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Wednesday, December 7, 2011

[CPSI NewsWire: Erdene Completes Mongolian Private Placement Above Target]

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

 

ERD closed at 39.5c

Resource firm (Erdene) finishes (Mongolian) placement financing

December 6 (The Chronicle Herald) Erdene Resource Development Corp. has completed private placement financing, beating its expectations with proceeds exceeding $2 million.

Led by Mongolian International Capital Corp., the process resulted in the issuance of 5,479,524 shares at 40 cents per share.

Peter Akerley, Erdene’s president and chief executive officer, said the private placement financing was successful.

With markets being depressed, companies are at a low valuation relative to their assets, so I think that provides investors with some confidence,” Akerley said. “They are getting in at a very good entry point.”

The Halifax-based company’s recent discoveries in Mongolia have spurred investors from the central Asian country to invest in Erdene, he said.

“We’re very active on a number of different projects in that region.”

One discovery included promising indications of gold and silver deposits, Akerley said.

We want to be one of the leading explorers in Mongolia, so we have a number of interests there that we will continue to explore and build up.”

Link to article

Link to ERD release

 

HAR last closed at 34c, trading at 32c-34c this morning

Chairman Increases Stake in Haranga

December 6 (Mogi) -- Haranga Resources Limited (ASX:HAR) Chairman Matthew Wood buys 1.5m HAR shares on market at average price of 28c for total consideration of A$418.3K.

Link to Director’s Interest Notice

 

Tembusu: Acquisition of Salins Limited

December 6, Tembusu Investments Limited (LON:TIL) --

The Board is pleased to announce that Nova Mongolia Corp Pte Ltd (a subsidiary of the Company) has acquired 100% of the issued share capital of Salins Limited, a company incorporated in the British Virgin Islands ("Salins") for the total sum of US$100,000.00 (the "Consideration") from Mr Mungunshagai Batsaikhan.  The Consideration was arrived at through arms length negotiations.

Salins is an investment holding company and its only asset is the entire issued share capital of ZHCH Mining LLC ("ZHCH").  ZHCH is a company incorporated in Mongolia and have its registered address at 43-7, NUB, 6-r khoroo, Sukhbaatar district, Ulaanbaatar, Mongolia.  ZHCH has already been granted all licences and permits necessary to carry out a business providing coal transportation and logistics services in Mongolia.

Neither Salins nor ZHCH has commenced any business in Mongolia or elsewhere yet and as such, never had any revenue.

Mr Batsaikhan was born in Ulaanbaatar, Mongolia on 26 November 1983. He received his Bachelor degree in Law in 2005 from the Ikh Zasag University of Mongolia and his Bachelor in Accounting from the National University of Mongolia in 2008. Mr. Batsaikhan has since then been running his own small consultancy boutique shop, specialized in the mining laws, particularly in the area of licensing of exploration and mining tenements and related state registration. He is not related to any director or substantial shareholder of the Company.

With this acquisition, and in line with the Company's new investment policy, the Company is legally able to, through ZHCH, enter into contracts to provide coal transportation and logistics services in Mongolia.

Various Appointments

The Company is pleased to announce various appointments :

(a)            The Company has engaged Ms Fer-Ling Lee, age 40 years old, a Singapore citizen, as the Chief Financial Officer of the Company.  The position is a non-Board position.

(b)            Nova Mongolia Corp Pte Ltd has appointed Mr Chung Dongwook as a non-executive director.

Link to release

 

China Daye Non-Ferro : Update on Arbitration Against Mongolian JV Partner

December 6, China Daye Non-Ferrous Metals Mining Limited (HK:661) –

This announcement is made by China Daye Non-Ferrous Metals Mining Limited (the "Company") pursuant to Rule 13.09(1) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules").

Reference is made to the announcement dated 7 October 2011 issued by the Company (the "Announcement") in relation to the Mongolian Proceedings (as defined in the Announcement). Unless otherwise specified, capitalised terms defined in the Announcement have the same meanings when used herein.

