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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

Post by FKlosteron May 12, 2010 10:20pm
476 Views
Post# 17092889

There

Thereis alot of attacks on this board. Frank does post often and is redundant but he does not attack anyone. There are alot of new posters that have recently shown up attacking Frank. I have also noticed that several of these posters are new to stockhouse. This raises questions to me that these posters are all the same person or have an agenda to drop the price (i.e. shorting)
This is all IMO.
Yes Frank's posts are of old news and heresay. It is all our choice whether to read them - or believe them.
It is always good to hear both negative and positive comments on a company. The personal attacks help no one.
Perhaps if there were no nname calling then there would be NO posts removed - Just a thought.

Having said this, I will add some heresay myself (as I cannot proove the following comment- it is simply my word)
At the Toronto PDAC I was told that JIN is indeed drilling the currently producing mine to increase the reserve and to determine where they will be collecting ore from in the future. The results should be the next bit of news (my belief). I think we are a long way off for the HK exchange. (again only a gut feeling)

What we need is some progress in the form a press release from JIN. Everything is speculation at this point but I believe that JIN is going somewhere. China has aquired this comopany to do something with it. They have 42% of the shares. They obviously have plans to better the company if they have aquired that much of the company. There is absolutely ZERO chance that they did this simply to keep the 42% and not grow the company. We have a MOU with Monnis, this will take time - how long - who the heck knows? I certainly hope this news will be confirmed by summer.

IMO the potential is huge.(5-10 years)  Hopefully a double from these levels by year end? Only time will tell.
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