The only resource that matters at this stage is the one at Taldy Boluk where CGX, through a subsidiary Coy. has a controlling 51.6% interest.
Approved reserves to Soviet classification are 9 525 600 t @ 7.95 g/t Au and 6.17 g/t Ag for 2 435 000 oz AU plus Ag giving CGX entitlement to 1 256 000 oz of gold.
The orebody is deep underground and will be mined via decline access if go ahead is achieved.
Is this a good investment???
Also of note is the fact that the top 45 shareholders ( who hold 100 000 or more shares each ) control 93% of the issued ord. shares and the top 20 control 87.3%.
Cheers ..... WJ
CGX Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