As disclosed in the Announcement, the Mongolian Arbitration Center issued an arbitral award in relation to the Mongolian Proceedings, pursuant to which the Mongolian Arbitration Center ruled that the mining right to the Aleinuer Mine had to be returned by Reservoir Moly to the Mongolian JV Partner. On 12 October 2011, CRML lodged an appeal to the Court of Appeal of Mongolia against such arbitral award. The appeal was heard on 21 November 2011. On 1 December 2011, CRML received the written ruling issued by the Court of Appeal of Mongolia, which annulled the arbitral award issued by the Mongolian Arbitration Center on the basis of procedural irregularities and directed the dispute to be re-heard by the Mongolian Arbitration Center. No further appeal is possible under Mongolian law with respect to this decision of the Court of Appeal of Mongolia. According to the advice of CRML's Mongolian legal advisers, pending the outcome of the re-hearing by the Mongolian Arbitration Center, the mining right to the Aleinuer Mine remains vested in Reservoir Moly.

Further announcement(s) in relation to the Mongolian Proceedings will be issued by the Company as and when appropriate.

Link to release

Link 7 October 2011 announcement

 

Block trade average price HK$2.65. 1733 closed at HK$2.60 on Tuesday

{BLOCK TRADE} Winsway (01733): 53.15m shrs for HK$141.00m

Winsway (01733) has recorded several block trade deal for a total of 53.15 million shares at 9:38am to 9:39am this morning.

The shares were sold at HK$2.65 apiece. 

The deal amounted to HK$141.00 million in total. 

Link to article

 

MIG: Interim Report 2011

December 6, Mongolia Investment Group Limited (HK:402) --

Link to report

 

KCC closed flat at 32c in Toronto

Kincora Copper has high hopes for Mongolian deposit

December 6 (Proactive Investors) Kincora Copper's (CVE:KCC) flagship asset is the Bronze Fox deposit in Mongolia, which is in the same geological neighbourhood as the giant Oyu Tolgoi mine, just over 100 miles to the north-east.

Oyu Tolgoi is the world’s largest undeveloped copper deposit, which also contains an estimated 46 million ounces of gold.

It was discovered by Canada’s Ivanhoe Mines (TSE:IVN) and is being developed in partnership with Rio Tinto (LON:RIO).

Production is expected to reach 450,000 tonnes of copper annually from the open pit and underground mine that will chase the high grade copper core.

Ivanhoe Mines also held the licence for Bronze Fox and explored the deposit for eight years starting in 2001 but drilled only 24 holes.

The company was eventually forced to surrender its rights to the licence.   

The history of the Bronze Fox project reveals Ivanhoe was not the first to explore the area. 

Work was carried out by geologists under the Soviet regime during the 1950s, 60s and 70s and the surface trenches and drill-holes collars there act as a reminder of this. 

A nine-year exploration licence was taken by Nadmin LLC, a Mongolian company, in 2010, and Kincora acquired the deposit in July this year. 

Covering an area of 220 square kilometres, the Bronze Fox property, or Buyant Licence as it is called now by Mineral Resources Authority of Mongolia, is divided into five areas.

They are West Kasulu, Dunlop Fox, Buchanan Heights, Sophie North, and Leca Pass.

Kincora’s efforts thus far have focused on just 35 square kilometres around those areas.

Since April this year the group has sunk more than 12,000 metres of drill holes on the Bronze Fox project in Mongolia.

And it expects to add a further 1,000 metres by the time rigs stop turning ahead of the 2011 drilling program completion winter shutdown.

Over the winter Kincora will stop drilling but will “expedite the core cutting process", analyse the 2011 season’s drilling and exploration results and complete further ground magnetic survey, said chief executive Igor Kovarsky.

This will assist in understanding the structure and location of magnetic depletions zones, he added. There may also be a further DDIP and/or PDIP line survey.  

Current drilling and geochemical soil sampling from historic trenches around the ‘gap’ zone at the West Kasulu target (current focus zone strike ~1 km) has the potential to pull together and define a conceptual lower grade, near surface resource which could support a ‘starter’ open pit development project, Kovarsky said.

