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
ERD closed +8.75%. Altan Nar project is located close to Voyager’s Cughur discovery at KM Project
Erdene Commences Drilling at Altan Nar Epithermal Gold Project Southwest Mongolia
HALIFAX, NOVA SCOTIA--(Marketwire - Nov. 10, 2011) - Erdene Resource Development Corp. ("Erdene") (TSX:ERD), is pleased to announce commencement of a 3,000 metre drill program at the Company's 100% owned Altan Nar (Golden Sun) property in southwest Mongolia. This program will test multiple targets over 1 kilometre of strike length extending north and south from the original discovery which returned significant, near surface epithermal-style gold, silver and base metal mineralization.
The program will be concentrated on the central portion of a target area measuring 3 kilometres by 2 kilometres and containing multiple prospects defined by geochemistry and geophysics. These prospects are also associated with a number of gold-bearing epithermal-style quartz vein/breccia zones identified on surface and in the initial four-hole drilling program. The initial drilling, reported October 12, 2011, tested a 75 metre wide, low sulfidation epithermal system over a strike length of 100 metres with geophysical anomalies suggesting continuity and local intensification at depth. The initial hole (TND-09) intersected mineralization from 20 to 75 metres (down-hole depth) averaging 1.02 g/t gold and 12 g/t silver over the 55 metre interval and included 23 metres averaging 2.07 g/t gold and 23 g/t silver. See table below which includes the results of the initial four-hole program.
Altan Nar Epithermal Gold Prospect - Exploration Results and Planned Drilling
Following the initial drilling success, the company completed additional in-fill soil sampling, regional and detailed magnetic surveys, an extension of the existing IP gradient array and additional dipole-dipole IP lines. The expanded geophysical program has clearly defined chargeability and resistivity anomalies coincident with anomalous gold and base metal soil anomalies in the central portion of the target area. These geophysical anomalies include extensions from the original discovery as well as parallel zones to the north and south.
A 3,000 metre diamond drill program, consisting of approximately 18 holes, has commenced and is expected to be completed before the end of December 2011. Holes will be drilled to depths of between 100 and 200 metres targeting coincident gold and base metal geochemical and high chargeability anomalies hosted within a distinct magnetic low feature over an area of approximately 1 kilometre by 800 metres. This area contains a number of gold bearing epithermal quartz veins at surface.
The mineralized zone intersected in the initial four-hole drilling program is characterized by epithermal quartz breccia and comb-quartz veining with associated phyllic, propylitic and minor potassic alteration of host andesite and andesitic tuff. Gold mineralization was mostly restricted to zones of quartz breccia and comb-quartz and chalcedony veins, interpreted to be oriented from vertical to steeply northwest-dipping.
Initial Drill results reported October 12, 2011
Drilling Highlights | ||||||||
Hole # | Total | Depth (m) | Width (m) | Au (g/t) | Ag (g/t) | Pb (%) | Zn (%) | |
From | To | |||||||
TND-09 | 111 | 20 | 75 | 55 | 1.02 | 12 | 0.26 | 0.47 |
incl. | 50 | 73 | 23 | 2.07 | 23 | 0.26 | 0.59 | |
incl. | 55 | 63 | 8 | 3.90 | 17 | 0.15 | 0.42 | |
TND-10 | 75 | 0 | 40 | 40 | 0.32 | 3 | 0.40 | 0.23 |
incl. | 15 | 19 | 4 | 0.96 | 12 | 2.17 | 0.37 | |
TND-11 | 120 | 48 | 66 | 18 | 0.56 | 6 | 0.26 | 0.50 |
incl. | 48 | 51 | 3 | 1.21 | 3 | 0.65 | 1.04 | |
incl. | 62 | 64 | 2 | 1.24 | 17 | 0.39 | 0.60 | |
TND-12 | 100 | 28 | 76 | 48 | 0.51 | 9 | 0.24 | 0.84 |
incl. | 36 | 46.5 | 10.5 | 1.20 | 16 | 0.17 | 0.41 | |
incl. | 50 | 71 | 21 | 0.21 | 4 | 0.39 | 1.50 | |
Note: All drill holes were orientated at 45 degrees and intersected zones interpreted to be steeply-dipping to vertical. Additional information is required to determine true widths.
To view a detailed presentation of the Altan Nar polymetallic-gold epithermal prospect, please visit the Featured Items section of our website at www.erdene.com.
Link to Altan Nar presentation
Petro Matad: Appointment of (Macquarie as) Joint Broker
November 10, Petro Matad Limited (LON:MATD) -- The Directors of Petro Matad are pleased to announce that the Company has appointed Macquarie Capital (Europe) Limited to act as its joint corporate broker with immediate effect.
