A subsidiary of CHINAGOLDINTL (02099.HK) has conducted research upon an ultra-large gold mine in Inner Mongolia. The gold ore reserves at that gold mine amounted to 148.5 tons, Xinhua News Agency reported.
Experts believe it is still possible to discover further reserves deeper into the mine and at the surrounding area. ........A 100 Billion NAV: Net Asset Value should be CCG Goal for not just for share holders here who are waiting, but for China also, and a mine that is a million $ gold producer is expected to inject A$770 million into the China s economy every year for the next 20 years. if China did this with CGG