There is copper mineralisation from the surface right across the 35 square kilometres of the lease so far explored at between 0.3 and 0.4 per cent on average. 

A slightly higher grade could support an open pit operation. There is also a potential gold deposit at the shear zone three kilometres to the south from the Leca Pass area. Rock chip sampling from the surface has shown a very high grade of gold – up to 93 grams per tonne of the precious metal.

However the discovery of lower lying, higher grade copper mineralisation above one per cent would change the whole complexion of the project.

There is an initial NI 43-101 technical report, which was issued this spring, and a NI 43-101 resource statement will be compiled at some point in 2012, after a next wave of drilling gets into full swing.

The drill holes containing mineralisation are up to six kilometres apart, lie predominately within a six kilometre strike high IP chargeability anomaly, are open along strike and cover a very large area of more than 35 square kilometres but only ~13% per cent of the total license area, Kovarsky said.

The group recently revealed encouraging results from three holes drilled last month.

This included a one metre intersection of 8.11 per cent copper and 1.5 grams per tonne of gold within a 106m intersection with an average grade of 0.4 per cent copper.

Two good drill holes and we would be okay. It would completely alter our approach,” said Kovarsky

Of course what the chief executive is hoping to discover is a higher grade, deeper lying ore body of the style of Oyo Tolgoi.

Grades intersected to date do indicate that there is widespread copper mineralisation, which is encouraging.

A marginal improvement in the copper grade would allow the company to initiate plans for an open pit operation. 

Bronze Fox may even support a gold mine. However the whole complexion of the project changes with the discovery of higher grades at depth where it can push underground.

If we hit some grades pretty deep and we find a second Oyu Tolgoi then it changes,” said Kovarsky

“With this type of deposit you might hit grades of 1 to 1.5 per cent copper, perhaps even 2 per cent.

“If we hit this higher grade, then the efforts will be concentrated on how deep this goes.

“By that time we might have the resource to mine open pit with the copper grade more than 0.4 per cent,” Kovarsky said.

“We’ve already identified three new geophysical anomaly high priority target areas which will be tested in next year’s exploration programme.

There are plenty of positive indications that we could find the higher grade deposit. I can’t tell you when we will hit the zone, but I am absolute sure there is something there.

“We are in the right geological area. Buyant License (Bronze Fox project) area occurs in the same early to mid-Palaeozoic island arc. 

“The island arc exhibits characteristics typical for calc-alkaline, 'island arc-type' Cu-Au porphyry deposits. All the data speaks to another Oyu Tolgoi deposit being possible.”

The work carried out over the winter months will then pave the way for the 2012 campaign, which will see Kincora sink at least 25 holes.

The company has around US$6 million in the bank. This is enough to begin 2012 new exploration programme

However, group is likely to tap the markets for funds as it “aggressively attacks the designed exploration areas and advances the project”, Kovarsky said.

He said the company has “strong support” from its main investor, Origo Partners, the Beijing headquartered and London listed private equity fund, which owns 28 per cent of the business.

Kincora, backed by Origo, is looking for other promising projects and opportunities in Mongolia

I don’t see a problem raising money at the right market conditions and timing for it. We have strong financial support from Origo and we have a few possible indications from names in Europe and USA who interested to invest in our project,” Said Kovarsky.

However, Kincora isn’t averse to bringing in a partner – a recognised mining group with deeper pockets – but only at the right price

In the meantime Kovarsky and his team will continue to piece the jigsaw together, hoping the picture will look a little like Oyu Tolgoi.

Link to article

 

Erdenes Tavantolgoi vice directors appointed

December 6 (news.mn) The Erdenes Tavantolgoi LLC Representative Managing Council met last week and appointed company vice directors.

Gren Henkog (sic) (Mogi: Graeme Hancock?!) was appointed vice director of mining, Engles (sic) (Mogi: Angus Caithness?!?) vice director of economics, Ch.Batbayar vice director of infrastructure, and N.Munkhbal vice director of administration. 

