Tag Archives: Tibet

Journey To Mount Kailash

Mount Kailash is the sacred peak of Asia. The attractiveness of this 6638 meters (21,778 ft) high peak, that looks like a symmetrical cone-shaped stone capped by pure crystalline ice all the time, is echoed in various literary and literary functions. The surroundings include the Manasarovar Lake as well as the colossal Gurla Mandata which culminates at 7728 meters. There is no set of efforts to climb Mount Kailash despite plenty of fairytales and speculations. Kailash Mansarovar Tour Packages can be booked for having a safe tour in Kailash Region.

 

SES Mining Co. Rejects Takeover Attempt due to Gross Undervaluation of its Current and Potential Assets

Junior gold developer SES Mining Co has rejected an unsolicited takeover offer from a consortium comprising of multiple medium and senior miners in the region.

The China-based company – which operates the Yuangguang gold project in South-Western Tibet’s Sichuan region – received a non-binding and incomplete letter of intent from the bidding partners outlining a proposal to acquire 7.9% of SES Mining’s issued share capital.

After discussions with its advisors and following consultation with some of its largest shareholders, SES has rejected the bid on the basis that it undervalues the company and its assets.