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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 breezer1on Nov 23, 2009 6:44am
322 Views
Post# 16513200

RE: RE: RE: Broader Market Question & JIN

RE: RE: RE: Broader Market Question & JINI disagree with your bubble theory. Gold is a tiny market. It is now being driven by it's old friends, fear and uncertainty.
This crises is historic in that  it follows a cycle laid over the centuries with the debasing of currencies. 
Governments worldwide are printing money to fight a deflationary spiral . There is only so much gold and there are more people on the planet than ever before. When the effects of this debasement are realized,(soon), there will be panic. There will be bubbles in gold and they will last only until people realize that there is 'no gold for you'. IMHO, GLTA
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