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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 Jan 12, 2010 5:44pm
375 Views
Post# 16670637

cruel joke...

cruel joke...the cruel joke is that dollar holders like china know that an increased demand for gold will mean a weaker dollar. The trick is to get as much gold in reserves as possible without anyone knowing . When the dollar crashes everyone will want to have their commodities in place either as reserves(stockpiles) or control of reserves in the ground. I believe jin will have an important role to play in grabbing assets for china and that means an increase in sp. When the music stops there won't be enough chairs. the world will want to trade and they will need more than paper backed by more paper. IMHO , GLTA
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