of the distribution works MNT 1.5 million for every citizen, the national committee was obliged to discuss an issue on a rule for the handouts for citizens, at a cabinet meeting in January of this year. In addition, the national committee was ordered to create a master plan on training and propaganda on stock exchanges in order to improve knowledge of people about shares.

Link to article`

 

New election law stipulates candidates must resign from public duty 6 months prior to election

SOME (Agency) HEADS DISCHARGED FROM OFFICES

Ulaanbaatar, Mongolia, December 28 /MONTSAME/ The cabinet made on Wednesday a decision to discharge heads and deputy heads of state organizations from the offices.

In respect of own request, a head of the Auto Transportation Department B.Tsengel; head of the Mineral Resource Authority D.Batkhuyag; and head of the General Office of State Registration L.Monkhbaatar were discharged from the offices. Moreover, deputy heads of the Department of Information and Communications and the General Customs Office were discharged from the offices.

In conjunction with accepting another office, the State Secretary of the Ministry of Foreign Affairs D.Tsogtbaatar was discharged from the office as well.

Link to article

 

CABINET BACKS DRAFT LAWS ON RATIFICATION OF SOME AGREEMENTS

Ulaanbaatar, Mongolia, December 28 /MONTSAME/ On Wednesday, the cabinet discussed and backed a draft law on ratifying a financial cooperation agreement established between the governments of Mongolia and the Republic of Austria. It will be submitted to the State Great Khural.

In accordance with the agreement to be valid for two years, a soft-loan of up to EUR 40 million will be granted to Mongolia and the money will be spent for certain spheres.

The same day, the cabinet discussed and backed a financial general agreement for the investment program on developing the vertical autoroads of western region, and then decided to submit it to the State Great Khural. It is expected that the 743.1 km vertical autoroads of the western region will be constructed in 7-10 years, with financing of USD 262 million from the government of Mongolia and the Asian Development Bank.

The cabinet backed a draft law on ratifying a Mongolia-South Korea intergovernmental general agreement on granting a loan to Mongolia in 2011-2015 from the Korea's Economic Development Cooperation Fund (EDCF). It will be submitted to parliament as well. This loan will be used for a project on constructing the national diagnosis and treatment center and for implementing other projects.

Link to article

 

CABINET MEETING IN BRIEF (e.g. draft amendment on ban on new license backed)

Ulaanbaatar, Mongolia, December 28 /MONTSAME/ The cabinet meeting held on Wednesday approved a plan of realizing the basic guideline of Mongolian socio-economic development for 2012. In frames of the 21 basic purposes, 145 goals have been reflected in the basic guideline, and it has been passed by parliament.

- Related Ministers were ordered to make a clarification on the next year's budget in order to grant apartments to the remaining war veterans. As of today, 77 war veterans have received cash money, and 1,543 veterans-apartments.

- Initiated by the State Head, a draft amendment to the law on prohibit of granting new special licenses of mineral exploration was backed in principle by the cabinet. Some proposals will be conveyed to the initiator.

- The cabinet discussed a draft amendment to the law on donors and then decided to submit it to the State Great Khural, reflecting proposals from some MPs. The cabinet also discussed and backed a matter on joining the International Telecommunication Union's (ITU) Convention. It will be consulted with a related Standing committee of parliament.

- The fund of historical and cultural valuables accepted a number of antique paper money and coins related to Yuan Dynasty and the Great Mongolian Empire.

Link to article

 

Standing Committee discusses free trade zones

December 28 (news.mn) Committee on Security and Foreign Policy heard First Deputy Prime Minister N.Altankhuyag’s report on establishing free trade zones on Wednesday.

N.Altankhuyag said the Government has decided to establish free trade zones in Zamiin-Uud soum in Dornogobi aimag, Altanbulag in Selenge aimag, Tsagaan Nuur soum in Bayan-Ulgii aimag, and Choir in Dornogobi aimag. 

