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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HKEx on Lunar New Year Holiday 23-25 January
See Mongolia related quotes at bottom of newsletter
SHG closed +3.48% Monday to ₮10,100
SHARYN GOL JSC ANNOUNCES APPROVAL OF A NEW MINERAL RESERVE WITH MRAM AND ADVISES OF CHANGES TO THE BOARD OF DIRECTORS
Ulaanbaatar, Mongolia, January 24 (via BDSec website) - Sharyn Gol JSC ("Sharyn Gol") (SHG:MO) is pleased to announce that the Mineral Authority of Mongolia (MRAM), has approved a newly revised mineral reserve of 146.3 million tonne at the Company's flagship thermal coal project in northern Mongolia. The reserve is fully compliant with the Mongolian Mineral Reserve Reporting Standard and registered with the Mongolian Mineral Reserve Fund . This more than doubles Sharyn Gol's previous reserve estimate, and follows on from the 2010 drilling program, which established a 374 million tonne, largely measured and indicated, JORC Compliant Resource, of sub-bituminous thermal coal at the site.
The Company is also pleased to announce that Mr. Graham Chapman has been appointed to the board of directors of the company, following the resignation of Mr. Ian Spence. Mr. Chapman, a British citizen, is also currently the Chief Executive Officer of Hulaan Coal Corporation, a private Canadian company developing coal projects in Mongolia. Mr. Chapman has over 30 years of experience in the coal industry and business development and was formerly a Vice President of Strategy at BHP Billiton.
Chairman Batkhuu Batmunkh added "The newly approved reserve is a significant landmark in the redevelopment of Sharyn Gol. Also, we are delighted to add someone of Graham's calibre and experience to our Board, and his expertise will prove to be invaluable as we continue with our modernization program at the operation."
XAM at 33c with no trade on Monday and early Tuesday
Xanadu Acquires Copper-Gold Exploration Licenses in South Gobi
January 23, Xanadu Mines Limited (ASX:XAM) --
· HIGHLY PROSPECTIVE SOUTH GOBI PORPHYRY COPPER-GOLD EXPLORATION LICENSES ACQUIRED BY XANADU MINES.
· DETAILED GROUND EXPLORATION TO COMMENCE SHORTLY.
Xanadu Mines Ltd (Xanadu) (ASX:XAM) is pleased to announce the finalisation of a farm-in agreement on the extensive Amgalant and Argalant Uul porphyry copper-gold exploration licenses ("the Project"). Under the terms of the agreement, Xanadu Mines can earn up to 80% of the Amgalant and Argalant Uul exploration licences by meeting various spending commitments over 2 years. Initially Xanadu will issue shares as consideration for the purchase of the licenses, the equivalent of US$500,000.
The two exploration licenses, which present a rare opportunity in the current market for porphyry copper targets, are located in the south Gobi region of southern Mongolia, approximately 460 kilometres southeast of the capital of Ulaanbaatar (Figure 1), in the central part of the highly prospective south Gobi porphyry belt. They are approximately 110 kilometres northeast of the world-class Oyu Tolgoi Cu-Au Project & proximal to the large undeveloped Tsagaan Suvarga copper‐molybdenum deposit (Figure 2). The southern Mongolian Palaeozoic magmatic belt hosts most of the known porphyry and intrusion-related mineralisation in the south Gobi.
Both exploration licenses Amgalant (15157X) & Argalant (15259X) were granted in 2008 for 9 years, therefore allowing Xanadu sufficient time to carry out an extensive exploration and resource drilling program.
NEW COPPER LICENCES COVER MORE THAN 1,000 SQ KMS
Both exploration licenses are large (Amgalant – approximately 109 square kilometres and Argalant Uul – approximately 895 square kilometres), remain relatively under explored and occur in a shallowly eroded porphyry-type environment. Initial exploration has identified numerous, large geophysical anomalies similar to the footprints recognised at Oyu Tolgoi and could indicate the presence of porphyry mineralisation at depth.
The Amgalant and Argalant Uul porphyry copper-gold exploration licenses were identified as the result of the systematic evaluation of prospective mineral belts in Mongolia by Xanadu's geological team. A substantial exploration effort will be undertaken on both exploration licenses given the potential for the discovery of large concealed porphyry deposits.
Both Amgalant and Argalant Uul projects underpin the core strategy of Xanadu Mines which aims to identify and develop significant porphyry copper-gold deposit opportunities, close to existing infrastructure which will meet anticipated current and future demand for metal from China and North Asian markets.