Our correspondent reports that the appointment of the vice directors has political implications, because Ch.Batbayar is a member of the DP’s National Consulting Committee and N.Munkhbal is a member of the MPP.

Link to article

 

ERDENES OYU TOLGOI COMPANY HAS BEEN SET UP

December 6 (InfoMongolia.com) The issues having a total overview or 15 day petroleum resources and establishing "Erdenes Oyu Tolgoi" company have been discussed today on December 06, 2011 through regular cabinet meeting.

The Cabinet has passed a resolution to set up "Erdenes Oyu Tolgoi" state-owned company as a subsidiary of "Erdenes MGL". The main duty of the company would be to carry out the rights of owning state shares of Oyu Tolgoi Company which owns special license on utilizing strategically important Oyu Tolgoi mineral deposit.

State Property Committee has been approved of being in charge of enforcing the company regulations to fund "Erdenes Oyu Tolgoi" company from the capital of Erdenes MGL LLC.  Furthermore subsidiary companies of Erdenes MGL will be established by each strategically important mining deposit. Erdenes Tavan Tolgoi was established as the first subsidiary company of Erdenes MGL, and this time Erdenes Oyu Tolgoi has been established.

Link to article

 

Cabinet: ABOUT CREATING OIL (Fuel) RESERVE

Ulaanbaatar, Mongolia, December 6 /MONTSAME/ Accordingly to the cabinet decision made on Tuesday, five billion togrog will be allotted from the risk fund with aim to provide the public transport with 15-day fuel. 

It has been done to avoid price boost or fuel shortage.

As the Ministry of Mineral Resources and Energy reported, oil products reserve is enough so far and the supply of fuel is stable. The cabinet has taken the above measure for creating a reserve for 2-3 months in addition to the emergency reserve.

Link to article

 

Draft election law needs more discussion

December 6 (news.mn) The MPP caucus discussed a draft election law on Monday and decided to discuss the issue with the DP caucus. 

The issue that the MPP caucus believes needs more discussion is the transferring of candidates between the 48 parliamentary seats to be contested in electoral districts and the 28 at-large seats to be determined by the proportion of votes that a party receives.

MPP caucus chairman B.Enkhtuvshin told journalists that the caucus suggested passing the draft election law this week. He said the MPP caucus has sent its suggestion to the DP caucus regarding the transfer issue. 

B.Enkhtuvshin stated that the two caucuses should clarify the issue. He explained that 76 candidates will be listed on the ballot for each party, and party votes will be counted through the candidates. Therefore, it needs to be decided which 48 candidates will represent electoral districts and which 28 will serve at large. 

The MPP caucus believes that the party should determine the transfer of candidates at a party meeting.

Link to article

 

Kuwait, Mongolia sign MoU on investment opportunities

KUWAIT, Dec 6 (KUNA) -- In the presence of visiting Mongolian President Tsakhia Elbegdorj, Kuwait and Mongolia signed on Tuesday a Memo of Understanding (MoU), aiming at boosting investment projects.

Managing Director of Kuwait Public Authority for Investment Bader Mohammad Al-Saad signed the MoU on behalf of the Kuwaiti side, while First Deputy of Mongolia's Trade and Development Bank signed on behalf of Mongolia.

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

4,262.00

-59.30

-1.37%

4,317.00

4,321.30

4,257.20

-

6-Dec

 

 

Nikkei 225

NKY:IND

8,575.16

-120.82

-1.39%

8,644.97

8,671.54

8,571.09

-

6-Dec

 

 

Hang Seng

HSI:IND

18,942.23

-237.46

-1.24%

19,011.81

19,038.48

18,818.68

-

6-Dec

 

 

FTSE 100

UKX:IND

5,568.72

0.76

0.01%

5,567.96

5,592.95

5,521.91

-

6-Dec

 

 

TSX Composite

SPTSX:IND

12,081.25

-38.08

-0.31%

12,092.75

12,162.29

12,010.45

-

6-Dec

 

 

S&P 500

SPX:IND

1,258.47

1.39

0.11%

1,257.19

1,266.03

1,253.03

-

6-Dec

 