C@ to raise $28m to fund exploration on new licences - Audio Broadcast
November 10, C @ Limited (ASX:CEO) -- C @ Limited (“CEO”) provides the opportunity to listen to an audio broadcast with the Company’s Managing Director, Mark Earley, in a presentation titled "C@ to raise $28m to fund exploration on new licences"
Garrison Welcomes Two New Directors
TORONTO, ONTARIO--(Marketwire - Nov. 10, 2011) - Garrison International Ltd. (TSX VENTURE:GAU) ("Garrison" or the "Company") is pleased to announce the appointment of Maurice Colson and Edward C. Rochette to the board of directors of Garrison.
Blair Krueger, the President and CEO of Garrison, stated: We are delighted to have Maurice and Edward join Garrison's board of directors. They both bring a wealth of knowledge and broaden the board's combined experience, which will assist Garrison in developing its projects.
Mr. Colson has worked in the investment industry for more than 35 years and was for many years managing director for a major Canadian investment dealer in the United Kingdom. He is actively involved in providing strategic counsel and assistance with financing to emerging private and public companies in Canada and to Canadian companies operating in China, Africa and South America. He sits on the board of directors of several TSX- and TSX Venture-listed companies and is a founding director and the former chairman of Lithium One Inc. Mr. Colson holds a Masters of Business Administration degree from McGill University in Montreal, Canada.
Mr. Rochette's primary experience involves setting up initial corporate and legal structures for new ventures, assisting in the preparation for taking companies public on international stock exchanges, negotiating joint venture agreements, negotiating the acquisition of property rights, obtaining operating licences, setting up the corporate structure to manage licences, leases and joint venture agreements, and legal due diligence. He has concluded mining transactions involving gold and other precious metals, uranium, iron ore, nickel, coal and oil & gas in Asia, Central Asia, Africa, North America and a number of countries in South America, as well as the Balkan and Scandinavian regions in Europe.
Currently Mr. Rochette is the chief executive officer of East Asia Minerals Corp. Previously he was Senior Vice President of Ivanhoe Mines Ltd., a publicly traded copper and gold mining company with a 66% interest in Oyu Tolgoi in Mongolia as its flagship asset. Mr. Rochette splits his time living in Beijing, China and Ulaan Baatar, Mongolia.
Mongolia Growth Group Ltd. to Host Corporate Update Presentations in New York and Toronto
Calgary, Alberta CANADA, Nov 10, 2011 (Filing Services Canada via COMTEX) -- Mongolia Growth Group Ltd. (YAK - CNSX), ("MGG" or the "Company") announces that Harris Kupperman, Chairman and CEO of MGG, will host a corporate update presentation and reception for shareholders and interested investors on November 17, 2011 at New York's Hotel Pennsylvania, from 6-8PM. Mr. Kupperman will also be hosting a presentation and reception in Toronto at the Le Meridien King Edward Hotel on November 24, 2011 from 5:30-7:30PM. If you would like to attend either of these presentations, please contact Genevieve Walkden at info@MongoliaGrowthGroup.com.
Significant $92 Million Investment in Ivanhoe Australia Concluded by Ivanhoe Mines
MELBOURNE, AUSTRALIA--(Marketwire - Nov. 10, 2011) - Robert Friedland, Chairman, and Peter Reeve, Chief Executive Officer of Ivanhoe Australia Limited (TSX:IVA)(ASX:IVA), are pleased to announce that Ivanhoe Mines has completed its investment of approximately A$92 million continuing its strong commitment to support Ivanhoe Australia's development and exploration plans.
The investment, which forms the second tranche of the September 2011 equity raising, was successfully concluded today with the receipt of funds from Ivanhoe Mines, following approval by Ivanhoe Australia's shareholders.
"This really significant investment demonstrates that, despite the demands of the full-scale construction of the huge Oyu Tolgoi Project in Mongolia, Ivanhoe Mines remains very confident in the prospectivity of our project portfolio in the Cloncurry region in northwestern Queensland," Mr. Reeve said.
"The completion of the second tranche of the A$180 million equity raising announced on September 16 will ensure that the Osborne Copper-Gold Project will be brought into production as planned in March 2012 and also will support the completion of major studies on the Merlin, Mount Dore and Mount Elliott projects."
Mr Friedland added, "While Ivanhoe Mines is looking forward with anticipation to the start of cashflow from Ivanhoe Australia's very low-cost Osborne acquisition, a major part of our mission here remains the ongoing search for a deposit that would rank as an industry elephant, which would not be out of place in this field."
