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Bullboard - Stock Discussion Forum CRRC ADR CRCCY

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... see more

OTCPK:CRCCY - Post Discussion

CRRC ADR > CJO trading bounce.
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Post by gchandler on Feb 04, 2011 11:19am

CJO trading bounce.

Nice bounce in trading this week. Interesting to see institutions returning to the buy side. Canaccord and Haywood outbidding each other on occasion. Current valuations don't even reflect mineral resources drilled in Mexico. With the Australian portfolio including Mt Isa - iron ore, molybdenum,rhenium, copper etc. and the Mexico Namiquipa silver acquisition, a revaluation of this stock is entrenched. March could be a big month when the Cerro del Gallo feasibility study is released to the market?
Comment by gchandler on Mar 03, 2011 9:24pm
"March could be a big month when the Cerro del Gallo feasibility study is released to the market? " Another nice bounce + 20% today. March is lifting off nicely for this play. https://www.cerroresources.com/?LinkServID=78B872AF-C26C-CD9C-E6A03468136BB443&showMeta=0
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