Mining, pinks/otc-bb

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Look at SGGV.OB

Sterling Group Ventures, Inc. (SGGV) is poised to benefit from the economic and investment boom that is now taking place in China.

SGGV has entered into an agreement that will permit the company to mine lithium. Indeed, the Jiajka deposit is one of the largest lithium mineral deposits in the world and the largest in South East Asia. The deposit, which is near the surface, is high grade. Mining will be open pit with good accessibility by existing infrastructure.

The company has retained consulting engineering firms in both Canada and China to work on the necessary studies required to put the Jiajika lithium property into production by the end of 2005.

The net present value (NPV) of SGGV at a 10% discount rate is estimated to be over 400$ million – 25 times the company’s market cap.