chinese gold venture up 6% - why?

  1. 749 Posts.
    Does anyone know why Tianshan Goldfields Ltd. has risen 6% this morning? They have a very aggressive 9,000m drilling programme commencing next month on the Tianshan gold belt (host to > 70m oz of past production) which is purported to contain more than 2m ounces but that has been known for some months.

    I bought in a few weeks back after reading about its prospects on Warwick Grigor's Far East Capital website (Grigor has been promoting the comany to European investors in recent weeks and has a strong vested interest which he is very upfront about).

    Any info appreciated. I hold so conduct your own research.

    TIA,
    Gupper

 
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