Riding The Gravy Train: Long JIN

Riding The Gravy Train

Beating the market is fun and profitable. This is how we do it.

Friday, December 01, 2006

Long JIN



Per recent press releases :

"Jinshan is a Canadian mining company focused on the exploration and development of gold projects in Asia. The company is developing one of the largest gold mines in China - the CSH (217) Gold Project, where commercial production is expected to begin in the second quarter of 2007 - and conducting exploration work on other prospective properties in China."

"Jinshan Gold Mines Inc. is pleased to provide an update regarding activities at the Dadiangou Project in Gansu province, China. Crews are presently on site and a newly rehabilitated access road has now reached the property. Preparations are well underway for the planned 5,000-metre drill program to commence in January, 2007."

We like the recent TSE listing and news, plus the chart shows a steady up-trend and suggests an imminent break-out to highs not seen for nearly 3 years. Thus we go Long JIN, Jinshan Gold Mines at $1.54 on the Toronto Stock Exchange.