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Thursday, July 28, 2011

[cpsinewswire] [CPSI NewsWire: TVN Up 31% Intraday, But Closes Flat After 192m Coal Sequence Discovery]

CPS International is a marketing arm of CPS Securities in Mongolia. CPS Securities is a Perth, Western Australia based AFSL License Holder. To trade ASX and international stocks, feel free to contact me at mogi@cpsinternational.mn or +976-99996779.

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Close: Mongolia Related ASX Listed Companies, July 28, 2011

 

Code

Last https://myasx.asx.com.au/images/price_unchanged.gif

$ +/-

Bid

Offer

Open

High

Low

Volume

VOR

 0.050  Down

 -0.003

 0.050

 0.052

 0.050

 0.052

 0.048

 11,472,357

HUN

 1.335  Down

 -0.025

 1.310

 1.340

 1.335

 1.360

 1.300

 804,119

HAR

 0.210  Down

 -0.020

 0.210

 0.230

 0.235

 0.235

 0.210

 475,758

AKM

 0.580  Down

 -0.030

 0.570

 0.580

 0.580

 0.585

 0.565

 629,247

BDI

 0.010  Down

 -0.001

 0.009

 0.010

 0.011

 0.011

 0.010

 5,268,098

BKM

 0.006  No change

 0.000

 0.005

 0.006

 0.000

 0.000

 0.000

 0

CEO

 0.125  Up

 0.015

 0.120

 0.125

 0.110

 0.130

 0.110

 12,254,327

GMM

 0.150  No change

 0.000

 0.150

 0.165

 0.150

 0.160

 0.150

 195,378

GUF

 1.280  Down

 -0.005

 1.270

 1.290

 1.260

 1.290

 1.245

 253,065

LRL

 0.275  Down

 -0.005

 0.270

 0.280

 0.280

 0.280

 0.275

 540,880

MUB

 0.350  Down

 -0.050

 0.320

 0.350

 0.350

 0.350

 0.350

 3,000

TVN

 0.070  Up

 0.001

 0.070

 0.071

 0.088

 0.091

 0.069

 137,761,853

XAM

 0.550  Down

 -0.040

 0.550

 0.565

 0.570

 0.570

 0.550

 173,490

LEI

 21.310  Down

 -0.430

 21.300

 21.310

 21.310

 21.450

 21.080

 664,573

RIO

 81.200  Down

 -1.390

 81.200

 81.220

 81.050

 81.560

 81.050

 3,445,292

BHP

 42.030  Down

 -0.970

 42.020

 42.040

 42.210

 42.390

 42.030

 15,587,830

Source: asx.com.au

 

TVN closed up 0.1c or 1.45% to 7c

TVN Corporation exits halt with a bang after 192m coal sequence in Mongolia

July 28 (Proactive Investors Australia) TVN Corporation (ASX: TVN) has lifted the trading halt on the company by announcing some very significant coal drilling results from the Nuurst project in central Mongolia.

The highlight is the continued significant coal sequence 192 metres thick, with multiple seams including a single seam of a substantial 115.5 metres thick.

Most importantly for the company - initial assays confirm high quality Mongolian thermal coal with a CV of 6635 kcal/kg (daf).

The market applauded the result with the shares jumping out of pre-open to sit up 30% on the day at $0.09, a major win for long time investors considering the share price was just $0.01 a month ago.

The happiest investors in the stock though must be the participants from the placement earlier in the month who managed to snaffle up shares at just $0.02.

Nuurst has an exploration target of 50 to 100 million tonnes of thermal coal, with a calorific value range Qdaf 6200 to 6800 kcal/kg.

Link to article

Link to TVN release

 

Lucky Strike Commences NI 43-101 on Mongolian CN Coal Properties

Jul. 27, 2011 (Marketwire Canada) -- VANCOUVER, BRITISH COLUMBIA -- Lucky Strike Resources Ltd. ("Lucky Strike" or the "Company") (TSX VENTURE:LKY) announces that it has retained Norwest Corporation ("Norwest") in Salt Lake City, Utah, USA to prepare a Canadian National Instrument 43-101 ("NI 43-101") compliant Technical Report on the CN Coal Properties covering six mining exploration licenses located within the Choir-Nyalga coal basin of central Mongolia on the terms set out below. This announcement is further to the Company's news release dated July 11, 2011, in which Lucky Strike announced that it has signed definitive agreements to acquire an 80 percent interest in the CN Coal Properties subject to the completion of legal and technical due diligence and acceptance by the TSX Venture Exchange.