Ivanhoe Mines, which is Ivanhoe Australia's largest shareholder, will receive approximately A$92 million worth of Ivanhoe Australia shares at an issue price of $1.39 per share. Ivanhoe Mines will provide a net funding contribution of approximately A$62 million after the extinguishment of approximately A$30.6 million in inter-company debt.
Australia's AAR follows Rio Tinto into Mongolia
Australian firm Allens Arthur Robinson (AAR) has opened a representative office in the Mongolian capital Ulaanbaatar.
November 10 (The Lawyer) AAR has reported intensified levels of work in the country’s burgeoning resources industry. The firm is currently advising a range of international companies in the region, including long-standing client Rio Tinto, whose joint venture Mongolian Oyu Tolgoi project is the world’s largest undeveloped copper and gold mine.
In the past few weeks, the firm had nine partners from Perth, Brisbane, Melbourne, Singapore and Hong Kong meeting and working with clients on various projects in Ulaanbaatar.
“We’ve been undertaking work in Mongolia for almost a decade, but it’s only in the past 12 months when the level of work and client demands have really reached a point to suggest that the time is right for us to have a formal presence in the country,” said Brisbane-based energy and resources partner Erin Feros, who is also a member of the firm’s board.
Feros has been a lead partner of the firm’s Mongolia interest group and has been driving the process of the Mongolian launch.
The new office has a primary focus on the energy and resources sectors, but will continue expanding its representation in corporate, capital markets, construction, infrastructure and project finance matters.
Initially, there will be no resident partner in the office, although Hong Kong-based partner David Wenger will be chief representative of the Ulaanbaatar office. It will mainly function as a working station for partners and lawyers travelling from other AAR offices. In addition to hiring several local legal staff in Ulaanbaatar, the firm’s Beijing and Hong Kong office will also provide staffing support regularly.
“Instead of putting one partner on the group to look after everything, we’ve decided to have a number of relationship partners with different clients to share their time in the new office. It’s a model that suits what we’re currently doing there,” said Feros, who will regularly travel to Ulaanbaatar.
The IMF Predicts growth in the Mongolian economy to be faster than that of China in 2011. It is estimated that the country, which has vast mineral reserves remaining to be mapped, will attract 30 to 40 strategic assets and projects during the next 12 to 18 months.
Hogan Lovells, US firm Anderson & Anderson and Chinese firm Lehman Lee & Xu already have offices in Ulaanbaatar. DLA Piper entered the market earlier this year through a tie-up with local firm C&G Partners (24 March 2011).
MINISTER (Battulga) CHECKS NEW RAILS
Ulaanbaatar, Mongolia, November 10 /MONTSAME/ An examination was conducted to test the Japanese rails in Khonkhor of Ulaanbaatar on Novemebr 8.
It was attended by the Minister of Roads, transportation, construction and urban development Kh.Battulga.
The rails, being tested at the most destroyed parts of the railway, can significantly decrease the erosion and increase trains' safety, said the Minister. Currently used Russian-made rails, 1,150-1,200 US dollar per ton, are get eroded quickly. The Japanese rails cost two-three times more, but their service time is three-four times longer. The Minister said in case the experiment is successful, Mongolia will produce a high quality steel from own ore. In six months, the erosion of the rails will be checked again.
CABINET APPROVES RULES, DOMESTIC CONTROL TOUGHENS
Ulaanbaatar, Mongolia, November 10 /MONTSAME/ The Cabinet meeting on Wednesday approved common rules of “Organizing domestic control on entities and organizations' activities”. The Cabinet obliged the Mayor of Ulaanbaatar and governors of all aimags to adopt the rules and realize them in their organizations and entities.
It means that activities, production, goods ansdservices of these organizations will be more accorded with the laws, regulations and standards, and all irregularities will be revealed timely and abolished. A unit obliged to put and run this control will be separate from other sections and be responsible to the organization's head only.
SPEAKER RECEIVES HEAD OF IMF WORKING GROUP
Ulaanbaatar, Mongolia, November 10 /MONTSAME/ Parliament Speaker, D.Demberel received the head of International Monetary Fund's /IMF/ working group, Steven Barnett on November 9. A future of Mongolia may be bright and people' life might be improved through economic circulation of the mineral wealth, but this year's budget retreated from achievement of the previous year and has huge expense and is profligate, Mr. Barnett said.
In times when inflation is increasing, an overheated budget might give a negative affect, besides, the world economy is not stable and the Europe is facing a debt crisis, which is not favourable for Mongolia either, he said.
In this budget, he went on, macro economic growth has been estimated too high, and this does not match with the state fiscal policy to hold inflation at one-digit figure and may cause to augment the budget expense. In 2013, when the law on budget stability will come into force, the government will have to decrease its 2014 expense, so the 2012 state budget expense must be held within a level of mid-term budget programme, he said.