 

ASX

Aspire Mining

AKM:AU

A$

0.32

-0.03

-8.57%

0.345

0.35

0.32

2,068,209

6-Dec

-33.33%

-21.95%

Blina Minerals

BDI:AU

A$

0.005

0

0.00%

0.005

0.005

0.005

5,474,998

6-Dec

-66.67%

-68.75%

C@

CEO:AU

A$

0.042

0

0.00%

0.041

0.042

0.04

0

25-Nov

General Mining

GMM:AU

A$

0.06

0.002

3.45%

0.058

0.06

0.058

77,970

6-Dec

-50.00%

-50.00%

Guildford Coal

GUF:AU

A$

0.75

0

0.00%

0.73

0.75

0.73

312,133

6-Dec

2.74%

15.38%

Haranga Resources

HAR:AU

A$

0.34

0.02

6.25%

0.32

0.36

0.31

2,064,196

6-Dec

-46.88%

 

Hunnu Coal

HUN:AU

A$

1.795

0

0.00%

1.78

1.795

1.78

0

16-Nov

34.46%

37.55%

Modun Resources

MOU:AU

A$

0.051

-0.004

-7.27%

0.055

0.055

0.051

1,695,070

6-Dec

410.00%

410.00%

Mongolian Res Corp

MUB:AU

A$

0.13

0

0.00%

0.13

0.13

0.13

0

2-Dec

-65.79%

Robe Australia

ROB:AU

A$

0.03

0

0.00%

0.028

0.03

0.028

0

5-Dec

220.86%

292.16%

Voyager Resources

VOR:AU

A$

0.071

-0.003

-4.05%

0.074

0.074

0.071

3,343,539

6-Dec

32.40%

116.66%

Xanadu Mines

XAM:AU

A$

0.39

-0.01

-2.50%

0.39

0.4

0.39

109,114

6-Dec

-30.97%

MSE

A Board

Aduunchuluun 

ADL:MO

MNT

6,300

-200

-3.08%

6,450

6,500

6,300

431

6-Dec

-21.25%

-24.38%

APU

APU:MO

MNT

3,400

-85

-2.44%

3,484

3,484

3,400

1,203

6-Dec

70.85%

85.39%

Atar Urguu

ATR:MO

MNT

38,000

0

0.00%

38,000

38,000

38,000

0

2-Dec

111.11%

128.92%

Baganuur 

BAN:MO

MNT

11,500

0

0.00%

11,000

11,500

11,000

223

6-Dec

9.52%

4.55%

Mogoin Gol

BDL:MO

MNT

23,550

450

1.95%

23,200

23,550

23,200

23

6-Dec

99.58%

142.78%

BDSec 

BDS:MO

MNT

3,700

0

0.00%

3,950

3,950

3,700

0

1-Dec

48.00%

48.00%

Bayangol Hotel

BNG:MO

MNT

36,000

0

0.00%

36,000

36,000

36,000

0

5-Dec

50.63%

53.26%

Bayanteeg 

BTG:MO

MNT

22,105

0

0.00%

22,110

22,110

22,105

0

29-Nov

702.94%

UB BUK

BUK:MO

MNT

33,000

0

0.00%

33,000

33,000

33,000

0

1-Dec

626.07%

Eermel

EER:MO

MNT

2,810

9

0.32%

2,870

2,870

2,800

297

6-Dec

-2.26%

8.08%

Gobi 

GOV:MO

MNT

4,700

0

0.00%

4,700

4,700

4,700

246

6-Dec

-16.07%

-16.89%

Gutal

GTL:MO

MNT

2,295

0

0.00%

2,295

2,295

2,295

0

29-Nov

Hi B Oil

HBO:MO

MNT

200

0

0.00%

200

200

200

0

1-Dec

11.11%

14.29%

Khukh Gan

HGN:MO

MNT

190

-1

-0.52%

192

192

190

361

6-Dec

1.60%

22.58%

Hermes Centre

HRM:MO

MNT

60

0

0.00%

58

60

58

0

5-Dec

11.11%

13.21%

Jenko Tour Bureau

JTB:MO

MNT

91

-2

-2.15%

93

93

91

766

6-Dec

-3.19%

-4.21%

Telecom Mongolia

MCH:MO

MNT

2,799

-51

-1.79%

2,750

2,799

2,750

300

6-Dec

-20.03%

-23.32%

Mongolia Dev Res

MDR:MO

MNT

1,250

0

0.00%

1,250

