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Southgobi Resources Ltd(SGQ-X)
TSX Venture

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Day Low1.040
Day High1.080
Open:1.070
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Baystreet
Stocks in play: SouthGobi Resources Ltd.
The Globe and Mail
Southgobi Resources: Top 10 Undervalued Other Energy Sources Industry Stocks (SGQ)

Profile

Southgobi Resources Ltd together with its subsidiaries is an integrated coal mining, development, and exploration company. Its reportable operating segment is its Coal Division which is principally engaged in coal mining, development, and exploration in Mongolia and logistics and trading of coal in Mongolia and China. The company also holds the mining and exploration licenses of other metallurgical and thermal coal deposits in the South Gobi Province of Mongolia. The company owns the following operating coal mine and coal projects in Mongolia: the Ovoot Tolgoi Mine, Zag Suuj Project, and the Soumber Project.