CNGHK has purchased 36,711,858 common shares of Mundoro Mining Inc.I for a cash purchase price of $13,800,000. .....CNGHK purchased 36,711,858 common shares of. Mundoro Mining Inc...and putting Mundoro in CGG targets would be a easy thing to do with CNG going to 49% of CGG shares!...and help CGG share holers by doing this! CGG operates the CSH gold mine located in Inner Mongolia and the Jiama… ..if the results are 10 million oz at CSH and Jiama Phase II will be based on updated feasibility
study, expected in H2 2012, to support a major
mine expansion plan and reserve update how large will this news be if they hit this number
JIAMA/Located about 60 km east of Lhasa and 6 km north of the Qulong deposit. Porphyry copper-molybdenum deposit, containing 5 million tons of copper, 350,000 tons of molybdenum and 3,200 tons (100 million ounces) of silver. Located about 60 km east of Lhasa. and Jiama also may have 5 million oz of gold and 250 million oz of silver coming in there reserve update...with a total area of 2.9km2, and two
exploration licenses totaling 143.3 km2.
the third party has to verify allot of drilling they have done on both Mines ... My wife Fingers and I are crossed! so CGG can put it on there Home Page with those numbers and they should be proud to do that, they have work so hard to achieve those Numbers for all share Holders! and we want to see Mundoro in CGG hands!
and a better barrick africa Gold Mine is with CGG http://www.cityam.com/latest-news/african-barrick-gold-prepares-sale-chinese-gold-firm and sets up CGG on LME in DEC LME which accounts for 80 per cent of the world's base-metal options and futures contracts with China!