1,250

1,250

0

30-Nov

-3.85%

0.00%

Moninjbar

MIB:MO

MNT

145

0

0.00%

146

146

145

5,599

6-Dec

26.09%

26.09%

Mongol Nekhmel

MNH:MO

MNT

2,450

0

0.00%

2,450

2,450

2,400

0

5-Dec

88.46%

113.04%

Hotel Mongolia

MSH:MO

MNT

798

8

1.01%

798

798

798

62

6-Dec

22.77%

Darkhan Nekhii

NEH:MO

MNT

6,600

400

6.45%

6,600

6,600

6,600

15

6-Dec

34.69%

33.58%

Nak Tulsh

NKT:MO

MNT

181

0

0.00%

181

181

180

0

5-Dec

-44.31%

-48.58%

Olloo

OLL:MO

MNT

142

0

0.00%

142

142

142

0

5-Dec

-5.33%

-13.41%

Remikon 

RMC:MO

MNT

190

-2

-1.04%

190

192

188

128,225

6-Dec

163.89%

153.33%

Sharyn Gol 

SHG:MO

MNT

12,100

-100

-0.82%

12,100

12,100

12,100

20

6-Dec

15.24%

15.24%

Shivee Ovoo

SHV:MO

MNT

16,000

-1

-0.01%

16,000

16,000

16,000

100

6-Dec

23.08%

18.52%

Sor

SOR:MO

MNT

3,000

100

3.45%

2,950

3,000

2,950

700

6-Dec

300.00%

275.00%

Suu 

SUU:MO

MNT

65,000

-5000

-7.14%

65,500

65,500

65,000

62

6-Dec

209.72%

209.72%

Tav

TAV:MO

MNT

31,000

0

0.00%

30,000

31,000

30,000

0

2-Dec

Talkh Chikher

TCK:MO

MNT

10,900

100

0.93%

10,800

10,900

10,800

11

6-Dec

194.60%

211.43%

Tavantolgoi

TTL:MO

MNT

10,700

-50

-0.47%

10,800

10,800

10,700

116

6-Dec

85.76%

State Dept Store 

UID:MO

MNT

490

10

2.08%

475

490

475

7,149

6-Dec

13.95%

15.57%

Ulaanbaatar Hotel

ULN:MO

MNT

51,000

-3000

-5.56%

51,000

51,000

50,000

37

6-Dec

85.45%

92.44%

Mongol Savkhi

UYN:MO

MNT

2,100

0

0.00%

2,100

2,100

2,100

0

5-Dec

281.82%

281.82%

Zoos Goyol

ZOO:MO

MNT

850

30

3.66%

850

850

850

365

6-Dec

7.59%

6.25%

HKEx

Solartech Int’l

1166:HK

HKD

0.192

0.001

0.52%

0.191

0.196

0.19

24,622,500

6-Dec

-80.00%

-80.41%

Winsway

1733:HK

HKD

2.6

-0.09

-3.35%

2.68

2.68

2.52

6,205,000

6-Dec

-42.15%

-39.56%

SouthGobi Resources

1878:HK

HKD

54

-0.7

-1.28%

54.95

54.95

53.7

13,850

6-Dec

-45.73%

-44.47%

China Gold

2099:HK

HKD

21.55

-0.45

-2.05%

21.6

21.9

21.05

110,900

6-Dec

-48.69%

-51.74%

CNNC Int’l

2302:HK

HKD

2.03

0

0.00%

2

2.03

1.98

1,067,000

6-Dec

-76.67%

-77.17%

Real Gold Mining

246:HK

HKD

8.81

0

0.00%

8.81

8.81

8.81

0

6-Dec

-34.28%

-40.44%

Mongolia Energy

276:HK

HKD

0.8

-0.01

-1.23%

0.81

0.82

0.79

10,384,426

6-Dec

-65.52%

-68.63%

Zijin Mining

2899:HK

HKD

3.34

-0.16

-4.57%

3.45

3.49

3.33

27,404,074

6-Dec

-29.19%

-32.74%

Mongolia Inv Group

402:HK

HKD

0.044

0.002

4.76%

0.042

0.045

0.041

4,494,000

6-Dec

-70.27%

-69.86%

North Asia Resources

61:HK

HKD

0.232

0.006

2.65%

0.221

0.233

0.221

7,700,000

6-Dec

-74.51%

-83.19%

China Daye Non-Fer.

