is 2013 the year of recovery, page-4

With Mgt increasing their holding, guess the market may be inspired in due course.
Meantime, we have news that our South Gobi Licence neighbour has resumed mining operations.

http://www.southgobi.com/s/NewsReleases.asp?ReportID=577319&_Type=News-Releases&_Title=SouthGobi-Resources-resumes-Ovoot-Tolgoi-Mine-operations

One major observation on their Home page, is the prospect of our licence region - most like the Nth Qld Bowen Basin ~ quote:

" Importance of the Ovoot Khural Basin:

*Permian-age coal bearing basin only 40 km from China
*Coal identified over 150 km strike length
*Land equivalent to prime hard coking coal region of Bowen Basin in Australia (largest seaborne coking coal exporting region today)
*Rail infrastructure and coal loader constructed by Chinese to access "

An extract from South Gobi web :
http://www.southgobi.com/s/OvootTolgoi.asp

Expecting up-date in due course, but can somehow understand the new push for proving up this 'neck of the woods'.

Cheers :)