07 shares letter of violation investigated "mine-related" resorting dream a

07 Shares (market, interrogation) letter covered by the SFC investigation August 9, 2013, Shenzhen 07 Co., Ltd. received the China Securities Regulatory Commission to serve the "investigation notice" (Number: Deep certificate Investigation Tong Word 13,224th), because the company involved in information disclosure violations, according to the "People's Republic of China Securities Law" , decided to investigate the company. Although the company did not disclose the specific details of the violation, but according to the company's earlier problems, market speculation and "07 shares to buy chairman loss of assets" has a direct relationship. January 14, 2013, 07 shares announced that company wholly-owned sun company Hong Kong has a few days with the health fly wholly-owned Central African Resources (BVI) signed a framework agreement, to acquire the latter indirect holdings of non-China Resources (MAD) company 100% Equity: Central African Resources (MAD) currently holds 100% stake in Acer Bridge mining. In fact, the deal between the 07 shares and the chairman did not give investors a bullish "half point". The market is widely seen as a hidden risk of the deal. These risks are mainly attributed to the mining of Acer Bridge. Data show that the main products of Acer Bridge mining is tantalum and niobium minerals, the current project is still in the exploration stage, has not yet produced, nor to achieve sales. To the surprise of the market, the 4 prospecting certificates held by the Acer Bridge mining industry have expired. Specifically, Acer Bridge Mining has 4 exploration permits, numbered N28668, N28604, N23702, N23324, valid for 5 years. Of these, two exploration certificates expired on September 20, 2012 and two other exploration certificates expired on January 31, 2013 and February 1. In this respect, the company explained: "Acer Bridge Mining has to the MA State Minerals Bureau to pay the extension of the application fee." "In addition, as at December 31, 2012, Acer Bridge mining net profit of 764,000 yuan." Over the next few months, doubts about the deal continued, but as the company's "family" practice Wei like "Yiffang, Fumo opens". June 5 This year, in a number of queries, 07 shares "bucking the trend", by the company's Hong Kong public acquisition training Wei fully holdings of Central African Resources (MAD) 100% stake, the completion of the transfer of shares, the acquisition price of 74.898 million yuan. There is a detail about the 07 stake involved in the breach: this February 21, 07 shares on the acquisition of the practice of the flight of the mining of the mineral resources of the preliminary report. On the same day, a brokerage issued an inquiry to predict the value of the relevant mineral resources more than 55 billion yuan, and 07 of the target price raised to 50 yuan. In response, 07 shares clarified that the company never made any predictions about the value of the underlying mineral resources, nor did it receive any research from a researcher at a brokerage institution. Are company violations related to this bulletin? The value of Africa's mineral hazards is exaggerated February 21, 07 shares issued a notice that the company's intention to acquire the Geological Survey of tantalum-niobium deposits in Madagascar, the mining area is expected to have 34.75 million tons of ore, of which niobium pentoxide (NB2O5) 76440 tons, average grade 0.22%. Tantalum pentoxide (TA2O5) 12508 tons, average grade 0.036%, uranium (U) 17373 tons, average grade 0.05%. Analysts calculate that the current market price of various metal varieties, mining 25 years of mining life, 75% Recovery, 25% of the income tax rate, 50% of the net interest rate conservative calculation, the company's resource value of 25.431 yuan per share; assuming 20 years of mining and 60% net interest rates, The corresponding resource value of 35.78 yuan per share. A number of brokerages have sharply raised the company's target price, of which CIC is expected to target $50 for 6-12 months. The credibility and accuracy of this report has been questioned by the mining industry. According to the mining industry, the international common steps for Mineral resources development are: Pre-survey-census-strong search-exploration-mining five stages. According to the level of mineral resources reserves, from low to High is 334 (forecast reserves), 333 (inferred reserves), 332 (Control Reserves), 331 (proven reserves). 07 Share announcement is precisely the lowest level of reserves accuracy of 334, is still in the first stage of development. The chief engineer of a certain type of mine in Xinjiang questioned this: "The pre-search report is the least reliable of all mineral reports." Do not look at the geological brigade out of the report, feel reliable. 334 is the least reliable of all exploration reports. 