CGG JIAMA 2013 drill results need to get to 3 million oz of silver a yr and 100 thousand oz a yr of Gold! WITH . Jiama 5 million oz of gold and 250 million oz of silver! Average annual net cash flow of USD 120 M over the life of mine for a total undiscounted cumulative net cash flow of approximately USD 3,634 M.
In 2013, the Company plans to drill about 30,000 meters at a cost of approximately US$9.5 million 2013E$ 363.83 MILLION
Jiama - 2013 outlook
After successfully completing 40,496 meters of drilling in 2012, the Jiama mine is actively engaging in the recommended work set out in the pre-feasibility report. The company expects to complete the feasibility study and release the 43-101 report i
10 million oz/yr Gold Producer SHOULD BE CGG GOAL! with the aim of joining top-tier global mining companies.
2013 production and operating guidance, and drilling plans China's Ministry of Industry and Information Technology has said that China wants domestic gold production to reach 14.5 million ounces by 2015,China Gold International Resources Co is reported to be looking at Canada and Mongolia for its next targets....Mundoro would be a easy deal with no cost to CNG all CNG needs to do is go to 49% of CGG and PUT Maoling Gold Project in the Liaoning Province in CGG NAME!.
Rapidly growing China Gold Market has created conditions for development of Gold ETF & further opening its huge domestic Gold Market to the global community
I will reiterate, I have no problem with silver (priced) in the hundreds and hundreds of dollars.”http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/1/28_Embry_-_Powerful_Entity_Now_Battling_The_Silver_Manipulators.html