N.Altankhuyag explained that establishment of the free trade zones has been delayed due to inexperience and existing laws that are in conflict with the zones. He also said the state has constructed buildings in the zones, but infrastructure is still lacking. He said road construction will begin next spring.

Sh.Saikhansambuu asked about building a casino in Zamiin-Uud instead of establishing a free trade zone, since China’s productivity would make it hard for that zone to succeed. He suggested that the Government prepare a draft law to establish a casino in Zamiin-Uud. Saikhansambuu also said if Parliament approves a casino, private businesses will help build infrastructure.

N.Altankhuyag did not respond to the suggestion of building a casino in Zamiin-Uud. 

Link to article

 

2011 Top 100 Tax Payer Companies

December 26 (InfoMongolia.com) --

Link to article

 

MONGOLIAN CONSULATE OPENS IN SHANGHAI

Ulaanbaatar, Mongolia, December 28 /MONTSAME/ The Consulate of Mongolia has opened in Shanghai city of the People's Republic of China.

An opening ceremony took place on December 23 with participation of D.Gankhuyag, director of the Consular Department of the Mongolia's Ministry of Foreign Affairs; Ts.Sukhbaatar, the Ambassador Extraordinary and Plenipotentiary of Mongolia to China; Sha Hailin, Deputy Government Secretary of Shanghai and Chairman of the Shanghai Municipal Government; representatives of Jiangsu and Zhejiang provinces to Shanghai; and consular representatives of foreign countries in Shanghai.

The ceremony was opened by Mr. D.Davaasuren, the Consul of Mongolia to Shanghai. He expressed thanks to the Foreign Ministry of China and the administration of Shanghai for supporting Mongolia to open the Consulate. He promised to make his efforts to forward the Mongolia-China cooperation in the fields of economics, culture, education and tourism and to protect interests of Mongolians living in the consular zone.

Appreciating a present situation of the Mongolia-China relations and cooperation, Mr. Hailin pointed out that opening of the Mongolian Consulate in Shanghai gives an opportunity to have more knowledge about Mongolia, and then hoped the Consulate will become a bridge for ties between Mongolia and Shanghai.

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

4,088.80

-51.60

-1.25%

4,140.10

4,142.60

4,086.20

-

28-Dec

 

 

Nikkei 225

NKY:IND

8,423.62

-16.94

-0.20%

8,426.09

8,456.66

8,414.90

-

28-Dec

 

 

Hang Seng

HSI:IND

18,518.67

-110.50

-0.59%

18,621.50

18,621.50

18,461.97

-

28-Dec

 

 

MSE Top 20

MSETOP:IND

20,581.10

1,016.30

5.19%

20,581.10

20,581.10

20,581.10

-

28-Dec

 

 

FTSE 100

UKX:IND

5,507.40

-5.30

-0.10%

5,512.70

5,567.86

5,490.96

-

28-Dec

 

 

TSX Composite

SPTSX:IND

11,728.41

-198.26

-1.66%

11,893.36

11,916.95

11,709.77

-

28-Dec

 

 

