Bought in today. China is the biggest gold producer with still a lot of unexplored areas. There are over 100 miners (most are inefficient) with the biggest just producing a modest 100,000 ounces. There's bound to be consolidation in this space. An Australian miner operating in China would and should get a lot of respect; Sino Gold management has an excellent record.
licence for white mountain....more gold, page-4
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