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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 > A Mini BHP Billiton?
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Comment by archimedes0070on Dec 22, 2010 3:28pm
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Post# 17884484

RE: RE: A Mini BHP Billiton?

RE: RE: A Mini BHP Billiton?gchandler,

Thank you for correcting me. I originally bought SNN.TO and I only researched AU:KMN (Kings Minerals) sparingly, but I forgot that Kalman was KMN's main asset (correct?).

So there are 3 main assets, correct?

1) San Anton (within Cerro del Gallo); Gold, Silver, Copper;

2) Mt. Isa; iron ore;

3) Kalman; Rhenium, Molybdenum, Copper, Gold

https://www.cerroresources.com is a better source than my crude analysis here.

https://en.wikipedia.org/wiki/Rhenium for its uses, etc.

I will take a stab at the in situ Inferred Resource calculation for Kalman's Rhenium (Re):

26mt * 2.8g/t => 72.8mg => 72,800kg => 72,800kg * $5,000 = $364m

Plus, many other resource calculations at the above 3 properties (at least).

Again: a growing mini BHP Billiton?

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