661:HK

HKD

0.47

-0.005

-1.05%

0.48

0.48

0.465

3,446,000

6-Dec

-16.07%

-7.84%

Bestway Int’l

718:HK

HKD

0.083

0.008

10.67%

0.08

0.084

0.08

1,180,000

6-Dec

-41.13%

-43.15%

Asia Coal

835:HK

HKD

0.1

0

0.00%

0.1

0.1

0.1

0

6-Dec

-60.00%

-60.00%

Mongolian Mining

975:HK

HKD

6.21

0.01

0.16%

6.35

6.35

6.2

341,380

6-Dec

-31.53%

-28.54%

SGX

LionGold

LIGO:SP

SGD

0.86

0.005

0.58%

0.855

0.865

0.855

9,532,000

6-Dec

17.81%

38.71%

LSE

Central Asia Metals

CAML:LN

GBp

56

0

0.00%

56

56

56

0

6-Dec

-37.95%

-36.72%

Petro Matad

MATD:LN

GBp

20.5

0.75

3.80%

19.75

22.375

19.75

702,530

6-Dec

-83.20%

-78.19%

Metal-Tech

MTT:LN

GBp

5

0

0.00%

5

5

5

0

6-Dec

-67.74%

-68.25%

Origo Partners

OPP:LN

GBp

34.5

0

0.00%

34.5

34.5

34.5

10,852

6-Dec

-15.85%

-12.10%

Tembusu

TIL:LN

GBp

2.375

0

0.00%

2.375

2.375

2.375

0

6-Dec

-13.64%

North

America

Aberdeen Int’l

AAB:CN

CAD

0.63

0.01

1.61%

0.61

0.64

0.61

155,549

6-Dec

-22.09%

2.64%

Blue Zen Mem. Parks

BZM:CN

CAD

0.145

-0.005

-3.33%

0.145

0.145

0.145

1,120

6-Dec

Centerra Gold

CG:CN

CAD

22.41

-0.02

-0.09%

22.43

22.91

22.17

960,050

6-Dec

15.37%

-0.44%

China Gold

CGG:CN

CAD

2.85

0.02

0.71%

2.83

2.88

2.75

122,886

6-Dec

-47.51%

-50.78%

Denison Mines

DML:CN

CAD

1.49

-0.01

-0.67%

1.48

1.5

1.42

1,724,430

6-Dec

-56.31%

-56.81%

Denison Mines

DNN:US

USD

1.4699

-0.0001

-0.01%

1.47

1.48

1.39

1,098,524

6-Dec

-57.02%

-57.39%

East Asia Minerals

EAS:CN

CAD

0.73

-0.05

-6.41%

0.77

0.78

0.72

184,615

6-Dec

-90.92%

-89.92%

Entree Gold

EGI:US

USD

1.27

0

0.00%

1.3

1.31

1.26

125,795

6-Dec

-63.29%

-56.65%

Erdene Resource

ERD:CN

CAD

0.395

-0.015

-3.66%

0.41

0.41

0.395

38,290

6-Dec

-68.15%

-67.08%

Entree Gold

ETG:CN

CAD

1.29

-0.02

-1.53%

1.31

1.31

1.25

112,549

6-Dec

-62.82%

-55.97%

Fortress Minerals

FST:CN

CAD

4.02

-0.23

-5.41%

4.02

4.02

4.02

500

6-Dec

-7.59%

46.18%

Garrison Int’l

GAU:CN

CAD

0.02

0

0.00%

0.02

0.02

0.02

10,000

6-Dec

-77.78%

-71.43%

Gulfside Minerals

GMG:CN

CAD

0.065

-0.005

-7.14%

0.065

0.065

0.065

92,000

6-Dec

-31.58%

-40.91%

Green Tech Solutions

GTSO:US