The Speaker said that the state budget for 2012 will not undergo any other clarification, the government's current expense will not increase that of 2011. The investments proposed by the cabinet will be discussed as they are, bur some works will be postponed. "We will analyse how income resources are calculated and whether prices of products are taken higher than those of the world market.
“Additional income will go to the stability fund," he said. The Speaker added that parliament will not reject the government's proposal on salaries and pensions increase. "And we will shrink the budget expense after having considered all details," the Speaker said.
CABINET NEWS IN BRIEF
Ulaanbaatar, Mongolia, November 10 /MONTSAME/ The Cabinet meeting on Wednesday got au fait with a action plan of a Governor of Uvs aimag. Then, the cabinet tasked the Mayor of Ulaanbaatar city and the governors of all aimags with reviewing an implementation of their action programmes and completing them through reflected in next year's budget money needed.
- A joint working group introduced its work on seeking ways of establishing an economical partnership agreement between Mongolia and Japan. The cabinet decided to form a group to hold related talks.
- The cabinet supported an initiative to make Uvs aimag the tourism-oriented model province. In view of this, the cabinet ordered some Ministers to seek possibilities of issuing money for running Uvs lake--Ulaangom--Kharkhiraa paved road.
- It was decided to create a “Fresh water reserve and nature protection" center, state enterprise, at Ministry of Nature environment and tourism.
- A plan was approved to implement a first stage of the “National programme on Global warming”. The cabinet decided to allot the money needed in the state budget, in main directions of socio-economic development and to finance by other resources. Within the programme, 78 measures will be implemented until 2016.
Journalists will face big fines if they violate election law
November 10 (news.mn) The Standing Committee on State Structure discussed a draft election law on Wednesday.
But instead of electoral districts and election structures, the members discussed the size of the fines that will be imposed on state officials, candidates, and journalists who violate the law by attempting to influence the election, vilifying a candidate, or tampering with the election process.
For example, state officials who violate the law will be fined at minimum two to three times their annual salary. A head of an election committee will be fined the same amount.
A citizen or a member of an election committee will be fined at minimum one to two times their annual salary. A candidate will be fined at minimum three to five times their annual salary.
But journalists who publish false information about the election will be fined at minimum a whopping 35 to 70 times their annual salary.
Standing committee rejects call for PM’s resignation
November 10 (news.mn) The Standing Committee on State Structure on Wednesday rejected the request made by nine MPs for the resignation of Prime Minister S.Batbold. After discussing the issue, the members declined to approve further discussion.
Members decided that if one-fourth of all MPs formally request the prime minister’s resignation, then the matter could be discussed further. Members also noted that the Constitution says a government’s authority begins with a prime minister’s appointment by Parliament and ends with the appointment of the next prime minister.
The nine MPs who submitted the note demanding the prime minister’s resignation opposed the committee’s decision and insisted the issue should be taken up by Parliament. One of the nine, N.Batbayar, noted that the resignation of a government is a separate issue from the resignation of a prime minister.
The Speaker’s Council decides what issues are discussed in standing committees. N.Batbayar said he intended to continue to press the issue.
<Mogi & Friends Fund A/C>
+9.1%
Mogi & Friends Fund is a tiny fund of A$23K I created in late September with a few friends to put my own (and a few friends’) money where my mouth (just mine) is.
