CQT conquest mining limited

when are they gonna learn

  1. 8,043 Posts.
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    First there was this little joint venture with GF and SINO.

    Gold Fields Limited ("Gold Fields") (NYSE, JSE, DIFX: GFI) and Sino Gold Mining Limited ("Sino Gold") (ASX: SGX)(SEHK: 1862) are pleased to announce the first joint venture entered into by the Sino Gold Fields Alliance ("SGF Alliance") in China.

    Gold Fields is the single largest shareholder in Sino Gold. The SGF Alliance was established with the aim of discovering large gold deposits in China containing reserves of at least 5,000,000 gold-equivalent ounces with the potential to produce approximately 500,000 ounces per annum, exploring primarily for large bulkmineable styles of gold and/or gold-copper mineralisation


    THAT IS ALL WELL AND GOOD UNTIL THIS HAPPENS LAST WEEK

    China lashes Sino Gold

    AN AUSTRALIAN mining company has been attacked on official Chinese television for the sorts of environmental, community and financial abuses sometimes associated with Chinese-owned mines in Africa, Papua New Guinea and South America.

    China Central Television alleged that Sino Gold, the $1.3 billion company listed on the Australian and Hong Kong stock exchanges, paid virtually nothing for China's second-largest goldmine and proceeded to poison the water, disregard local communities and reap windfall profits in a cozy tax-free deal.

    The 30-minute tirade, which advocated even tougher restrictions on foreign investment in Chinese mines, was broadcast nationally twice last week and the transcript reprinted on more than 500 Chinese internet news and blog sites."


    Gees GF, first issues with electricty in SA and now this, when are you going to learn and start operating in a safe geo-political environment where you can do whatever you like to who ever you like, nature included.

    Surely they must be looking at CQT with yearning in their eyes.
 
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