Commenting on the transaction, Xanadu's Chairman Brian Thornton said "at a time when prospective ground is increasingly difficult to acquire, both Amgalant and Argalant, promise a significant new metals opportunity for Xanadu's shareholders in the proven world class south Gobi porphyry copper belt. Our strategy is to focus on 2 key minerals – copper-gold and coking coal in 2012, next to the world's largest consumer of both, which is China ."
AKM up 8% to 40.5 at time of writing
Aspire Mines Investor Presentation, January 2012
January 23, Aspire Mining Limited (ASX:AKM) --
STOCK EXCHANGE WEEKLY REVIEW
Ulaanbaatar, Mongolia, January 23 /MONTSAME/ Five stock trades were held at Mongolia's Stock Exchange on January 16-20. In overall, 2.3 million shares were sold of 80 joint-stock companies totaling MNT 3.2 billion.
Index TOP-20 was 20179.70 points increasing 99.7 units or 0.5% against the week earlier. The total market capitalization was set at MNT one trillion 999.3 billion decreasing MNT 27.0 billion or 1.3%.
Shares of "Ondorkhaan" /100.6%/, "Tsagaantolgoi" /100.5%/, and "Monasar" /74.3%/ increased, but shares of "Mongol savkhi" /23.5%/, "Bayan-aldar" /20.4%/, and "Aduunchuluun" /20.0%/ decreased.
32 stocks closed higher, 39 shares declined and nine shares remained unchanged.
Shares of "Genco tour bureau" /1.5 million units/, "Hermes center" /207.1 thousand units/ and "Remikon" /196.5 thousand units/ were the most actively traded in terms of trading volume and in terms of trading value--"Shivee ovoo" (MNT 2.7 billion), "Tavantolgoi" (MNT 162.5 million), and "Genco tour bureau" (136.7 million).
Coalition government officially disbands
January 23 (news.mn) After three years and four months, Mongolia's coalition government officially disbanded on Friday. Parliament formally dismissed the six DP ministers who had tendered their resignations upon the DP's withdrawal from the coalition.
MPP MPs were critical of the DP's decision, asking why, if only 80 percent of the coalition's goals have been achieved, the DP ministers could not remain in the coalition to achieve the final 20 percent.
DP Chairman N.Altankhuyag stated that the coalition government has implemented enough works, such as providing economic growth and improving people's lives. He added that there are many works yet to be done, some of which have been delayed due to public interests. He said that loan interest rates for small- and middle-sized businesses have been reduced from 12 percent to seven percent, and the amount of loans granted has reached MNT 30 billion. He also said MNT 24 billion has been allocated to soum development funds, and the free trade zones of Altanbulag and Zamiin-Uud will soon be opened. He also noted that new smart ID cards will be issued to citizens.
Prime Minister S.Batbold has issued an order reassigning the duties of the resigning ministers. The order states that Deputy Prime Minister M.Enkhbold will assume the duties of First Deputy Prime minister; Foreign Affairs and Trade Minister G.Zandanshatar will assume the duties of Defense Minister; Chief of Cabinet Secretariat Ch.Khurelbaatar will assume the duties of Finance Minister; Education, Culture and Science Minister Yo.Otgonbayar will assume the duties of Nature, Environment and Tourism Minister; Mineral Resources and Energy Minister D.Zorigt will assume the duties of Road, Transportation and Urban Development Minister; and Social Welfare and Labor Minister T.Gandi will assume the duties of Health Minister.
SOME (Acting) MINISTERS APPOINTED
Ulaanbaatar, Mongolia, january 23 /MONTSAME/ In view of a parliamentary resolution on discharging some cabinet members from the posts, S.Batbold PM has released an order.
Accordingly, current Deputy Premier M.Enkhbold has received duties of a First Deputy Premier; the Foreign Minister G.Zandanshatar--duties of Defense Minister; the head of the Cabinet Secretariat Ch.Khurelbaatar--duties of Finance Minister; the Minister of Education, Culture and Science Yo.Otgonbayar--duties of Minister of Environment and Tourism; the Minister of Mineral Resources and Energy D.Zorigt--of Minister of Road, Transportation, Construction and Urban Development; and the Minister of Social Welfare and Labor T.Gandi--of Minister of Health Minister.
They will work as the acting ministers until appointment of the six ministers.