Norwest has been engaged to provide a preliminary assessment of the reportable coal resource estimates based on the results of a 2,000 meter exploration drill program supervised by Norwest in 2009 on three of the six CN coal properties. This data has not previously been interpreted and could be used along with the historical data to assess the quantity of coal for the six licensed properties, if any, which may be classified as a coal resource in accordance with NI 43-101 standards.

All work required to complete the NI 43-101 Technical Report, including the three-dimensional geological model and resource assessment, will be undertaken by Norwest in a two-phase program. In Phase I, Norwest will complete the analysis of data from the exploration drill program that was carried out in 2009, perform seam correlation, geological modeling and preliminary resource assessment, which is expected to be completed by August 2011. Phase I efforts are intended to provide Lucky Strike with a preliminary assessment of reportable coal resource estimates that could be included in a NI 43-101 compliant resource calculation. Based on results of the Phase I work program, Lucky Strike may elect to proceed with Phase II, which would include completion and filing of a NI 43-101 compliant Technical Report.

2009 Drill and Assay Results

In 2009, Norwest completed a historic data compilation and interpretation study of the 2,156 hectare area from three of the six properties and surrounding area and prepared a NI 43-101 Technical Report on behalf of Gulfside Minerals Ltd, entitled Onjuul Property, Tov Aimag, Mongolia, dated August 12, 2009. Upon the integration of all available data, Norwest then determined prospective targets for the 2,000-meter drilling program, which was carried out in the winter of 2009. Results of the 2009 exploration program include:

Table 1

Drill

Drill

Total

Thickest

Thickest

Hole

Northing

Easting

Depth

Coal

Seam

Seam

Interval

(Meters)

(Meters)

(Meters)

(Meters)

NJ-09-22C

5167713

538626

204.0

56.4

38.1

46.5-84.6

NJ-09-23C

5168344

538133

181.2

48.7

28.8

37.6-66.4

NJ-09-24C

5168000

539034

201.4

34.4

12.1

26.8-38.9

NJ-09-25R

5168220

539363

280.0

28.2

10.4

85.8-96.2

NJ-09-26C

5167220

539324

192.5

30.3

10.4

174.4-184.8

NJ-09-27

5167941

537787

No Coal

NJ-09-28C

5166830

538748

51.5

13.9

13.9

36.5-50.4

NJ-09-29C

5165790

538236

233.2

16.8

12.3

42.1-54.4

NJ-09-30R

5166840

538742

186.0

38.1

28.8

33.4-62.2

NJ-09-31R

5168050

538380

162.0

57.3

42.40

62.7-105.1

NJ-09-32R

5167891

538866

200.0

16.5

8.1

61.1–69.2

Stewart Group Labs (UK Company), a global provider of geochemical & assay solutions to the exploration industry, analyzed 128 coal quality samples obtained during the 2009 drilling program in their certified testing facility in Ulaanbaatar, Mongolia. The analytical suite included total and air-dried moisture, ash, volatile matter, fixed carbon, sulphur content, and calorific value. The samples were defined to represent the various coal benches within each seam. The samples for the various coal benches were mathematically composited to provide an estimated, weighted average of seam coal quality. The weighted averages for the individual seams are presented on an air-dried basis in Table 2 below.

2009 Coal Quality on Air-Dried Basis

Table 2

Seam ID

1

2U

2L

2.5

3

Average

Minimum

Maximum

Moisture %

9.0

8.6

8.6

8.0

8.2

8.5

8.0

9.0

Ash %

22.1

13.3

15.5

24.3

19.6

19.0

13.3

24.3

S %

1.5

1.7

1.2

0.6

1.0

1.2

0.6

1.7

Volatile Matter %

31.5

34

33.5

27.1

32.9

31.8

27.1

34

Fixed Carbon %

37.4

44.1

42.5

32.9

39.3

39.3

32.9

44.1

Calorific Value (KCal/Kg)

4,488

5,411

5,290

4,004

4,929

4,824

4,004

5,411

The three coal exploration properties under study represent 2,156 hectares of the contiguous 13,096-hectare block which is comprised of six mining exploration licenses and coal properties representing the CN coal properties.