S&P 500

SPX:IND

1,249.64

-15.79

-1.25%

1,265.38

1,265.85

1,248.64

-

28-Dec

ASX

Aspire Mining

AKM:AU

A$

0.38

-0.01

-2.56%

0.395

0.405

0.38

2,104,985

28-Dec

-20.83%

-21.65%

Blina Minerals

BDI:AU

A$

0.004

0

0.00%

0.005

0.005

0.004

0

23-Dec

-73.33%

-71.43%

Draig Resources

DRG:AU

A$

0.042

0

0.00%

0.041

0.042

0.04

0

25-Nov

50.00%

90.91%

FeOre

FEO:AU

A$

0.28

0.005

1.82%

0.28

0.28

0.28

2,000

28-Dec

General Mining

GMM:AU

A$

0.041

-0.007

-14.58%

0.047

0.047

0.041

100,000

28-Dec

-65.83%

-68.46%

Guildford Coal

GUF:AU

A$

0.705

0.005

0.71%

0.7

0.705

0.685

79,655

28-Dec

-3.42%

-6.00%

Haranga Resources

HAR:AU

A$

0.29

-0.01

-3.33%

0.3

0.3

0.29

30,000

28-Dec

-54.69%

-48.67%

Hunnu Coal

HUN:AU

A$

1.795

0

0.00%

1.78

1.795

1.78

0

16-Nov

34.46%

48.35%

Modun Resources

MOU:AU

A$

0.039

-0.001

-2.50%

0.041

0.042

0.039

778,000

28-Dec

290.00%

290.00%

Mongolian Res Corp

MUB:AU

A$

0.125

0

0.00%

0.125

0.125

0.125

0

22-Dec

-65.28%

Robe Australia

ROB:AU

A$

0.014

-0.003

-17.65%

0.015

0.016

0.014

1,616,667

28-Dec

49.73%

Voyager Resources

VOR:AU

A$

0.068

0

0.00%

0.068

0.069

0.067

849,303

28-Dec

26.81%

71.19%

Xanadu Mines

XAM:AU

A$

0.34

0.025

7.94%

0.32

0.34

0.32

29,705

28-Dec

-39.82%

-41.38%

MSE

A Board

Aduunchuluun 

ADL:MO

MNT

5,900

700

13.46%

5,900

5,900

5,500

110

28-Dec

-26.25%

-26.25%

APU

APU:MO

MNT

3,850

250

6.94%

3,699

3,850

3,699

665

28-Dec

93.47%

93.66%

Atar Urguu

ATR:MO

MNT

0

Baganuur 

BAN:MO

MNT

13,000

-300

-2.26%

13,000

13,000

13,000

10

28-Dec

23.81%

29.35%

Mogoin Gol

BDL:MO

MNT

31,000

0

0.00%

30,000

31,499

30,000

1,200

28-Dec

162.71%

162.71%

BDSec 

BDS:MO

MNT

3,500

0

0.00%

3,500

3,500

3,500

20

28-Dec

40.00%

40.00%

Bayangol Hotel

BNG:MO

MNT

35,950

950

2.71%

35,900

35,950

35,900

12

28-Dec

50.42%

50.42%

Bayanteeg 

BTG:MO

MNT

31,625

4125

15.00%

29,900

31,625

29,900

11

28-Dec

UB BUK

BUK:MO

MNT

32,500

0

0.00%

32,500

32,500

32,500

0

26-Dec

615.07%

733.33%

Eermel

EER:MO

MNT

2,703

0

0.00%

2,800

2,800

2,703

0

27-Dec

-5.98%

8.12%

Gobi 

GOV:MO

MNT

5,055

-95

-1.84%

5,101

5,200

5,055

6,369

28-Dec

-9.73%

-9.73%

Gutal

GTL:MO

MNT

2,500

0

0.00%

2,500

2,500

2,500

0

16-Dec

Hi B Oil

HBO:MO

MNT

180

0

0.00%

180

180

180

0

26-Dec

0.00%

5.88%

Khukh Gan

HGN:MO

MNT

200

16

8.70%

189

200

183

13,527

28-Dec

6.95%

6.95%

Hermes Centre

HRM:MO

MNT

58

-2

-3.33%

58

58

58

344

28-Dec

7.41%

9.43%

Jenko Tour Bureau

JTB:MO

MNT

91

0

0.00%

92

92

91

3,588

28-Dec

-3.19%

-3.19%

Telecom Mongolia

MCH:MO

MNT

2,800

0

0.00%

2,800

2,800

2,800

0

26-Dec