ACA arrests governor of Gobisumber aimag
January 23 (news.mn) Anti Corruption Authority (ACA) investigators arrested J.Bayanmunkh, the governor of Gobisumber aimag, on January 20.
J.Bayanmunkh was arrested at his office and was transported to Ulaanbaatar. He is being held in a detention unit of the Court Decision Enforcement General Office.
J.Bayanmunkh is accused of abusing his authority and of allowing the factory Ilchleg Ovoo in Shiveegobi soum to be mismanaged to the benefit of his friend. Sources also say he is alleged to have embezzled money from the state budget.
Delegates to the 2011 MPP conference discussed relieving J.Bayanmunkh of his duties due to poor performance. He has submitted his resignation to Prime Minister S.Batbold, said one source.
"Coal Mongolia" forum to attract 700 delegates
January 24 (news.mn) The Ministry of Mineral Resources and Energy, the National Development and Renovation Committee (NDRC), and the mining sector website mining.mn are jointly organizing a forum for international investors called "Coal Mongolia 2012" at the SS convention center on February 9 and 10.
The forum would be organized under the theme "Coal, the Engine of Mongolia's Fast-Growing Economy." About 700 delegates are expected to attend.
Deputy Chief of Fuel Policy of the Ministry of Mineral Resources and Energy N.Boldkhuu, Chief of NDRC Ch.Khashchuluun, and Executive Director of mining.mn website B.Altanshagai told journalists about the forum last Friday.
Officials stated that the forum hopes to attract investment to coal exploration, exploitation, and processing projects; disseminate progressive, environmentally-friendly technologies; develop international cooperation in the sector; and increase the competitiveness of Mongolia's coal sector. Scholars and researchers will read papers. About 35 percent of the delegates will be from abroad.
An exhibit featuring 62 mining companies will be held during the forum, and tours to Ukhaa Khudag mining of Energy Resource LLC and Tavantolgoi mining of Erdenes Tavantolgoi LLC will be organized on February 11.
Besides, seminars with Airliguide/Lurgi, Gemcom Software Australia Pty Ltd, Wirtgen International, and Caterpillar will be held on February 7 and 8.
PwC: Senior executives expect Eastern promise to dominate IPO pipeline by 2025
January 4 (PwC via Business-Mongolia.com) In only fifteen years from now, China is predicted by almost 80% of respondents to PwC's "Capital Markets in 2025" report to be the most favoured destination for companies looking to raise capital and float their businesses. In a poll of almost 400 executives from across the globe, 8 out of 10 also believed that by 2025, companies listing on Chinese exchanges would also raise the most capital of any international exchange through initial public offerings (IPOs).
The report confirmed the current attractiveness of London and New York as the leading financial centres for access to international capital, with 72% and 74% of those surveyed saying that they would consider those markets for an IPO on a foreign exchange.
However, when asked what they thought the position would be in 2025, those percentages decreased to 27% and 39% respectively, due to the potential growth of capital markets activity in emerging markets such as China and India by that time.
Clifford Tompsett, Global IPO Centre leader, PwC said,
"It may seem that the rise of the East is inevitable, but established exchanges around the world would disagree with the pace of this shift. There have been major IPOs in the UK, the US, Spain and Poland this year and PwC expects this to continue in the near term. If we are set for an IPO 'tug of war' between West and East, it can only benefit companies and investors."
The shift to the East is dependent on a number of critical factors, the key one being access. The Hong Kong exchange is seen as increasingly accessible by companies not traditionally focused on the Asian markets. The Shanghai exchange however is currently still closed to foreign issuers, despite the Chinese Government's announcement back in 2008 to open the market.
Also, the way in which the legal and regulatory environment will evolve, followed by political uncertainty, are collectively seen by respondents as the factors most likely to derail the shift to the emerging market exchanges.
Currently, developed markets dwarf their emerging markets rivals in terms of size, so sustained growth must take place if the East is to make a meaningful challenge, PwC says.
However, as an indicator of the exponential growth in Asia so far, the combined market capitalisation of China's Shanghai and Shenzhen equities markets has risen from US$400bn in 2005 to US$4trn at the end of Q4 2010.
Johanna Cave, Capital Markets Director, PwC Mongolia added:
"The development of the Mongolian Stock Exchange is timely given both the increasing competition between international stock exchanges and focus towards investment in Asian economies. Companies should always look to select the stock exchange that best fits their particular needs, taking into consideration size, industry and investor base – each exchange has its own particular merits and businesses must carefully consider which of these markets is best to tap."
