>About The Energy Report/Streetwise
>Legal
>Site Index
TICKER: TSX:JIN  DESCRIPTION: Jinshan is a Canadian mining company focused on gold production and acquisitions in China. The company began producing gold at the CSH Mine in July 2007 and is seeking to increase its reserve base through further exploration efforts. Jinshan is actively advancing its portfolio of gold exploration properties and other non-ferrous metals on a global scale. Jinshan's relationship with China National Gold has served to support to Jinshan to act as China National Gold's international vehicle. Jinshan intends to grow its business into one of the world's largest gold and other non-ferrous mining companies by exploiting its existing mines, discovering new resources through its exploration rights and selectively acquiring additional large scale minerals assets in various regions. China National Gold, a Chinese state-owned enterprise and the largest gold producer in China owns approximately 41.2% of Jinshan's outstanding shares and continues to demonstrate its commitment to Jinshan.  Watch as BTV-Business Television features Jinshan Gold Mines.Watch a video interview with Roger Walsh, V.P./Corporate Development, where he discusses the recent China Gold transaction.WEBSITE: http://www.jinshanmines.com Jinshan Gold plans to launch HK IPO Jinshan Eyeing HK IPO Jinshan Presents at Asia Pacific Gold Forum June 17 The information below is based on the most recent information we have received from analysts and the companies participating in The Gold Report. We encourage you to visit the company's web site for updates. "Jinshan Gold Mines Inc. is rallying like it has no tomorrow. These guys just found out that there is more gold on their properties than they thought. Even though they are only on the pink sheets for their U.S. listing, for once we have a company that holds some real potential. That is already proven by the rising stock price. . .This has put the green light for a price rally up to here, but it might be getting overcrowded at the top. Currently it's a mix of news reports and fundamentals that's driving this stock—and we have both in good shape. On the hotspot, Jinshan found out last week that one of their gold mines contained 51% more gold than estimated in 2008. . .developments such as these are the key to a successful gold mining company. They state that their proven gold reserves have increased by 1.17 million ounces. At an estimated average gold price of $849 per ounce, that sums up to potential revenues of $993 million. Quite an addition of resources." - Gediminas Jasionis, hotStocked (03/11/10) |