07 The forecast resource amount of the stock announcement is the lowest level 334, the accuracy is usually only 2% to 15%. In other words, the report predicts 1 million tonnes of mineral resources, which may actually be 20,000 to 150,000 tonnes. "" The risk of prospecting is very large, more foreign than domestic, one is asymmetric information, and the other is political risk. "The mining risk is high," said an analyst at a mining industry in Shanghai. Many of the preliminary reports and the final actual difference is too large, many can only be dismissed. "Generally speaking, the success rate is only 5% from holding exploration certificates to achieving commercial value." The chief engineer questioned: "Why 07 Shares in the hands of the exploration card more than 5 years, and now started." The mining cost is long and the cost of financing is high, so the better mine is the faster mining. Many companies get exploration permits, found ore reserves of low ore, mining costs and value is not proportional to, throw away and feel pity, the annual pay some small amount of mine rights maintenance fees, to ensure the effectiveness of exploration permits, and then cheat the company to take. 07 shares are likely to be the case. "07 shares are likely to become such a person. Borrow mine speculation has not been the first 07 shares in 1992. 21 Experience: Shen da Sound, St Rds, Shen da sound A, G Shen da Sound, St 07, 07 shares. The main business changes repeatedly, the performance is always poor. In the practice of flying "ore" before, this is a "cock silk stock." February 2008, Wei took over 07 of the predecessor of Shen da Sound a chairman. Next month, the company said that it is in contact with Guangdong Yangshan Zhu Yuan Tungsten molybdenum polymetallic ore deposits, and then no later. In December of the same year, after the restoration of the Shenzhen sound a announced reorganization plan, to 3.41 Yuan Price issue 80 million shares, fund-raising for the purchase of Li ChengbiFour people hold the 80% stake in the Jintai mining industry. Jintai Mining was founded in January, the company's major shareholder Guangzhou Bo Rong Investment Consulting Co., Ltd. (hereinafter referred to as "financial investment") the actual control Li CHENGBI directly hold its 15% equity. And Li Chengbi is also the mother-in-law to practice Wei Fei. After the reorganization of the plan announced, the deep sound of a stock trading 4th, up to 20%. May 2009, because the Jintai mining has not completed the relevant security license, the reorganization announced the miscarriage. The first taste of the benefits of the training after the flight began to "flexible" speculation, a big draw "treasure map." May 6, 2010 07 Share disclosure of the proposed plan, to 7.06 Yuan Non-public offering 46 million shares to raise 324.8 million yuan. Among them, practice Wei to 176.5 million yuan cash to subscribe 25 million shares, natural person Su Guangwei to 148.3 million yuan cash to subscribe for 21 million shares. After the completion of the distribution, the first major shareholder Bo Rong Investment shareholding 17.41%, practicing Wei and Su Guangwei respectively holding 10.82%, 9.09%, the second and third largest shareholder. By May 2011, the company's share price had risen to 10 yuan. However, in the face of May 23, 6 even overcast, a decline of nearly 20% of the situation, unwilling to see the devaluation of the chips on the practice Wei again sang "Mine" play. June 3, 2011, a report titled "Defeating Rio Tinto won the deep mining rights in Africa, successful acquisition of rare minerals overseas," said the practice Wei in an interview, said, "The Madagascar coastal placer, and do not exclude the value of more than 10 billion yuan in the coastal Placer project into 07 shares." A report, 07 shares that two consecutive trading days trading. The drama was eventually criticized by SSE for misleading information that caused the company's stock price to fluctuate abnormally. However, this "price" is enough to be overlooked compared to the benefits derived therefrom. The ore-related news stimulated, from late June 2011 to the end of November, 07 shares reversed the market upward, the interval stock price rose more than 13%. At the same end of the year, Wei introduced the Titanium Mine underwriting project, 07 shares rose again, to July, the share price has exceeded 15 yuan. "Additional, momentum, pledge," practice Wei by three steps to gain handsomely. Public information shows that as early as September 6, 2010, the practice of Wei has invested in Central African energy, but the company's announcement has deliberately concealed this point. In order to give follow-up capital operation left speculation subject matter, regardless of risk letter batch. October 8, 2012, the company announced a new round of plans to increase, the object is the chairman of the training to fly. To 14.55 yuan per share of private offering 50 million shares, the total amount of 728 million yuan. If the deal succeeds, then practice Wei will become the 07 biggest shareholder, the shareholding is 26.69%, and its total stake in the investment will climb from 28.23% to 41%. But this time the practice Wei only came to the second step, the momentum of the head. It is difficult to continue to draw the "treasure map".