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  Jinshan Gold Mines  

TICKER:  JIN:TSX
DESCRIPTION:  Jinshan is a mining company whose principal asset is the CSH gold mine located in Inner Mongolia, China. Jinshan's shares are listed on the Toronto stock exchange under the symbol JIN. China National Gold Corporation, a Chinese state-owned enterprise and the largest gold producer in China owns approximately 41% of Jinshan's shares.

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 Q3 08 Financials   Consolidated Financial Statements (6/30/08)   Q1 '08 Financials

"Chinese mining companies, bullion dealers, gold associations, jewelers and traders are also catching gold fever.

One of the companies in my Red-Hot Global Small-Caps portfolio, Jinshan Gold Mines, is caught up in this. Jinshan's major shareholder is China National Gold Group. China National is going to use Jinshan as a vehicle to acquire gold mining projects outside of China, either developed projects or assets that are already in operation.

I think it's big, bullish news for Jinshan. Do your own due diligence before you buy anything. But it goes to show that the Chinese think gold is cheap at current prices, and they have their sites set much higher."

    -   Uncommon Wisdom, Sean Brodrick (01/29/10)

"Shares of Jinshan suddenly took off this past month and we are now on our way back to the $3.00 level and higher.

This was due to the operational effectiveness of the CSH mine in China that is slated to produce over 120,000 ounces of gold in 2010 at a cash cost out of the ground around $405 per ounce. The problems with the mill have been rectified and I expect our share price to move well over the $3.00 level as we head into the New Year.

Jinshan is in two of the categories, red and green. The CSH mine is now in production (red category) and the share price will ramp up accordingly. The second category (green) is their exploration projects that should see some serious drilling now that cash flow will not be a problem. These exploration projects are located in some of the most prolific gold belts in the entire world. Exploration success there could become a big factor for our share price.

. . .JIN is once again a BUY."

    -   Mining Speculator (11/29/09)

"Another one with a lot of potential is Jinshan Gold Mines (TSX:JIN), where the approach—to develop more gold mines and to consolidate small gold mines in China—shows a lot of potential."
    -   The Gold Report Interview with Lawrence Roulston (11/24/09)

Jinshan listed in Mineweb's World's 100 Hottest Gold Stocks. Read full article.
    -   Mineweb (11/04/09)

TGR: Jinshan's also been on your top ten. Can you give us an update on them?

GM: I like China. There are plenty of great opportunities in China, but you have to be very careful. I've been over to China many times looking at a lot of different projects, and the company I like the most is Jinshan. It's a gold project; it's in production. They've had some bugaboos to work through on the production side. As they were ramping this up, they had some problems with the crushers and they had to get some crushers that could grind the material up a little finer so they'd get better metallurgical recovery on their gold. So they've gotten that squared away now, so I anticipate that for 2010 this is a company that's going to be producing a lot of ounces, upwards to 70, 80, 90, 100,000 ounces next year. So I'm very encouraged by that. It's at a good price.

This is another stock that I've done well on in the past. It's back at a low price. I like recommending it here again. The Chinese now control Jinshan and it's in the right jurisdiction in China. When you're investing in China mining stocks, it's all about the Chinese partner and province you're doing business in. Some provinces will work with Western mining companies. In this case, it used to be that a Canadian company controlled Jinshan. Now the Chinese control Jinshan, so there are no problems with that at all. They've got some great exploration targets that, once we get the profits going, they can put that money in the ground and make a further discovery. So I really like Jinshan for the longer term, especially if you believe in higher gold prices, which I do. It's one of the few China plays that I like.

    -   The Gold Report Interview with Greg McCoach (09/22/09)





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