Notes to editors
In August 2011 the Economist Intelligence Unit conducted a survey on behalf of PwC to ask almost 400 senior managers at companies from across the globe for their views on which factors are shaping the development of equity capital markets.
The final report presents the highlights of the survey findings, along with additional insights from industry experts and commentators.
About PwC's IPO centre
PwC's IPO centre brings together our global expertise ensuring that as one firm we provide companies with the right mix of sector and IPO expertise combined with relevant local and international market knowledge. Through the IPO centre we are able to connect companies with the right PwC capital market specialists, take them through the flotation process and prepare them for life as a public company, regardless of the market they choose to list on.
Link to "Capital Markets in 2025" Report
Analysis of social network sites diffusion in Mongolia
October 7, 2011 (Academic Journal) --
Tian-Syung Lan1*, Chun-Hsiung Lan2 and Oyuntuya Tserendondog3
1Department of Information Management, Yu Da University, Miaoli County, 361 Taiwan, R.O.C.
2Department of Business Administration, Hsing Wu Institute of Technology, New Taipei City, 244 Taiwan, R.O.C.
3Department of Business Administration, Nanhua University, Chiayi County, 62248 Taiwan, R.O.C.
Accepted 25 July, 2011
This paper is proposed to examine the diffusion of social network sites in Mongolia, as well as to understand diffusion pattern at aggregate level. The historical data on the number of monthly subscribers were obtained from two newly launched Mongolian social network sites, Voodoo.mn and Biznetwork.mn. Additionally, the Bass diffusion model was employed as a forecasting technique following nonlinear least square (NLS) approach, and model parameters were estimated using LINGO 9.0 optimization software. It is found that the social network sites diffusion followed traditional Sshaped curve. The results supported for application of Bass model in forecasting diffusion of social network sites in Mongolia. It showed that, the social networking market consisted mainly of imitators.Particularly, social network sites in Mongolia were noted to approximately reach maturity.
…
Table: Mongolia Related Stocks (Source: Bloomberg)
Name | Symbol | $ | Price | Change | +-% | Open | High | Low | Volume | Time | % YTD | % 12 m | |
Indices | ASX 200 | 4,225.10 | -14.53 | -0.34% | 4,236.30 | 4,239.60 | 4,223.90 | 0 | 23-Jan | ||||
Nikkei 225 | 8,765.90 | -0.46 | -0.01% | 8,753.91 | 8,795.27 | 8,744.54 | 0 | 23-Jan | |||||
Hang Seng | 20,110.37 | 167.42 | 0.84% | 20,161.72 | 20,161.72 | 19,927.88 | 0 | 20-Jan | |||||
MSE Top 20 | 20,466.30 | 286.60 | 1.42% | 20,466.30 | 20,466.30 | 20,466.30 | 0 | 23-Jan | |||||