In accordance with a summary table of coal inventory titled 'Mongolian Coal Basins and Deposits', the potential coal tonnage within and surrounding the CN Coal Properties including licensed and non-licensed areas in the vicinity is estimated to contain Mongolian P1 resources of 232 million tonnes, P2 resources of 1,017.9 million tonnes and P3 resources of 271.4 million tonnes for a total of 1.52 billion tonnes historical resource. A qualified person has not done sufficient work to classify the historical estimate as current mineral resources; the Company is not treating the historical estimate as current mineral resources and the historical estimate should not be relied upon.

Link to release

 

MIG: RESIGNATION OF EXECUTIVE DIRECTOR

July 27, Mongolia Investment Group Limited (HK:402) -- The board of directors (the "Board") of Mongolia Investment Group Limited (the "Company") announces that Mr. WONG Tak Chung ("Mr. Wong") has resigned as an executive director of the Company effective from 27 July 2011 due to the re-designation of his duties as Chief Operating Officer (Mining) of the Company.

Mr. Wong confirmed that he has no disagreement with the Board and there are no matters relating to his resignation that need to be brought to the attention of the shareholders of the Company.

Link to release

 

GTSO Secures $3.25 Million Financing

SAN JOSE, Calif., Jul 28, 2011 (BUSINESS WIRE) -- Green Technology Solutions Inc. (otcqb:GTSO) announced the closing of a $3.25 million financing agreement today. This funding is expected to allow the Company to continue the evaluation and development of rare earth minerals projects to profitability.

"Rare earth minerals are critical to critical modern technologies. They are used in computers, cell phones, iPads, magnets, batteries, wind turbines, electric car batteries and solar panels," noted CEO John Shearer. "With $3.25 million in available financing, we can breath easier as we tackle the exciting projects we've sunk our hands into," he added.

"We are currently focused on the evaluation of promising prospects for rare earth minerals in Mongolia as well as other target rich locations. This funding will allow us to move aggressively to lock in opportunities as they mature," he concluded.

GTSO has agreements in place for the evaluation and development of mineral assets on more than 17,000 acres in Mongolia that the company believes hold the potential for significant commercial production of rare earth minerals.

China, which produces more than 90 percent of the world's rare earths, has sparked worldwide fears of supply shortages with strict new export policies, sending prices soaring. GTSO is working to capitalize on these favorable new market dynamics by developing new sources of rare earths outside of China.

Link to release

 

Mongolia expresses reservations about nuclear fuel repository plan

July 28, TOKYO (Kyodo) -- Mongolia has reservations about a plan to build a facility there to store or dispose of spent nuclear fuel from other countries, Japanese Foreign Minister Takeaki Matsumoto said Wednesday.

Matsumoto told a parliamentary session that when he met with his Mongolian counterpart Gombojav Zandanshatar last Saturday, the Mongolian minister said his country would find it difficult under domestic law to take in nuclear waste from overseas.

The Japanese minister said Zandanshatar brought up the issue when the two were discussing cooperation on civilian nuclear power generation, including the development of uranium in Mongolia, during a meeting in Bali, Indonesia, on the fringes of a regional security meeting there.

Japan, the United States and Mongolia have informally discussed a plan to establish a nuclear fuel repository in Mongolia, but the talks have not yielded any conclusions, Matsumoto said.

Toshiba Corp. has lobbied a senior U.S. government official to realize an international nuclear fuel supply scheme that includes the construction of a nuclear waste repository in Mongolia, according to a copy of a letter by the company's president obtained by Kyodo News.

Link to article

 

Mongolian Journalist Released on Bail

IPI Welcomes Release, Remains Concerned at Apparent Lack of Transparency

VIENNA, 28 July 2011 (IPI) - Dolgor Chuluunbaatar, the editor-in-chief of Mongolia's Ulaanbaatar Times who was imprisoned in March for the alleged illegal privatization of a newspaper, was released on bail today on the grounds of poor health according to human rights organization Globe International.

"He's at home right now at a hospital getting treatment for an eye condition," Globe International President Naranjargal Hashhuu told IPI. "I can't confirm whether his condition was a result of his treatment in jail because he had some health problems before."

Chuluunbaatar was taken into custody on 24 March in Ulaanbaatar. He is accused by the Sukhbhaatar district court of violating a criminal law about private and government property and faces a 15-year prison sentence if convicted. According to a statement by the Asia Journalist Association, of which Chuluunbaatar is currently vice president, he had been denied an open court trial after his indictment on 7 April, as well as previous requests for bail. Despite his ailing health, the news that the veteran journalist has been granted a release on bail comes as a hopeful step in what may potentially be a long legal process. 