…
Mogi
Table: Mongolia Related Stocks (Source: Bloomberg)
Name | Symbol | $ | Price | Change | +-% | Open | High | Low | Volume | Time | % YTD | % 12 m | |
Indices | ASX 200 | 4,248.80 | 4.70 | 0.11% | 4,245.30 | 4,264.60 | 4,244.10 | - | 8:37 | ||||
Nikkei 225 | 8,556.75 | 55.95 | 0.66% | 8,545.92 | 8,566.49 | 8,539.56 | - | 8:17 | |||||
Hang Seng | 18,963.89 | -1,050.54 | -5.25% | 19,091.40 | 19,199.08 | 18,945.58 | - | 10-Nov | |||||
FTSE 100 | 5,444.82 | -15.56 | -0.28% | 5,460.38 | 5,497.20 | 5,360.19 | - | 10-Nov | |||||
TSX Composite | 12,108.87 | -47.35 | -0.39% | 12,218.82 | 12,260.30 | 12,025.57 | - | 10-Nov | |||||
S&P 500 | 1,239.70 | 10.6 | 0.86% | 1,229.59 | 1,246.22 | 1,227.70 | - | 10-Nov | |||||
ASX | Aspire Mining | A$ | 0.39 | -0.01 | -2.50% | 0.39 | 0.4 | 0.39 | 125,106 | 8:10 | -18.75% | 18.18% | |
Blina Minerals | A$ | 0.014 | 0 | 0.00% | 0.015 | 0.015 | 0.014 | 1,066,667 | 7:38 | -6.67% | -6.67% | ||
C@ | A$ | 0.051 | -0.001 | -1.92% | 0.053 | 0.053 | 0.05 | 349,519 | 8:15 | 82.14% | 112.50% | ||
General Mining | A$ | 0.07 | 0 | 0.00% | 0.072 | 0.073 | 0.07 | 0 | 10-Nov | -41.67% | -58.82% | ||
Guildford Coal | A$ | 0.93 | 0.005 | 0.54% | 0.925 | 0.93 | 0.925 | 70,295 | 8:06 | 27.40% | 72.22% | ||
Haranga Resources | A$ | 0.24 | 0.015 | 6.67% | 0.235 | 0.24 | 0.235 | 104,000 | 7:51 | -62.50% | |||
Hunnu Coal | A$ | 1.76 | -0.01 | -0.56% | 1.76 | 1.76 | 1.76 | 6,000 | 8:01 | 31.84% | 52.38% | ||
Mongolian Res Corp | A$ | 0.12 | 0 | 0.00% | 0.13 | 0.13 | 0.12 | 0 | 10-Nov | -72.73% | |||
Robe Australia | A$ | 0.011 | 0 | 0.00% | 0.011 | 0.011 | 0.011 | 0 | 10-Nov | 17.65% | 29.41% | ||
TVN Corp. | A$ | 0.054 | 0.001 | 1.89% | 0.054 | 0.054 | 0.054 | 201,500 | 7:51 | 440.00% | 440.00% | ||
Voyager Resources | A$ | 0.085 | -0.002 | -2.30% | 0.085 | 0.091 | 0.084 | 15,078,827 | 8:17 | 58.51% | 124.64% | ||
Xanadu Mines | A$ | 0.42 | 0 | 0.00% | 0.42 | 0.42 | 0.42 | 45,000 | 7:34 | -25.66% | |||
MSE A Board | Aduunchuluun | MNT | 7,900 | 0 | 0.00% | 7,900 | 7,900 | 7,900 | 151 | 10-Nov | -1.25% | 102.56% | |
APU | MNT | 3,199 | -1 | -0.03% | 3,160 | 3,199 | 3,100 | 5,962 | 10-Nov | 60.75% | 89.85% | ||
Atar Urguu | MNT | 38,500 | 0 | 0.00% | 38,500 | 38,500 | 38,500 | 0 | 4-Nov | 113.89% | |||
Baganuur | MNT | 15,500 | 1299 | 9.15% | 14,202 | 15,500 | 14,202 | 592 | 10-Nov | 47.62% | 76.14% | ||
Mogoin Gol | MNT | 29,800 | -200 | -0.67% | 29,500 | 30,000 | 29,500 | 201 | 10-Nov | 152.54% | 231.11% | ||
BDSec | MNT | 3,750 | -150 | -3.85% | 3,950 | 3,950 | 3,750 | 1,563 | 10-Nov | 50.00% | 44.23% | ||
Bayangol Hotel | MNT | 39,899 | -100 | -0.25% | 39,899 | 39,899 | 39,899 | 1 | 10-Nov | 66.94% | 73.47% | ||
Bayanteeg | MNT | 31,100 | 0 | 0.00% | 31,100 | 31,100 | 31,100 | 1 | 10-Nov | ||||
UB BUK | MNT | 29,000 | 0 | 0.00% | 29,000 | 29,000 | 29,000 | 0 | 9-Nov | 538.06% | |||