FTSE 100 | 5,782.56 | 54.01 | 0.94% | 5,728.55 | 5,789.85 | 5,723.09 | 848,108 | 23-Jan | |||||
TSX Composite | 12,521.70 | 124.60 | 1.01% | 12,433.04 | 12,530.28 | 12,408.00 | 207,744,017 | 23-Jan | |||||
S&P 500 | 1,316.00 | 0.62 | 0.05% | 1,315.29 | 1,322.28 | 1,309.89 | 0 | 23-Jan | |||||
ASX | Aspire Mining | AUD | 0.375 | -0.005 | -1.32% | 0.375 | 0.38 | 0.37 | 378,485 | 23-Jan | 1.35% | -48.98% | |
Blina Minerals | AUD | 0.005 | 0.001 | 25.00% | 0.005 | 0.005 | 0.005 | 3,931,921 | 23-Jan | 0.00% | -76.19% | ||
Cougar Energy | AUD | 0.014 | -0.002 | -12.50% | 0.014 | 0.014 | 0.014 | 200,000 | 23-Jan | -12.50% | -70.21% | ||
Draig Resources | AUD | 0.48 | 0.01 | 2.13% | 0.47 | 0.485 | 0.47 | 308,350 | 23-Jan | -42.86% | |||
FeOre | AUD | 0.26 | 0 | 0.00% | 0.26 | 0.26 | 0.26 | 0 | 20-Jan | -7.14% | |||
General Mining | AUD | 0.05 | 0.005 | 11.11% | 0.05 | 0.05 | 0.05 | 40,000 | 23-Jan | 21.95% | -65.52% | ||
Guildford Coal | AUD | 0.85 | -0.01 | -1.16% | 0.86 | 0.88 | 0.81 | 750,567 | 23-Jan | 13.33% | 3.03% | ||
Haranga Resources | AUD | 0.35 | -0.01 | -2.78% | 0.36 | 0.365 | 0.35 | 139,644 | 23-Jan | 22.81% | -44.88% | ||
Modun Resources | AUD | 0.04 | -0.003 | -6.98% | 0.043 | 0.043 | 0.04 | 232,400 | 23-Jan | -11.11% | 185.71% | ||
Mongolian Res Corp | AUD | 0.099 | -0.026 | -20.80% | 0.099 | 0.099 | 0.099 | 4,900 | 23-Jan | -20.80% | -79.80% | ||
Robe Australia | AUD | 0.017 | 0 | 0.00% | 0.017 | 0.017 | 0.016 | 1,201,351 | 23-Jan | 21.43% | 100.00% | ||
Voyager Resources | AUD | 0.075 | 0 | 0.00% | 0.074 | 0.076 | 0.073 | 3,585,057 | 23-Jan | 10.29% | 37.32% | ||
Xanadu Mines | AUD | 0.33 | 0 | 0.00% | 0.34 | 0.34 | 0.325 | 0 | 20-Jan | -4.35% | -52.52% | ||
MSE A Board | Aduunchuluun | MNT | 4,800 | 0 | 0.00% | 4,840 | 4,870 | 4,800 | 1,021 | 23-Jan | -20.00% | -59.87% | |
APU | MNT | 3,950 | -50 | -1.25% | 4,000 | 4,000 | 3,950 | 966 | 23-Jan | -5.95% | 41.02% | ||
Atar Urguu | MNT | 37,500 | 0 | 0.00% | 37,499 | 37,500 | 37,499 | 40 | 23-Jan | 63.04% | |||
Baganuur | MNT | 10,500 | -1 | -0.01% | 11,000 | 11,000 | 10,500 | 161 | 23-Jan | -19.85% | -12.50% | ||
Mogoin Gol | MNT | 28,100 | -1911 | -6.37% | 30,000 | 30,000 | 28,100 | 218 | 23-Jan | -9.35% | 83.18% | ||
BDSec | MNT | 3,400 | -100 | -2.86% | 3,330 | 3,400 | 3,310 | 120 | 23-Jan | -2.86% | 28.30% | ||
Bayangol Hotel | MNT | 35,000 | 0 | 0.00% | 35,000 | 35,000 | 35,000 | 169 | 23-Jan | -2.64% | 46.44% | ||
Bayanteeg | MNT | 31,999 | 0 | 0.00% | 31,500 | 31,999 | 31,500 | 0 | 19-Jan | -11.11% | |||
UB BUK | MNT | 30,000 | 0 | 0.00% | 29,950 | 30,000 | 29,950 | 0 | 19-Jan | -7.69% | |||
Eermel | MNT | 2,900 | 0 | 0.00% | 2,900 | 2,900 | 2,900 | 199 | 23-Jan | 3.57% | 20.78% | ||