"I'm afraid he will probably be on bail until the court process begins," said Hasshuu. "It's going to be a long process. Different advocates don't have access to any information about the case. It's very political. Our initial purpose was to have him out on bail, so now we will campaign again until we find out more about the case."  

IPI Director Alison Bethel McKenzie said: "We welcome the release of Dolgor Chuluunbaatar. However, we remain concerned at the apparent lack of transparency in the criminal proceedings. Furthermore, we would like to stress that no journalist should be in prison because of their work."

Link to article

 

India inks defence cooperation pact with Mongolia

July 28 (PTI) Giving a fillip to its ties with Mongolia, India on Thursday signed a defence cooperation agreement with the northeast Asian country and announced that it would extend a $20 million Line of Credit for a joint IT, education and outsourcing centre to be set up here.

India and Mongolia also inked two pacts on media exchanges and cooperation between their planning commissions in the presence of President Pratibha Patil, who is here on a three-day visit.

Ms. Patil is the first Indian President to visit Mongolia in 23 years.

After her half-an-hour restricted talks with this country's leadership, Ms. Patil said her parleys with President Tsakhia Elbegdorj were held in a warm, friendly and cordial atmosphere.

"My visit seeks to strengthen our relationship, building upon the momentum generated by the visit of President Elbegdorj to India in September 2009, when our ties were expanded to a comprehensive partnership," she said.

"We have signed an agreement of cooperation between the Planning Commission of India and its Mongolian counterpart.

"There is considerable expertise on plan formulation and implementation in India. We look forward to sharing our experience in this area with Mongolia," Ms. Patil said.

A bilateral defence cooperation agreement was also signed, she said, adding "...India is willing and ready to expand collaboration in this sphere."

Besides, she said that New Delhi will extend a Line of Credit of $20 million for the 'India-Mongolia Joint Information Technology, Education and Outsourcing Centre' to be established here.

The two countries also discussed ways to further cooperation in the peaceful use of radioactive minerals and nuclear energy.

"We also agreed to explore the possibilities of improving air connectivity between our two countries so as to enhance contacts between our peoples, including through tourism," Ms. Patil said.

With an MoU on media exchanges signed between the two governments, "We can now hope to see more media persons from Mongolia in India. We will also send more Indian journalists here," she said.

The agreements were signed in a grand hall at the National Assembly.

Ms. Patil, who arrived here yesterday following her three-day visit to South Korea, visited the historic Sukhbaatar square today and offered floral tributes to a statue of Mahatma Gandhi here. Members of the Indian community sang a song in praise of the Father of the Nation.

The President was given a ceremonial welcome by the Mongolian security services personnel at the Sukhbaatar square, which has a grand statue of Genghis Khan.

She took salute from the force during the grand ceremony and said 'thank you' in Mongolian language, which was applauded by a number of people present at the event, including politicians and officials.

Mongolia is celebrating the "Year of Anniversaries", including the 805th anniversary of the establishment of the Great Mongolian State under the leadership of Genghis Khan and 90th anniversary of the Mongolian Independence and Sovereignty.

Ms. Patil stressed on reviving Mongolia's contacts with Nalanda University, which is being rejuvenated as a regional seat of learning and excellence, in particular of Buddhist studies.

"It is encouraging that we also share other values such as democracy, rule of law and upholding the rights of the individual. This forms the bedrock of our bilateral cooperation," Ms. Patil said.

"My discussions with President Elbegdorj today were wide-ranging and covered the entire gamut of our bilateral relations as well regional and global issues of mutual interest," she said.

India will also upgrade and modernise the Rajiv Gandhi Art and Production School as well as the Atal Bihari Vajpayee Centre of Excellence in Information and Communication Technology here.

"We will complete this work soon. Further, we have agreed to work together on a joint India-Mongolia School," Ms. Patil said.

Mongolia is spread in an area of 1.565 million square km and has a population of about 2.7 million. About 92 per cent of its population follows Buddhism and the country shares its border with China and Russia.

India and Mongolia are good trading partners. India exports pharma products, veterinary medicines, automobiles and their parts to this country and the bilateral trade has touched $16.9 million.