-20.00%

-18.96%

Mongolia Dev Res

MDR:MO

MNT

1,050

0

0.00%

1,050

1,050

1,050

0

27-Dec

-19.23%

Moninjbar

MIB:MO

MNT

135

0

0.00%

135

135

135

7,407

28-Dec

17.39%

17.39%

Mongol Nekhmel

MNH:MO

MNT

3,280

0

0.00%

3,280

3,280

3,280

0

26-Dec

152.31%

Hotel Mongolia

MSH:MO

MNT

899

0

0.00%

899

899

899

0

27-Dec

60.54%

Darkhan Nekhii

NEH:MO

MNT

6,200

0

0.00%

6,200

6,200

6,200

113

28-Dec

26.53%

24.00%

Nak Tulsh

NKT:MO

MNT

175

0

0.00%

175

175

175

0

23-Dec

-46.15%

-50.00%

Olloo

OLL:MO

MNT

247

-23

-8.52%

250

250

240

64,032

28-Dec

64.67%

64.67%

Remikon 

RMC:MO

MNT

179

4

2.29%

173

179

172

80,503

28-Dec

148.61%

152.11%

Sharyn Gol 

SHG:MO

MNT

11,350

0

0.00%

11,350

11,350

11,350

85

28-Dec

8.10%

10.19%

Shivee Ovoo

SHV:MO

MNT

15,200

400

2.70%

15,300

15,300

15,001

118

28-Dec

16.92%

23.53%

Sor

SOR:MO

MNT

3,400

-420

-10.99%

3,400

3,400

3,400

3

28-Dec

353.33%

325.00%

Suu 

SUU:MO

MNT

65,000

2999

4.84%

65,000

65,000

65,000

10

28-Dec

209.72%

209.72%

Tav

TAV:MO

MNT

32,500

0

0.00%

32,500

32,500

32,500

0

14-Dec

Talkh Chikher

TCK:MO

MNT

10,900

900

9.00%

10,900

10,900

10,900

1

28-Dec

194.60%

198.63%

Tavantolgoi

TTL:MO

MNT

10,000

1000

11.11%

9,000

10,350

9,000

11,290

28-Dec

73.61%

73.91%

State Dept Store 

UID:MO

MNT

530

10

1.92%

501

530

501

1,498

28-Dec

23.26%

27.71%

Ulaanbaatar Hotel

ULN:MO

MNT

44,000

0

0.00%

44,000

44,000

44,000

0

27-Dec

60.00%

60.00%

Mongol Savkhi

UYN:MO

MNT

2,250

-338

-13.06%

2,250

2,250

2,250

83

28-Dec

309.09%

322.93%

Zoos Goyol

ZOO:MO

MNT

855

35

4.27%

820

855

820

416

28-Dec

8.23%

6.88%

HKEx

Solartech Int’l

1166:HK

HKD

0.184

-0.004

-2.13%

0.186

0.186

0.182

2,599,810

28-Dec

-80.83%

-80.83%

Winsway

1733:HK

HKD

2.31

-0.04

-1.70%

2.33

2.34

2.26

2,568,000

28-Dec

-48.60%

-47.59%

SouthGobi Resources

1878:HK

HKD

45.7

0.7

1.56%

44.45

46.3

44.45

45,100

28-Dec

-54.07%

-53.37%

China Gold

2099:HK

HKD

18

0

0.00%

18

18.1

17.6

92,900

28-Dec

-57.14%

-56.10%

CNNC Int’l

2302:HK

HKD

2.07

-0.04

-1.90%

2.05

2.08

2.02

269,000

28-Dec

-76.21%

-75.50%

Real Gold Mining

246:HK

HKD

8.81

0

0.00%

8.81

8.81

8.81

0

28-Dec

-34.28%

-34.95%

Mongolia Energy

276:HK

HKD

0.72

-0.02

-2.70%

0.74

0.74

0.72

6,181,000

28-Dec

-68.97%

-68.42%

Zijin Mining

2899:HK

HKD

2.93

-0.07

-2.33%

2.93

2.94

2.87

17,804,718

28-Dec

-37.89%

-35.93%

Mongolia Inv Group

402:HK

HKD

0.049

0.001

2.08%

0.048

0.049

0.047

3,586,000

28-Dec

-66.89%

-64.75%

North Asia Resources

61:HK

HKD

0.215

-0.024

-10.04%

0.213

0.215

0.213

20,000

28-Dec

-76.37%

-76.88%

China Daye Non-Fer.

