CDN - Unearthing China's Multi-Million Gold Deposits

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Pecker1 - Mon, 02 Jan 06 :

Happy New Year to you, Phillis and other CDNners - "motleys"? Hardly!

like you, H, I prefer to start the new year on a positive note. Mojiang,lest we forget, has already being mined by the local Chinese for several years, has some infrastructure like roads, power etc., so, unlike some other development projects, is not in the middle of nowhere. We know there is gold there on a 2K strike length but as yet we don't know how much and what type of ore mix. What we are waiting for is a resource estimate and the company,sensibly, is testing the different ore types that are present, before it comes up with a figure.

Just as CDN has been and continues to carry out DD on several promising prospects, it would not surprise me if one or more mining companies are doing DD on Mojiang. I continue to hold because I'm expecting positive answers to these questions early this year.


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