Eermel | MNT | 2,750 | 0 | 0.00% | 2,750 | 2,750 | 2,560 | 285 | 10-Nov | -4.35% | 96.43% | ||
Gobi | MNT | 5,100 | 0 | 0.00% | 5,099 | 5,100 | 5,099 | 385 | 10-Nov | -8.93% | -7.27% | ||
Gutal | MNT | 2,461 | 0 | 0.00% | 2,461 | 2,461 | 2,461 | 0 | 9-Nov | ||||
Hi B Oil | MNT | 200 | -10 | -4.76% | 200 | 200 | 200 | 50 | 10-Nov | 11.11% | 17.65% | ||
Khukh Gan | MNT | 195 | 5 | 2.63% | 195 | 195 | 195 | 1,944 | 10-Nov | 4.28% | 21.88% | ||
Hermes Centre | MNT | 55 | 0 | 0.00% | 55 | 55 | 55 | 250 | 10-Nov | 1.85% | 3.77% | ||
Jenko Tour Bureau | MNT | 98 | 0 | 0.00% | 98 | 98 | 98 | 120 | 10-Nov | 4.26% | -1.01% | ||
Telecom Mongolia | MNT | 2,750 | 50 | 1.85% | 2,700 | 2,750 | 2,700 | 510 | 10-Nov | -21.43% | -19.12% | ||
Mongolia Dev Res | MNT | 1,250 | 0 | 0.00% | 1,200 | 1,250 | 1,200 | 0 | 9-Nov | -3.85% | -10.71% | ||
Moninjbar | MNT | 140 | 0 | 0.00% | 140 | 140 | 140 | 4,000 | 10-Nov | 21.74% | 12.00% | ||
Mongol Nekhmel | MNT | 2,505 | 0 | 0.00% | 3,100 | 3,100 | 2,505 | 0 | 9-Nov | 92.69% | 150.50% | ||
Hotel Mongolia | MNT | 799 | 0 | 0.00% | 790 | 799 | 790 | 0 | 9-Nov | 70.00% | |||
Darkhan Nekhii | MNT | 6,251 | -549 | -8.07% | 6,251 | 6,251 | 6,251 | 50 | 10-Nov | 27.57% | 95.34% | ||
Nak Tulsh | MNT | 220 | -17 | -7.17% | 220 | 225 | 220 | 1,110 | 10-Nov | -32.31% | |||
Olloo | MNT | 132 | 0 | 0.00% | 124 | 132 | 124 | 0 | 9-Nov | -12.00% | -24.57% | ||
Remikon | MNT | 152 | 1 | 0.66% | 151 | 152 | 151 | 51,486 | 10-Nov | 111.11% | 97.40% | ||
Sharyn Gol | MNT | 13,000 | 0 | 0.00% | 13,000 | 13,000 | 12,900 | 1,220 | 10-Nov | 23.81% | 22.64% | ||
Shivee Ovoo | MNT | 21,500 | -500 | -2.27% | 21,505 | 22,000 | 21,500 | 105 | 10-Nov | 65.38% | 62.88% | ||
Sor | MNT | 1,200 | 0 | 0.00% | 1,200 | 1,200 | 1,200 | 0 | 9-Nov | 60.00% | 41.18% | ||
Suu | MNT | 70,000 | 0 | 0.00% | 70,000 | 70,000 | 70,000 | 0 | 7-Nov | 233.54% | 407.25% | ||
Tav | MNT | 23,000 | 3000 | 15.00% | 23,000 | 23,000 | 23,000 | 1 | 10-Nov | ||||
Talkh Chikher | MNT | 10,101 | 1 | 0.01% | 10,100 | 10,150 | 10,100 | 76 | 10-Nov | 173.00% | 192.78% | ||
Tavantolgoi | MNT | 11,200 | 0 | 0.00% | 11,251 | 11,251 | 11,200 | 1,080 | 10-Nov | 94.44% | 124.00% | ||
State Dept Store | MNT | 480 | 0 | 0.00% | 430 | 480 | 430 | 0 | 9-Nov | 11.63% | 12.94% | ||
Ulaanbaatar Hotel | MNT | 62,000 | 0 | 0.00% | 60,000 | 62,000 | 60,000 | 0 | 9-Nov | 125.45% | 123.01% | ||
Mongol Savkhi | MNT | 2,600 | 300 | 13.04% | 2,600 | 2,600 | 2,600 | 77 | 10-Nov | 372.73% | 372.73% | ||
Zoos Goyol | MNT | 850 | 0 | 0.00% | 800 | 850 | 800 | 146 | 10-Nov | 7.59% | 6.25% | ||
HKEx | Solartech Int’l | HKD | 0.193 | -0.007 | -3.50% | 0.194 | 0.197 | 0.19 | 10,162,500 | 10-Nov | -79.90% | -81.08% | |
Winsway | HKD | 2.55 | -0.16 | -5.90% | 2.6 | 2.61 | 2.46 | 19,130,622 | 10-Nov | -43.26% | -37.50% | ||
