CGX 0.00% $2.72 cga mining limited

re: arthur et al ASX ann.23/6/04....cash approx.70c/sh and no...

  1. 240 Posts.
    re: arthur et al ASX ann.23/6/04.
    ...cash approx.70c/sh and no debt.

    Combined resource (from 3 deposits) in Kyrgystan (owned 66-80%,rest owned by government) 7.79m oz Au,grades from 3.6 to 7.95 g/t (non JORC,compiled by ex Soviet geos)-see my post #311299 of 28/6/04.
    The above figures are compiled from ASX ann's.

    Kyrgystan is a Central Asian country (ex Soviet Republic),next to Mongolia,stable with low sovereign risk IMO,eager to promote mining.

    Not surprised we see an exodus of Aussie rock kickers to TSX,given the interest shown here.

    Canucks are swarming across Central Asia (witness IVN's success in Mongolia).

    If anyone interested,do your own digging.I hold.

    Regards

    nous


 
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