661:HK

HKD

0.425

0.005

1.19%

0.42

0.425

0.415

8,050,000

28-Dec

-24.11%

-21.30%

Bestway Int’l

718:HK

HKD

0.063

0.001

1.61%

0.067

0.067

0.063

20,000

28-Dec

-55.32%

-53.68%

Asia Coal

835:HK

HKD

0.105

0

0.00%

0.105

0.105

0.105

0

28-Dec

-58.00%

-56.25%

Mongolian Mining

975:HK

HKD

5.7

-0.22

-3.72%

5.81

5.81

5.64

2,231,500

28-Dec

-37.16%

-36.88%

SGX

LionGold

LIGO:SP

SGD

0.86

0

0.00%

0.86

0.865

0.855

0

28-Dec

17.81%

19.44%

LSE

Central Asia Metals

CAML:LN

GBp

56.75

-0.125

-0.22%

56.75

56.75

56.75

12,000

28-Dec

-37.12%

-35.51%

Petro Matad

MATD:LN

GBp

25.125

-0.375

-1.47%

25.5

25.5

25.125

191,451

28-Dec

-79.41%

-76.52%

Metal-Tech

MTT:LN

GBp

3.75

0

0.00%

3.75

3.75

3.75

0

28-Dec

-75.81%

-73.21%

Origo Partners

OPP:LN

GBp

35

0

0.00%

35

35

35

25,978

28-Dec

-14.63%

-14.63%

Tembusu

TIL:LN

GBp

2.375

0

0.00%

2.375

2.375

2.375

0

28-Dec

North

America

Aberdeen Int’l

AAB:CN

CAD

0.57

-0.03

-5.00%

0.56

0.58

0.56

68,225

28-Dec

-29.51%

-23.02%

Blue Zen Mem. Parks

BZM:CN

CAD

0.06

0

0.00%

0.06

0.06

0.06

0

23-Dec

Centerra Gold

CG:CN

CAD

17.46

-0.81

-4.43%

18.27

18.32

17.255

217,784

28-Dec

-10.11%

-10.52%

China Gold

CGG:CN

CAD

2.29

0.01

0.44%

2.27

2.35

2.27

291,951

28-Dec

-57.83%

-56.30%

Denison Mines

DML:CN

CAD

1.29

-0.02

-1.53%

1.3

1.3

1.25

630,894

28-Dec

-62.17%

-60.06%

Denison Mines

DNN:US

USD

1.22

-0.05

-3.94%

1.25

1.28

1.22

1,070,366

28-Dec

-64.33%

-63.03%

East Asia Minerals

EAS:CN

CAD

0.475

-0.055

-10.38%

0.51

0.51

0.475

146,000

28-Dec

-94.09%

-93.50%

Entree Gold

EGI:US

USD

1.13

0.02

1.80%

1.12

1.17

1.11

62,729

28-Dec

-67.34%

-66.57%

Erdene Resource

ERD:CN

CAD

0.33

0.015

4.76%

0.335

0.34

0.33

50,850

28-Dec

-73.39%

-74.02%

Entree Gold

ETG:CN

CAD

1.16

-0.02

-1.69%

1.14

1.19

1.14

45,400

28-Dec

-66.57%

-62.94%

Fortress Minerals

FST:CN

CAD

3.95

0

0.00%

3.95

3.95

3.95

0

21-Dec

-9.20%

-12.22%

Garrison Int’l

GAU:CN

CAD

0.015

0

0.00%

0.015

0.015

0.015

0

22-Dec

-83.33%

-78.57%

Gulfside Minerals

GMG:CN

CAD

0.07

-0.015

-17.65%

0.07

0.07

0.06

23,459

28-Dec

-26.32%

-30.00%

Green Tech Solutions

