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JINFF - China Gold International Is Cheap Now But Won't Be Soon
China Gold Intl Res Corp
China Gold International (JINFF) is a gold, silver, lead, copper, zinc, and molybdenum producer based in Vancouver with operations in China. The company's largest shareholder is China National Gold Group, a Chinese state-owned gold producer. About 47% of the stock is owned by this group and other institutional investors. The stock trades primarily on the Toronto and Hong Kong Exchanges.
The company accounts for about 20% of Chinese production and holds about 30% of China's gold reserves. China buys all of its internal gold production, so the company