potential is incredible in our backyard - , page-2

Interesting link. South Gobi's coal assets (producing mine, development projects and 14 exploration licences) are an indicator of the likely focus of future GMM acquisitions in Mongolia.

Certainly any announcement on a coal acquisition would put a rocket under GMM's SP. However I am quietly confident that we have turned a corner and the two drilling programs over the next few months will produce a rising SP as we wait for results. The major risk as I see it is a sustained downturn in the broader market.