Gobi | MNT | 5,020 | 20 | 0.40% | 5,020 | 5,020 | 5,020 | 50 | 23-Jan | -2.52% | -14.19% | ||
Gutal | MNT | 3,851 | -649 | -14.42% | 4,001 | 4,001 | 3,851 | 20 | 23-Jan | ||||
Hi B Oil | MNT | 165 | 0 | 0.00% | 165 | 165 | 165 | 0 | 19-Jan | -13.16% | -17.50% | ||
Khukh Gan | MNT | 183 | -1 | -0.54% | 185 | 185 | 183 | 152 | 23-Jan | -8.50% | -1.08% | ||
Hermes Centre | MNT | 66 | 3 | 4.76% | 66 | 66 | 66 | 9,416 | 23-Jan | 17.86% | 4.76% | ||
Jenko Tour Bureau | MNT | 90 | -2 | -2.17% | 90 | 92 | 90 | 208,552 | 23-Jan | -4.26% | -5.26% | ||
Telecom Mongolia | MNT | 2,505 | -150 | -5.65% | 2,505 | 2,505 | 2,505 | 22 | 23-Jan | -7.22% | -32.30% | ||
Mongolia Dev Res | MNT | 1,000 | 0 | 0.00% | 950 | 1,000 | 950 | 0 | 20-Jan | -0.99% | -13.04% | ||
Moninjbar | MNT | 130 | 0 | 0.00% | 130 | 130 | 130 | 0 | 13-Jan | 0.00% | 28.71% | ||
Mongol Nekhmel | MNT | 3,500 | -500 | -12.50% | 3,500 | 3,500 | 3,500 | 28 | 23-Jan | 6.71% | 180.00% | ||
Hotel Mongolia | MNT | 840 | 0 | 0.00% | 848 | 848 | 840 | 0 | 20-Jan | -6.56% | |||
Darkhan Nekhii | MNT | 6,500 | 0 | 0.00% | 6,500 | 6,500 | 6,500 | 35 | 23-Jan | 4.84% | 31.58% | ||
Nak Tulsh | MNT | 180 | 0 | 0.00% | 179 | 180 | 179 | 0 | 20-Jan | 2.86% | -48.57% | ||
Olloo | MNT | 197 | 0 | 0.00% | 200 | 200 | 197 | 0 | 20-Jan | -17.57% | 31.33% | ||
Remikon | MNT | 171 | 2 | 1.18% | 169 | 171 | 165 | 8,403 | 23-Jan | -2.84% | 66.02% | ||
Sharyn Gol | MNT | 10,100 | 340 | 3.48% | 9,999 | 10,100 | 9,999 | 202 | 23-Jan | -11.01% | -19.20% | ||
Shivee Ovoo | MNT | 15,300 | 1800 | 13.33% | 14,000 | 15,300 | 14,000 | 109 | 23-Jan | 0.00% | -1.29% | ||
Sor | MNT | 3,250 | 0 | 0.00% | 3,251 | 3,252 | 3,250 | 0 | 20-Jan | -14.92% | 187.61% | ||
Suu | MNT | 63,000 | 0 | 0.00% | 65,000 | 65,000 | 63,000 | 0 | 20-Jan | -3.08% | |||
Tav | MNT | #DIV/0! | 0 | ||||||||||
Talkh Chikher | MNT | 11,000 | 100 | 0.92% | 11,000 | 11,000 | 11,000 | 56 | 23-Jan | 4.76% | 144.44% | ||
Tavantolgoi | MNT | 10,500 | 500 | 5.00% | 10,500 | 10,500 | 10,500 | 28 | 23-Jan | -4.55% | 59.09% | ||
State Dept Store | MNT | 500 | 0 | 0.00% | 500 | 505 | 500 | 3,527 | 23-Jan | -13.79% | 15.47% | ||
Ulaanbaatar Hotel | MNT | 48,000 | 0 | 0.00% | 48,000 | 48,000 | 48,000 | 0 | 20-Jan | 6.67% | 74.55% | ||
Mongol Savkhi | MNT | 2,000 | 0 | 0.00% | 2,250 | 2,250 | 1,917 | 0 | 20-Jan | -22.69% | 262.98% | ||
Zoos Goyol | MNT | 851 | -49 | -5.44% | 850 | 851 | 850 | 205 | 23-Jan | -9.47% | -10.42% | ||
HKEx | Solartech Int'l | HKD | 0.182 | 0.003 | 1.68% | 0.179 | 0.185 | 0.179 | 2,490,504 | 20-Jan | 2.82% | -75.41% | |
Winsway | HKD | 1.8 | -0.11 | -5.76% | 1.87 | 1.88 | 1.76 | 85,261,000 | 20-Jan | -21.40% | -58.89% | ||
SouthGobi Resources | HKD | 48.9 | 0.9 | 1.88% | 48 | 49 | 48 | 14,600 | 20-Jan | 7.35% | -54.89% | ||
