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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 bpaton Jul 06, 2011 9:11pm
379 Views
Post# 18804030

China National Ownership

China National OwnershipI was interested in this China National stock purchase and what it meant.  CGG has about 396 million shares outstanding and below you can see the 2 major stock owners, shares owned and percentage of shares owned.  China National already owns 154 million shares.  Buying a million more shares suddenly doesn't seem like a big deal anymore.  Anyone heard of this Rapid Result Investments before, they own 21%.

China National Gold Group Hong Kong Limited Registered Owner          154,348,730          38.96%
Rapid Result Investments Limited (2) Registered Owner                         83,423,624                    21.06%
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