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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 lucky81on Apr 02, 2010 5:26pm
462 Views
Post# 16952688

RE: New to Jinshan - some questions

RE: New to Jinshan - some questionselmo, CNG group is our largest shareholder, 42% i believe. Ivanhoe also has some shares. As a canadian company with strong presence and production in asia we are in a perfect position to further our base there. Canadian expertise also has a value with asian investors. I think it is an exaggeration to suggest that this is a chinese government trojan horse. Rhetoric from our largest shareholder is music to the ears of the rest of us shareholders but as you know CNG also has it's fingers in many pies. There seems to be great confidence in this board to steer the ship safely thru the choppy market with a goal of exposure to the hong kong investor. The asian gold market is not suppressed and mining shares have exploded compared to NA. If CNG group does transfer assets to us then i am sure there will be conditions like any other company. Most here believe financing will not be a problem with our head office team in place. There is also rumor of rare earths in the mongolian assets brought by Monnis. Who knows, they might find oil. There are quite a few here who are long and accumulate on dips( not many lately).  Strong guidance and vision are what brought me here and if it doesn't change i will stay here.  frankseles posts help keep me focused  on  board goals.  long JIN .
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