China Gold | HKD | 23.25 | -0.25 | -1.06% | 22.8 | 23.4 | 22.8 | 24,500 | 20-Jan | 27.75% | -39.84% | ||
CNNC Int'l | HKD | 2.38 | 0.01 | 0.42% | 2.4 | 2.42 | 2.29 | 637,000 | 20-Jan | 17.82% | -67.17% | ||
Real Gold Mining | HKD | 8.81 | 0 | 0.00% | 8.81 | 8.81 | 8.81 | 0 | 20-Jan | 0.00% | -28.58% | ||
Mongolia Energy | HKD | 0.7 | 0 | 0.00% | 0.71 | 0.71 | 0.68 | 9,794,813 | 20-Jan | 0.00% | -70.46% | ||
Zijin Mining | HKD | 3.39 | -0.01 | -0.29% | 3.43 | 3.48 | 3.36 | 30,507,564 | 20-Jan | 16.10% | -19.04% | ||
Mongolia Inv Group | HKD | 0.05 | 0 | 0.00% | 0.05 | 0.05 | 0.049 | 1,818,000 | 20-Jan | 8.70% | -59.02% | ||
North Asia Resources | HKD | 0.215 | -0.013 | -5.70% | 0.226 | 0.228 | 0.2 | 1,745,000 | 20-Jan | -3.15% | -80.80% | ||
China Daye Non-Fer. | HKD | 0.435 | -0.005 | -1.14% | 0.44 | 0.445 | 0.435 | 1,424,000 | 20-Jan | -5.43% | -26.27% | ||
Bestway Int'l | HKD | 0.052 | -0.006 | -10.34% | 0.053 | 0.053 | 0.051 | 30,000 | 20-Jan | -14.75% | -60.00% | ||
Asia Coal | HKD | 0.099 | 0 | 0.00% | 0.099 | 0.099 | 0.099 | 0 | 20-Jan | -5.71% | -59.59% | ||
Mongolian Mining | HKD | 6.27 | -0.11 | -1.72% | 6.37 | 6.37 | 6.09 | 995,000 | 20-Jan | 7.36% | -39.71% | ||
SGX | LionGold | SGD | 0.885 | 0.01 | 1.14% | 0.875 | 0.885 | 0.875 | 11,308,000 | 20-Jan | 1.72% | 27.34% | |
LSE | Central Asia Metals | GBp | 63.75 | 0 | 0.00% | 63 | 63.75 | 63 | 8,061 | 23-Jan | 12.09% | -33.94% | |
Petro Matad | GBp | 36.5 | 0.5 | 1.39% | 36.25 | 37.25 | 36 | 72,407 | 23-Jan | 47.47% | -69.33% | ||
Metal-Tech | GBp | 4.25 | 0 | 0.00% | 4.25 | 4.25 | 4.25 | 4,177 | 23-Jan | 13.33% | -67.31% | ||
Nova Resources | GBp | 8.5 | 0 | 0.00% | 9 | 9 | 8.5 | 3,890 | 23-Jan | 257.90% | |||
Origo Partners | GBp | 32.25 | 0 | 0.00% | 32.25 | 32.25 | 32.25 | 6,680 | 23-Jan | -7.86% | -24.12% | ||
Canada | Aberdeen Int'l | CAD | 0.59 | 0.01 | 1.72% | 0.6 | 0.6 | 0.58 | 85,610 | 23-Jan | -9.23% | -15.89% | |
Altan Rio Minerals | CAD | 0.5 | 0 | 0.00% | 0.5 | 0.5 | 0.5 | 0 | 20-Jan | ||||
Blue Zen Mem. Parks | CAD | 0.15 | 0.09 | 150.00% | 0.14 | 0.15 | 0.14 | 16,810 | 23-Jan | 200.00% | -80.00% | ||
Centerra Gold | CAD | 18.15 | 0.3 | 1.68% | 17.79 | 18.23 | 17.78 | 173,124 | 23-Jan | 0.83% | 11.61% | ||
China Gold | CAD | 3.06 | 0.02 | 0.66% | 3.01 | 3.15 | 3.01 | 93,441 | 23-Jan | 19.53% | -37.30% | ||
Desert Eagle Res | CAD | 0.25 | 0.025 | 11.11% | 0.25 | 0.25 | 0.25 | 480 | 23-Jan | -85.38% | |||
Denison Mines | CAD | 2.01 | 0.05 | 2.55% | 1.97 | 2.05 | 1.96 | 3,556,947 | 23-Jan | 58.27% | -40.36% | ||
East Asia Minerals | CAD | 0.55 | 0.03 | 5.77% | 0.52 | 0.55 | 0.52 | 100,338 | 23-Jan | 17.02% | -90.80% | ||
Erdene Resource | CAD | 0.48 | -0.02 | -4.00% | 0.485 | 0.51 | 0.48 | 155,385 | 23-Jan | 28.00% | -70.00% | ||
