Yes, with a 20 million once reserve valued at $7.00 per ounce the Chinese have, how would you say, an awful lot of blue sky above. It appears they have struck gold.

Looks like our potential new venture will definitely have government involvement. Funny how gold attracts governmemts at both ends of the scale.

Gold is Gold once its mined. Investors will not be concerned from whence it came. Then again it may never hit the market, the governments involved may have it earmarked for their own treasuries. And valued at the world spot price.

However right now it is valued at $7.00 an ounce.

Best wishes.

Sm