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SPH $3.10

gold play with 5.2mill ozs !!!!c

  1. cantona

    1,881 Posts.
    Central Asia Gold CGX[formerly Sapphire] has 90% control of 3 gold deposits currently with 5.2mozs in Kyrgyzstan [politically v stable and v proactive towards foreign investment in gold mining] Largest deposit Akjilga has 3.7mozs @ 12.8g/t 2nd deposit at Altyn-Jilga has grades from 40 to 150 g/t Deposits are close to large Canadian gold co Cameco's Kumtor mine which has a reserve of 10m ozs and is one of the world's largest gold mines in 2001 produced 750,000ozs at a cash cost of $142US and contributed 20% to the gdp of Kyrgystan.CGX has spiked this week but with these reserves seems v undervalued.The market should like this one.

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