I see today that Lingbao Gold, a large Chinese gold producer, has taken an interest in GPR which is exploring on Woodlark Island off the coast of PNG, where it already has a mining licence and has approx. 1.7Moz of gold defined. This follows an earlier placement to Mr Jingtao Chi of Hong Kong.
I am not aware of other Chinese interests in PNG gold and so this could be the start of something. If so, then Misima could be on the radar screen.
KSN Price at posting:
7.9¢ Sentiment: Buy Disclosure: Held