Entree Gold | CAD | 1.31 | -0.04 | -2.96% | 1.3 | 1.35 | 1.3 | 25,919 | 23-Jan | 5.65% | -51.48% | ||
Fortress Minerals | CAD | 4.25 | 0.3 | 7.59% | 4.25 | 4.25 | 4.25 | 347 | 23-Jan | 3.66% | -19.81% | ||
Gulfside Minerals | CAD | 0.07 | -0.02 | -22.22% | 0.075 | 0.075 | 0.07 | 100,000 | 23-Jan | -17.65% | -30.00% | ||
Global Met Coal Corp | CAD | 0.14 | -0.01 | -6.67% | 0.145 | 0.145 | 0.14 | 120,500 | 23-Jan | 12.00% | |||
Ivanhoe Energy | CAD | 1.1 | -0.02 | -1.79% | 1.1 | 1.11 | 1.09 | 583,898 | 23-Jan | -1.79% | -65.63% | ||
Ivanhoe Mines | CAD | 18.3 | -1.03 | -5.33% | 19.41 | 19.41 | 17.97 | 2,276,006 | 23-Jan | 1.16% | -27.67% | ||
Kincora Copper | CAD | 0.31 | 0.03 | 10.71% | 0.28 | 0.31 | 0.28 | 103,167 | 23-Jan | 0.00% | 29.17% | ||
Khan Resources | CAD | 0.2 | 0.01 | 5.26% | 0.2 | 0.2 | 0.19 | 28,800 | 23-Jan | 0.00% | -59.18% | ||
Lucky Strike | CAD | 0.31 | 0 | 0.00% | 0.31 | 0.31 | 0.31 | 31,000 | 23-Jan | -12.68% | -71.82% | ||
Meritus Minerals | CAD | 0.045 | -0.005 | -10.00% | 0.05 | 0.05 | 0.045 | 193,500 | 23-Jan | 80.00% | -70.00% | ||
Manas Petroleum | CAD | 0.155 | 0.005 | 3.33% | 0.165 | 0.165 | 0.15 | 732,600 | 23-Jan | 6.90% | |||
Prophecy Coal | CAD | 0.45 | -0.015 | -3.23% | 0.465 | 0.465 | 0.44 | 567,571 | 23-Jan | 9.76% | -47.95% | ||
Puget Ventures | CAD | 0.49 | 0 | 0.00% | 0 | 17-Sep | |||||||
SouthGobi Resources | CAD | 6.7 | 0.35 | 5.51% | 6.35 | 6.76 | 6.25 | 112,889 | 23-Jan | 11.67% | -52.98% | ||
Solomon Resources | CAD | 0.08 | 0 | 0.00% | 0.08 | 0.08 | 0.08 | 30,000 | 23-Jan | 14.29% | -58.97% | ||
Undur Tolgoi Minerals | CAD | 0.2 | 0 | 0.00% | 0.2 | 0.2 | 0.2 | 0 | 12-Jan | 0.00% | 3900.00% | ||
US | Mongolia Growth Grp | CAD | 4.09 | 0.05 | 1.24% | 4.17 | 4.17 | 4.09 | 7,078 | 23-Jan | 4.87% | ||
Denison Mines | USD | 2 | 0.08 | 4.17% | 1.96 | 2.04 | 1.94 | 1,666,654 | 23-Jan | 60.00% | -41.35% | ||
Entree Gold | USD | 1.31 | -0.02 | -1.50% | 1.34 | 1.348 | 1.31 | 38,675 | 23-Jan | 9.17% | -51.48% | ||
Ivanhoe Energy | USD | 1.09 | -0.01 | -0.91% | 1.1 | 1.1095 | 1.08 | 557,883 | 23-Jan | -2.68% | -66.46% | ||
Ivanhoe Mines | USD | 18.13 | -0.97 | -5.08% | 19.2199 | 19.24 | 17.82 | 4,702,694 | 23-Jan | 2.31% | -28.99% | ||
Manas Petroleum | USD | 0.147 | 0.0047 | 3.30% | 0.148 | 0.15 | 0.143 | 1,246,900 | 23-Jan | -0.34% | -75.90% | ||
Mongolia Growth Grp | USD | 4.1315 | 0.138 | 3.46% | 4.143 | 4.148 | 4.1315 | 3,366 | 23-Jan | 7.45% | |||
Blue Wolf MGL | USD | 9.69 | 0 | 0.00% | 9.69 | 9.69 | 9.69 | 117 | 23-Jan | 0.73% | |||
Blue Wolf MGL Unit | USD | 10.31 | 0 | 0.00% | 10.31 | 10.31 | 10.31 | 0 | 19-Jan | 2.59% |
---
"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 AFSLicense 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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