India has also decided to increase the number of slots available to Mongolia under the Indian Technical Education Cooperation (ITEC) Programme to 150.

"The number of Indian Council of Cultural Relations (ICCR) scholarships available to Mongolia will be increased to 50. India will assist in human resource development and capacity building efforts of Mongolia," Ms. Patil said.

Extending her support to Mongolia "in any way," she thanked the country for backing India's bid for the permanent membership of an expanded United Nations Security Council.

Link to article

 

India will impart dynamism into ties with Mongolia: Patil

July 27 (PTI) India will explore new avenues to impart more dynamism into its relations with mineral-rich Mongolia especially in coal, steel and infrastructure sectors, President Pratibha Patil said on Wednesday.

"India will focus on the ways and means to impart more economic content to our relationship and to see how India can play a more dynamic role in the core strengths of the Mongolian economy for example in coal and steel," Ms. Patil said while addressing the members of 'India Club', a community formed by Indians here.

Ms. Patil, who is on three-day visit here, said that the country will further ties with its North East nation through 3 Es -- Enterprise, Economics and Education.

The President asked Indian diaspora to contribute towards the strong relationship of both the countries.

"In a more contemporary context, we seek to connect with Mongolia through what I call the 3 Es i.e. Enterprise, Economics and Education.

"In today's milieu, I see a responsibility for all assembled here, as you are the people who interact on a regular basis and propel India-Mongolia relations. You are the vehicle, the via-media to take the relationship forward, to provide the relationship content, substance and meaning," Ms. Patil said.

The President also addressed a 32-member industry delegation during a function organised by Indian Embassy officials here.

Link to article

 

China to Learn Multilateral Negotiations in Mongolian Venture

Jul. 28 (China Briefing) – The Chinese state-owned mining company Shenhua has won the lead bid as part of a joint Chinese, Mongolian, Russian, and U.S. consortium to develop the western Tsankhi block of the Tavan Tolgoi coal mining field in Mongolia. Shenhua has been granted the leading 40 percent share, leaving a Russian-Mongolian concern with 36 percent and U.S.-based Peabody Energy with 24 percent.

The deal is typical in its political structuring, with the Mongolian government, as expected, opting in part to satisfy China's huge appetite for energy resources. The open pit Tavan Tolgoi, one of the world's largest untapped mines, has proven coal reserves of 6.4 billion tons, including 1.2 billion tons in the Tsankhi block alone. But the government also wants to use the mine project to strengthen its longtime political and cultural links with Russia, while including Peabody can be seen as a nod to America's role as a geopolitical balancer in Asia, especially for Mongolia's relations with China and Russia.

Shenhua has long shown its interest in Mongolian coal investment. In 2009, the company started building an Inner Mongolia railroad line from the coal-belt city Baotou to Ganqimaodu at the Mongolian border – just 180 kilometers from Tavan Tolgoi. Shenhua's current annual production capacity is about 400 million tons of coal. The company currently has about RMB70 billion in cash available for acquisitions.

However, details of the three-way split at Tavan Tolgoi have yet to be finalized, and none of the three operators have given public explanations as to how they may proceed or even work together. That is likely to prove interesting for Shenhua, even with their larger stake.

Russian companies chosen by the Mongolian government have until now shown only scant interest in developing Tavan Tolgoi. Indeed, the Russians may eventually cash out by transferring their mining rights as soon as the contract is signed. For Mongolia, the government plans to use some of the money raised through the bidding process on social projects. The rest would go toward eastern Tavan Tolgoi mines being developed by Mongolia's state-owned Erdenes, which is due for an initial public offering, perhaps on the Hong Kong or London Stock Exchange, in the first quarter of 2012.

Moreover, disagreements between the three winning bidders may arise over issues such as feasibility studies, spending levels and public stock. The Russian side lacks capital, while the Chinese and American concerns may differ over the project's rate of return. A Huatai Securities research report said the three-way talks and the sheer size of the project may hold back a production startup until late 2013.

Another possible sticking point is transportation. Mongolia currently operates a single trunk railroad between the border with Russia and Erenhot, Inner Mongolia, that's unable to meet current demand for freight trains and would be hard pressed to handle more coal trains.

However, railroad plans for the Tavan Tolgoi mine have yet to be determined. One option is to build a railroad south to Shenhua's railhead in China. Another option is to build an east-west line linking Tavan Tolgoi to the existing north-south line between Russia and China. The Chinese government favors the first option, but for national security reasons Mongolian officials are unwilling to open a new rail line at the China-Mongolia border, according to a source with information on the topic.

