Short Term Trading Week Starting: 18 Dec, page-132

RTG

I mentioned the ban on open pit mining in Philippines could be overturned before the end of the year ...

http://www.malaya.com.ph/business-news/business/micc-backs-open-pit-mining-…

"This developed as the Chamber of Mines of the Philippines (COMP) announced it will adopt the Towards Sustainable Mining (TSM) initiative, a mining sustainability standard developed by the Mining Association of Canada (MAC) in order to further improve local mining operations standards.

Bayani Agabin, Department of Finance (DOF) undersecretary, said the MICC’s findings recommend the lifting of the banwhile tightening rules enforcement."

They also lifted the mineral excise tax from 2% to 4% on Monday and adopted Canadian mining standards ... HINT HINT

RTG's 64% owned Mabilo asset is 1-2Mozs @ 5-6g/t aueq. It is in the final stages of permitting, requires just $17M capex for DSO and can spin off in excess of $50Mp.a

This is completely separate to their efforts in Panguna. The market attributes no value to Mabilo while the ban on open pit mining remains. Once this is officially lifted, the value of Mabilo goes up 10 fold. Hartleys rated this as a $2.41 top 5 deposit world wide a few years back