SouthGobi Resources | HKD | 59.7 | -4.2 | -6.57% | 61.85 | 61.85 | 59.6 | 28,200 | 10-Nov | -40.00% | -33.15% | ||
China Gold | HKD | 24.7 | -1.3 | -5.00% | 24.65 | 25.5 | 24.55 | 33,600 | 10-Nov | -41.19% | |||
CNNC Int’l | HKD | 2.03 | -0.11 | -5.14% | 2.08 | 2.09 | 2.01 | 638,000 | 10-Nov | -76.67% | -76.09% | ||
Real Gold Mining | HKD | 8.81 | 0 | 0.00% | 8.81 | 8.81 | 8.81 | 0 | 10-Nov | -34.28% | -41.76% | ||
Mongolia Energy | HKD | 0.73 | -0.02 | -2.67% | 0.71 | 0.74 | 0.69 | 26,834,369 | 10-Nov | -68.53% | -75.67% | ||
Zijin Mining | HKD | 3.49 | -0.36 | -9.35% | 3.6 | 3.65 | 3.48 | 65,093,173 | 10-Nov | -26.01% | -35.50% | ||
Mongolia Inv Group | HKD | 0.041 | -0.007 | -14.58% | 0.047 | 0.047 | 0.041 | 17,742,783 | 10-Nov | -72.30% | -79.70% | ||
North Asia Resources | HKD | 0.33 | -0.035 | -9.59% | 0.325 | 0.365 | 0.31 | 3,656,524 | 10-Nov | -63.74% | -76.26% | ||
China Daye Non-Fer. | HKD | 0.425 | -0.01 | -2.30% | 0.45 | 0.45 | 0.41 | 7,304,000 | 10-Nov | -24.11% | -9.57% | ||
Bestway Int’l | HKD | 0.055 | 0 | 0.00% | 0.048 | 0.055 | 0.048 | 750,000 | 10-Nov | -60.99% | -70.27% | ||
Asia Coal | HKD | 0.144 | 0 | 0.00% | 0.144 | 0.144 | 0.144 | 0 | 10-Nov | -42.40% | -46.67% | ||
Mongolian Mining | HKD | 6.65 | -0.19 | -2.78% | 6.68 | 6.7 | 6.5 | 1,041,072 | 10-Nov | -26.68% | -25.53% | ||
SGX | LionGold | SGD | 0.86 | -0.005 | -0.58% | 0.86 | 0.87 | 0.86 | 8,103,000 | 10-Nov | 17.81% | 89.01% | |
LSE | Central Asia Metals | GBp | 67 | 0 | 0.00% | 67 | 67 | 67 | 0 | 10-Nov | -25.76% | -25.35% | |
Petro Matad | GBp | 15.25 | -3 | -16.44% | 18.5 | 19 | 15.25 | 1,589,381 | 10-Nov | -87.50% | -86.91% | ||
Metal-Tech | GBp | 5 | 0 | 0.00% | 5 | 5 | 5 | 0 | 10-Nov | -67.74% | -69.70% | ||
Origo Partners | GBp | 34.75 | -2.25 | -6.08% | 36.5 | 36.75 | 34.75 | 98,591 | 10-Nov | -15.24% | -10.90% | ||
North America | Aberdeen Int’l | CAD | 0.66 | 0.03 | 4.76% | 0.64 | 0.66 | 0.64 | 31,046 | 10-Nov | -18.38% | 12.91% | |
Blue Zen Mem. Parks | CAD | 0.165 | 0 | 0.00% | 0.16 | 0.165 | 0.15 | 0 | 9-Nov | ||||
Centerra Gold | CAD | 20.14 | -0.16 | -0.79% | 20.23 | 20.87 | 20.01 | 349,083 | 10-Nov | 3.68% | 21.29% | ||
China Gold | CAD | 3.29 | -0.02 | -0.60% | 3.28 | 3.35 | 3.2 | 175,390 | 10-Nov | -39.41% | -41.67% | ||
Denison Mines | CAD | 1.46 | 0.01 | 0.69% | 1.49 | 1.52 | 1.43 | 1,212,336 | 10-Nov | -57.18% | -46.52% | ||
Denison Mines | USD | 1.43 | 0.02 | 1.42% | 1.43 | 1.49 | 1.4 | 719,405 | 10-Nov | -58.19% | -47.81% | ||
East Asia Minerals | CAD | 0.97 | -0.07 | -6.73% | 1.03 | 1.03 | 0.92 | 754,450 | 10-Nov | -87.93% | -86.22% | ||
Entree Gold | USD | 1.71 | 0 | 0.00% | 1.7 | 1.75 | 1.7 | 27,751 | 10-Nov | -50.58% | -39.36% | ||
Erdene Resource | CAD | 0.435 | 0.035 | 8.75% | 0.415 | 0.435 | 0.415 | 215,110 | 10-Nov | -64.92% | -22.32% | ||
