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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 (the PRC). 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 is located 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 a copper gold polymetallic mine in China. The Jiama project is located within the Gangdise Copper Metallogeny Belt in Central Tibet, China and is approximately 60 kilometers 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

Comment by bluesunon Sep 24, 2009 9:26am
310 Views
Post# 16334428

more good news

more good news
Its great to finally see sequential good news stories out of this stock again. It appears management have finally come around.

No, this new mine certainly will not blow the doors off the stock, but at least we are moving forward. As for the possibility of 9 mines being injected, it appears Zoshing (?) got 7 of the gold mines. That may mean there is still one out there (or maybe its not feasible).

The best news is we finally broke 7000 oz/month without the crusher - I've been wating two years for that news. I really interested how production improves from this point on - that is what will drive this stock going forwrd.

I finally see Jin ready to regain some value as management slowly begins to bring credibility back to a highly promoted stock that has underproduced for for what seemed to be a very extended start up period.

$2 here we come.
Bullboard Posts