USD

0.069

0.009

15.00%

0.054

0.07

0.054

196,358

6-Dec

Ivanhoe Energy

IE:CN

CAD

0.91

0

0.00%

0.91

0.92

0.87

470,761

6-Dec

-66.54%

-62.24%

Ivanhoe Energy

IVAN:US

USD

0.9

-0.02

-2.17%

0.91

0.91

0.86

850,869

6-Dec

-66.91%

-62.03%

Ivanhoe Mines

IVN:CN

CAD

22.71

1.11

5.14%

21.62

23

21.2

2,050,769

6-Dec

-1.26%

-14.95%

Ivanhoe Mines

IVN:US

USD

22.53

1.27

5.97%

21.17

22.8

20.94

7,147,272

6-Dec

-1.70%

-14.70%

Kincora Copper

KCC:CN

CAD

0.32

0

0.00%

0.315

0.32

0.3

0

5-Dec

18.52%

113.33%

Khan Resources

KRI:CN

CAD

0.225

-0.015

-6.25%

0.225

0.225

0.225

1,000

6-Dec

-53.13%

-45.12%

Long Harbour

LHC:CN

CAD

0.165

0

0.00%

0.165

0.165

0.165

0

28-Nov

Lucky Strike

LKY:CN

CAD

0.37

-0.015

-3.90%

0.36

0.37

0.36

28,500

6-Dec

-74.48%

-60.22%

Lucky Strike

LKYSF:US

USD

0.3677

0

0.00%

0.3677

0.3677

0.3677

0

5-Dec

-74.08%

-60.50%

Meritus Minerals

MER:CN

CAD

0.035

0

0.00%

0.03

0.035

0.03

47,000

6-Dec

-82.50%

-77.42%

Manas Petroleum

MNAP:US

USD

0.174

0.009

5.45%

0.16

0.174

0.16

79,000

6-Dec

-71.00%

-68.93%

Mongolia Growth Grp

MNGGF:US

USD

4.295

0.032

0.75%

4.2855

4.3014

4.2855

3,300

6-Dec

 

 

Blue Wolf Mongolia

MNGL:US

USD

9.55

0

0.00%

9.51

9.55

9.51

0

5-Dec

 

 

Blue Wolf Mongolia

MNGLU:US

USD

10.28

0

0.00%

10.15

10.28

10.15

0

2-Dec

 

 

Manas Petroleum

MNP:CN

CAD

0.16

0

0.00%

0.16

0.16

0.16

0

10-Nov

Prophecy Coal

PCY:CN

CAD

0.46

-0.02

-4.17%

0.465

0.465

0.455

227,190

6-Dec

-46.80%

-47.32%

Prophecy Coal

PRPCF:US

USD

0.465

-0.002

-0.43%

0.4538

0.465

0.4538

1,920

6-Dec

-47.27%

-48.55%

Puget Ventures

PVS:CN

CAD

0.49

0

0.00%

0

17-Sep

SouthGobi Resources

SGQ:CN

CAD

7.06

-0.08

-1.12%

7.01

7.13

7

132,289

6-Dec

-42.04%

-49.35%

Solomon Resources

SRB:CN

CAD

0.065

-0.01

-13.33%

0.07

0.07

0.065

300,000

6-Dec

-69.77%

-60.61%

Wedge Energy

WEG:CN

CAD

0.015

0

0.00%

0

3-Aug

 

 

Mongolia Growth Grp

YAK:CN

CAD

4.28

-0.07

-1.61%

4.35

4.35

4.28

19,500

6-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.

 

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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