Entree Gold | CAD | 1.74 | -0.02 | -1.14% | 1.74 | 1.75 | 1.74 | 73,200 | 10-Nov | -49.86% | -38.52% | ||
Fortress Minerals | CAD | 4.09 | -0.71 | -14.79% | 4 | 4.09 | 4 | 250 | 10-Nov | -5.98% | 13.61% | ||
Garrison Int’l | CAD | 0.025 | 0 | 0.00% | 0.025 | 0.025 | 0.025 | 30,000 | 10-Nov | -72.22% | -50.00% | ||
Gulfside Minerals | CAD | 0.085 | 0.005 | 6.25% | 0.08 | 0.085 | 0.08 | 38,291 | 10-Nov | -10.53% | -37.04% | ||
Green Tech Solutions | USD | 0.0925 | -0.0175 | -15.91% | 0.11 | 0.114 | 0.091 | 267,169 | 10-Nov | ||||
Ivanhoe Energy | CAD | 1.19 | -0.02 | -1.65% | 1.27 | 1.27 | 1.18 | 232,627 | 10-Nov | -56.25% | -52.40% | ||
Ivanhoe Energy | USD | 1.18 | 0.01 | 0.85% | 1.2 | 1.24 | 1.16 | 333,635 | 10-Nov | -56.62% | -52.23% | ||
Ivanhoe Mines | CAD | 20.38 | -0.76 | -3.60% | 21.32 | 21.72 | 20.38 | 1,228,310 | 10-Nov | -11.39% | -17.78% | ||
Ivanhoe Mines | USD | 20.33 | -0.36 | -1.74% | 21.05 | 21.3 | 20.1 | 4,439,827 | 10-Nov | -11.30% | -17.75% | ||
Kincora Copper | CAD | 0.3 | 0 | 0.00% | 0.31 | 0.31 | 0.3 | 0 | 9-Nov | 11.11% | 100.00% | ||
Khan Resources | CAD | 0.255 | 0.015 | 6.25% | 0.24 | 0.26 | 0.24 | 67,300 | 10-Nov | -46.88% | -49.00% | ||
Long Harbour | CAD | 0.1 | 0 | 0.00% | 0.12 | 0.12 | 0.06 | 0 | 9-Nov | -4.76% | |||
Lucky Strike | CAD | 0.61 | -0.05 | -7.58% | 0.64 | 0.64 | 0.61 | 16,500 | 10-Nov | -57.93% | 62.67% | ||
Lucky Strike | USD | 0.6817 | 0 | 0.00% | 0.6815 | 0.6817 | 0.6815 | 0 | 24-Oct | -51.95% | |||
Meritus Minerals | CAD | 0.04 | 0 | 0.00% | 0.04 | 0.04 | 0.035 | 180,000 | 10-Nov | -80.00% | -84.00% | ||
Manas Petroleum | USD | 0.19 | 0 | 0.00% | 0.195 | 0.195 | 0.16 | 96,300 | 10-Nov | -68.33% | -69.35% | ||
Mongolia Growth Grp | USD | 4.4325 | 0.2305 | 5.49% | 4.1705 | 4.4325 | 4.1705 | 32,200 | 10-Nov | ||||
Blue Wolf Mongolia | USD | 9.49 | -0.01 | -0.11% | 9.47 | 9.49 | 9.47 | 61,000 | 10-Nov | ||||
Blue Wolf Mongolia | USD | 10.27 | 0 | 0.00% | 10.15 | 10.27 | 10.15 | 0 | 3-Nov | ||||
Manas Petroleum | CAD | 0.16 | 0 | 0.00% | 0.16 | 0.16 | 0.16 | 15,000 | 10-Nov | ||||
Prophecy Coal | CAD | 0.63 | 0.1 | 18.87% | 0.52 | 0.63 | 0.51 | 846,680 | 10-Nov | -27.14% | -11.14% | ||
Prophecy Coal | USD | 0.5845 | 0.0605 | 11.55% | 0.4999 | 0.5845 | 0.493 | 37,050 | 10-Nov | -33.72% | -18.11% | ||
Puget Ventures | CAD | 0.49 | 0 | 0.00% | 0 | 17-Sep | |||||||
SouthGobi Resources | CAD | 7.72 | -0.18 | -2.28% | 7.94 | 7.97 | 7.65 | 33,499 | 10-Nov | -36.62% | -31.68% | ||
Solomon Resources | CAD | 0.075 | 0 | 0.00% | 0.08 | 0.08 | 0.075 | 0 | 9-Nov | -65.12% | -74.14% | ||
Wedge Energy | CAD | 0.015 | 0 | 0.00% | 0 | 3-Aug | |||||||
Mongolia Growth Grp | CAD | 4.5 | 0.15 | 3.45% | 4.26 | 4.5 | 4.24 | 66,400 | 10-Nov |
---
"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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