SPH sphere minerals limited

Central Asia Gold CGX[formerly Sapphire] has 90% control of 3...

  1. 2,342 Posts.
    lightbulb Created with Sketch. 89
    Central Asia Gold CGX[formerly Sapphire] has 90% control of 3 gold deposits currently with 5.2mozs in Kyrgyzstan [politically v stable and v proactive towards foreign investment in gold mining] Largest deposit Akjilga has 3.7mozs @ 12.8g/t 2nd deposit at Altyn-Jilga has grades from 40 to 150 g/t Deposits are close to large Canadian gold co Cameco's Kumtor mine which has a reserve of 10m ozs and is one of the world's largest gold mines in 2001 produced 750,000ozs at a cash cost of $142US and contributed 20% to the gdp of Kyrgystan.CGX has spiked this week but with these reserves seems v undervalued.The market should like this one.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.