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CRRC ADR CRCCY

Industrials
Crrc Corp Ltd is a China-based company principally engaged in the manufacture and sale of rail transit equipment. The Company's main businesses include railway equipment business, urban rail and urban infrastructure business, new industry business and modern service business. The railway equipment business mainly includes locomotive business, motor train unit and passenger car business, freight car business and rail construction machinery business. The urban rail and urban infrastructure business mainly includes urban rail vehicles, general contracting of urban rail projects and general contracting of other projects. The new industry business mainly includes electromechanical business and emerging industry business. The modern service business mainly includes financial business, logistics, trade business and other businesses.


OTCPK:CRCCY - Post by User

CRRC ADR
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Post by archimedes0070on Dec 22, 2010 10:58am
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Post# 17882064

A Mini BHP Billiton?

A Mini BHP Billiton?Cerro is building a sizeable metals portfolio.  As gchandler pointed out (see gchandler's earlier post), if you add up the Cerro resources, it comes to ~12.5moz Au equivalent.  And, do not forget the iron ore at Mt. Isa.

A mini BHP Billiton?  The case could be made (or, already has).

Today's trading on the ASX, after the iron ore beneficiation news release, was promising and shows that the ASX market definitely assesses the iron ore at Mt. Isa.
 
We have many events to look forward to in 2011, including a resource calculation on Mt. Isa: 

"A preliminary drilling program will commence early in 2011 to test the depth continuity in each of the three zones prior to a full drill-out of the 3.7km long mineralized structure with the objectives of preparing a preliminary resource estimate."
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Dealroom for high-potential pre-IPO opportunities