GTSO:US

USD

0.03

-0.0049

-14.04%

0.03

0.035

0.026

156,274

28-Dec

Ivanhoe Energy

IE:CN

CAD

1.03

0.01

0.98%

1.02

1.069

0.95

441,650

28-Dec

-62.13%

-63.48%

Ivanhoe Energy

IVAN:US

USD

1.02

0.04

4.08%

0.98

1.04

0.93

1,086,574

28-Dec

-62.50%

-62.22%

Ivanhoe Mines

IVN:CN

CAD

17.72

-0.59

-3.22%

18.01

18.06

17.508

814,827

28-Dec

-22.96%

-23.22%

Ivanhoe Mines

IVN:US

USD

17.28

-0.52

-2.92%

17.75

17.77

17.135

1,987,623

28-Dec

-24.61%

-25.97%

Kincora Copper

KCC:CN

CAD

0.3

0.03

11.11%

0.3

0.3

0.3

8,500

28-Dec

11.11%

33.33%

Khan Resources

KRI:CN

CAD

0.2

0

0.00%

0.2

0.2

0.2

2,200

28-Dec

-58.33%

-55.56%

Lucky Strike

LKY:CN

CAD

0.4

-0.01

-2.44%

0.41

0.41

0.4

28,000

28-Dec

-72.41%

-74.19%

Lucky Strike

LKYSF:US

USD

0.3677

0

0.00%

0.3677

0.3677

0.3677

0

5-Dec

-74.08%

-76.87%

Meritus Minerals

MER:CN

CAD

0.025

0.005

25.00%

0.025

0.025

0.025

10,000

28-Dec

-87.50%

-86.49%

Manas Petroleum

MNAP:US

USD

0.15

0

0.00%

0.14

0.15

0.14

139,801

28-Dec

-75.00%

-72.22%

Mongolia Growth Grp

MNGGF:US

USD

3.8964

-0.0326

-0.83%

3.95

3.95

3.885

19,600

28-Dec

 

 

Blue Wolf Mongolia

MNGL:US

USD

9.51

0

0.00%

9.6001

9.6001

9.4899

0

23-Dec

 

 

Blue Wolf Mongolia

MNGLU:US

USD

10.05

0

0.00%

10

10.0501

10

700

28-Dec

Manas Petroleum

MNP:CN

CAD

0.17

0

0.00%

0.17

0.17

0.17

0

19-Dec

Prophecy Coal

PCY:CN

CAD

0.41

-0.02

-4.65%

0.43

0.43

0.395

314,600

28-Dec

-52.58%

-49.01%

Prophecy Coal

PRPCF:US

USD

0.4

0

0.00%

0.4205

0.429

0.384

90,870

28-Dec

-54.64%

-51.30%

Puget Ventures

PVS:CN

CAD

0.49

0

0.00%

0

17-Sep

SouthGobi Resources

SGQ:CN

CAD

5.91

-0.46

-7.22%

6.3

6.3

5.8

107,319

28-Dec

-51.48%

-51.87%

Solomon Resources

SRB:CN

CAD

0.07

0

0.00%

0.07

0.07

0.07

1,130

28-Dec

-67.44%

Undur Tolgoi Minerals

UTM:CN

CAD

0.2

0

0.00%

0.2

0.2

0.2

1,000

28-Dec

 

3900.00%

Mongolia Growth Grp

YAK:CN

CAD

3.98

-0.02

-0.50%

4

4

3.98

41,685

28-Dec

 

 

 

---

"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.

 

Suite 1213 · Level 12 · 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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