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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 brianjoyce2on Sep 21, 2010 9:17am
418 Views
Post# 17472767

RE: future of CGG

RE: future of CGGGood read bcjack...

CGG could still acquire China mining properties if sourced by CNGG. So CNGG does not want to get into a bidding war with CGG over some property in China (as if CGG could afford that!), but I read it that CGG could acquire CNGG sourced properties whether in China or not. And CGG can aquire properties on its own outside of China.

As for future, who knows? These guys are moving at glacial speed lately. This partnership sounds good, but so far its not delivered much value. "Coming soon" gets tedious, though in all fairness, its frankseles that keeps going on about it and not the company itself.

my 2 cents....
bj2

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