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China Gold International Resources Ord Shs T.CGG

Alternate Symbol(s):  JINFF

China Gold International Resources Corp. Ltd. is a Canada-based gold and base metal mining company. The Company is principally engaged in the acquisition, exploration, development and mining of mineral resources in the People's Republic of China. It operates two mines, the CSH Gold Mine in Inner Mongolia, China, and the Jiama Copper-Gold Polymetallic Mine in Tibet, China. The CSH Gold Mine project is in Inner Mongolia of China, approximately 210 kilometers (km) northwest of the city of Baotou, which is engaged in producing gold dore bars with silver as a by-product. The Jiama project is one of the copper-gold polymetallic mines in China. The Jiama project is located within the Gangdise Copper Metallogeny Belt in Central Tibet, China and is approximately 60 km east of Lhasa City along the Sichuan-Tibet highway. The Jiama project is a polymetallic deposit consisting of copper, molybdenum, gold, silver, lead and zinc.


TSX:CGG - Post by User

Post by lucky81on Dec 17, 2009 1:51pm
484 Views
Post# 16597866

future for gold...

future for gold...Knowing the fundamentals of the global collapse should be good enough to send gold and silver to the moon. The fact that it isn't is because of wholesale war against it in the paper pits. supply and demand will soon fall away from the manipulation. the timeline is the big ?. if the price goes down i see it as  more of a buy. central banks and investment funds are buying and having problems acquiring physical gold and silver. if the money is flowing to the $ because of safe haven its because they can't get gold and need to move funds quickly. JIN has great property and will keep moving much higher. buy on dips and stay long or you risk waking up having missed the boat. volatility will only get more intense as bad news keeps unfolding. imho, glta and merry Christmas.
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