The second option – which reportedly Russia prefers – would lead to the first upgrade for the Mongolian line to Erenhot since it opened about 60 years ago. Another challenge is that Mongolia has Russian-style, broad-gauge railroad tracks, while China's are standard gauge. The Russian-backed option may have an additional advantage in that its Ministry of Railways and the Mongolia Ministry of Roads, Transport and Tourism each hold 50 percent of the Mongolian railroad operator, Ulaanbaatar Railway.

Either way, Shenhua, and the Chinese government, are going to be learning a great deal about multilateral cooperation between Russia and the United States while doing business in old Cold War territory. With China becoming partially dependent upon Mongolian reserves, they may have to be more flexible in the next decade over operating in multilateral joint ventures than they have shown in recent territorial disputes.

Link to article

 

Erdenes Signs First Sales Contract For Mongolian Coal Deposits

July 27, SINGAPORE -(Dow Jones)- Mongolia's state-owned Erdenes Tavan Tolgoi LLC signed its first-ever term contract to sell coal from the giant Tavan Tolgoi coking coal deposits, possibly using the income to fund costs of an initial public offering.

Erdenes TT will supply up to 15 million metric tons of coking coal a year from the East Tsankhi deposit to a group of Chinese, Japanese and South Korean companies. Erdenes will receive a signing bonus of $250 million, that may be used for mine development and a human development fund, said a person who did not wish to be named.

Erdenes signed the agreement Tuesday with Aluminum Corp. of China Ltd. (601600.SH), or Chalco, and an unidentified Chinese steel firm, which will jointly receive 70% of the mine's output. The remaining 30% will be shared by Korea Resources Corp, Japan'sItochu Corp., and Mitsui Corp.

"Erdenes Tavan Tolgoi started the operation last August (at East Tsankhi), but until yesterday [they had] not [signed] any sales contracts," the person said.

Tavan Tolgoi contains the world's largest untapped coal reserves, with about 6.4 billion tons. The Tsankhi deposits contain much of its 1.8 billion tons of highly-prized coking coal.

Under the terms of Tuesday's agreement, Erdenes will supply 300,000 tons of coal to the group this year, increasing production to 1-1.5 million tons next year and 15 million tons per year within three to four years. The deal will likely require Parliamentary approval.

The government plans to develop the East Tsankhi on its own while it earlier named Peabody Energy Corp. (BTU), Shenhua International Ltd. (SHU.AU) and a Russian-Mongolian group as the winning bidders to develop the estimated $7.3- billion West Tsankhi project.

Industry executives familiar with developments said that Erdenes TT may be raising money to fund the costs of a multi-billion-dollar IPO.

A Mongolia-based banker said Erdenes needs to raise IPO costs as the government appears to have shelved earlier plans to arrange financing. "It would make sense because they need the money to list," said the banker, who did not wish to be named.

The government received interest from several large financial institutions to arrange pre-IPO financing, but did not go through with it since it would have sparked political opposition, he said.

The government plans to sell a 30% stake in Erdenes TT to international investors, 10% to local investors and give away 10% to Mongolian citizens.

Link to article

 

<Mogi & Friends Fund A/C>

+6.6%

Mogi & Friends Fund is a tiny fund of A$23K I created in late September with a few friends to put my own (and a few friends') money where my mouth (just mine) is.

Mogi

 

---

"Mogi" Munkhdul Badral

Executive Director

CPS International LLC

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Telephone/Fax: +976-11-321326

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Email: mogi@cpsinternational.mn

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Sukhbaatar District 8 · Ulaanbaatar 14200 · Mongolia

 

CPS International is a marketing arm of CPS Securities in Mongolia. CPS Securities is a Perth, Western Australia based AFSL License Holder. To trade ASX and international stocks, feel free to contact me at mogi@cpsinternational.mn or +976-99996779.

 

Disclosure/Disclaimer

CPS Securities, its directors and employees advise that they may hold securities, may have an interest in and/or earn brokerage and other benefits or advantages, either directly or indirectly from client transactions mentioned in correspondence from CPS International.

CPS International advise this email contains general information only and does not include advice. In preparing this communication, CPS International did not take into account the investment objectives, financial situation and particular needs of any person. As with any speculative mining company there are significant risks.

 

 

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