Gold Report: investment coverage of gold and other precious metals (free newsletter emailed semi-weekly)

>About The Gold Report

>About Streetwise

>Legal

>Site Index

Jinshan Gold Mines

TICKER: JIN:TSX
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 actively advancing its portfolio of gold exploration properties in China. Jinshan’s shares are listed on the Toronto stock exchange under the symbol JIN. China National Gold owns approximately 42% of Jinshan’s shares.

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 Closes C$20 Million Note Offering Jinshan Presents at Asia Pacific Gold Forum June 17 Consolidated Financial Statements (6/30/08) Q1 '08 Financials Salman Brothers Research Report 11/07

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.

The Gold Report "Shares of the company which were faring quite well over most of the summer suddenly have been hit with selling in early August. There is no reason that I know of that is causing this selling pressure other than some large shareholder needed to raise cash and Jinshan was very liquid. This company represents great value at their current levels but could come under closer scrutiny as geopolitical tensions around the world rise. I am changing their status to a BUY for now." (8/08)
- Mining Speculator

The Gold Report "Jinshan Gold Mines Inc. reported results from metallurgical testwork on two samples of sulphide mineralization from its Dadiangou Gold Project in Gansu province, China. Whole ore cyanidation tests returned gold recoveries generally in excess of 90% from the two samples. In addition, simple gravity separation was able to recover 28% to 51% of the gold prior to cyanidation of the gravity concentrate tails. Jinshan will now proceed with additional testing on a wider range of crush and grind sizes, and column testing, in order to more fully evaluate the processing options at Dadiangou." (7/22/08)
- MarketWatch.com

The Gold Report "In spite of negative stories by the New York Times and other east coast news media, mining company executives, investors and analysts Tuesday insisted that China is, indeed, a good place for miners and explorationists to do business.

In presentations to the Denver Gold Group's Asia Pacific Gold Forum in San Francisco, a number of junior explorers/producers had high praise for Chinese officials in their willingness to accommodate and facilitate foreign mining investment and development in China.

Jinshan Gold Mines Vice President, Corporate Development, Roger Walsh estimated that 25 foreign-managed companies are now working in China. In his experience with the Chang Shan Hoa gold mine, Walsh found that the Chinese Government is "very good about providing infrastructure quickly" to serve mining projects.

Walsh is also seeing a streamlining of assets in China, aimed at optimizing gold mines to a western standard in operational efficiency and compliance with environmental standards. Meanwhile, companies with projects in China can raise capital both on the Hong Kong and Shanghai stock exchanges." (6/18/08)
- mineweb.com

The Gold Report "Jinshan Gold Mines (JIN.TO: Quote, Profile, Research, Stock Buzz), a Toronto-listed company that is 42 percent-owned by state-controlled China National Gold Corp, is considering listing shares in Hong Kong to fund an acquisition that could be worth more than $500 million, a company executive said on Wednesday.

Roger Walsh, vice president for corporate development at Jinshan Gold, told reporters that no final decision had been made on a possible listing, and that the company has no plan to delist its shares in Toronto." (6/11/08)
- Reuters

The Gold Report "Jinshan Gold Mines Inc., (yesterday's close $2.77), started a major uptrend in early 2006 at 49 cents (A) and reached $3.22 in November, 2007 (B). The stock spent the subsequent months in a wedge pattern roughly between $2.50 and $3. A decisive move above $3-$3.25 would constitute a breakout from this area of consolidation and signal the start of a new major upleg.

Technical indicators including the 40-week (200-day) moving average and the volatility system indicator (VSI) confirm the bullish status. Only a decline below $2.50-$2.60 would reverse the positive status of this stock. Measurements provide a target of $4. Higher targets are visible." (6/7/08)
- reportonbusiness.com

PRINT THIS PAGE EMAIL THIS PAGE