Sterling Group Ventures Inc. (fka SGGV)

[hitpaydirt]

I guess i got carried away alittle....


Gaoping Resource Statistics
According to the Hunan Chemical
Geological Exploration Institute:
Total phosphate rock estimated at
58.16 million tons
Grade of 19.8% P2O5
Of the 58.16 million tons, 29 million
tons are weathered ore grading 24%
P2O5
At the average May world price of
$182.5 per ton, the resources have
an estimated value of $10.61 billion
Production costs are estimated at
230 yuan per ton (about $34 per
ton)
22

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Shujiatai Statistics
According to the Design and
Research Institute of Hubei
Jingxiang Phosphate Chemicals
Industry Co. Ltd.:
Total rock estimated at 36
million tons
Grade of 17.5% P2O5
Surface rocks are of higher
grade, 28% P2O5 and would be
mined by open pit
At the average May world price
of $182.5 per ton, the resources
have an estimated value of $6.57
billion