Tibet's Heavenly Road "two Qing" mystery: 1.5 million tons of copper ore story let's

Source: Internet
Author: User
Two new mining-background executives are added to the Tibetan road. Market insiders speculate that this is an important signal of its march into transition, but the difficulty of mining in the area remains to be seen May 6, the Tibetan Tin Road (600326. SH) The fourth session of the Board was considered by the final executive list. In this list, there are two first names appearing: The new general manager Zhang Jinqing and the newly independent director, Zengqing.   The emergence of these two new high-level tubes has sparked speculation in the minds of the people.  The guesses come from the background of their resumes.  Tibet Road, the public information revealed that Zhang Jinqing, Male, 1962, January 2009, by the Tibetan mining company deputy manager of the post transferred to Tibet Road Company vice general Manager and general manager of mining development Company, May 6, the fourth session of the Board of directors at the first meeting, he was elected Vice chairman and general manager of Tibet Road. Zengqing High, Male, 1966, Ph. D., PhD in geology and Mineral Resources, 1989 in the Tibetan region to engage in Tibet Plateau geology, mineral and basic scientific research work, 1996 promotion engineer, 2001 promoted senior Engineer, December 2005 as Tibet Regional Geological Investigation Brigade chief engineer so far.  The regional Geological Investigation Brigade in Tibet is the unit of mineral prospecting in the mining area of Jiangxi Copper mine. The two emerging executives are all mining backgrounds.  In particular, Zhang Jinqing, who is in the position of general manager, is believed to play a significant role in the development of the site.  It is reminiscent of the news that the company, which has been touted by many retail investors, has a huge copper and gold mine that will transform its mining companies. In this respect, financial weekly reporter three times to call Tibet Road Chairman Dogirob's mobile phone verification, the first two, Dorje are "outside, inconvenient" for the refusal of the interview, and told reporters to call the office phone, but its office phone has been no answer.  For the third time, he simply hung up his cell phone.  However, a number of mineral industry analysts told the weekly financial report that he did not pay attention to the Tibetan road to the possession of minerals. Next stop: Mineral resources from the development strategy of the road in Tibet, we can see the company's planning for the future: "Consolidate the construction industry, supporting building materials, and vigorously develop the mining industry."  "In this view, its" hands on "the mineral is a long-standing ambition. As early as June 2006, the company set up the Tibet Tin Road Mining Development Co., Ltd. The new company registered capital of 200 million yuan, of which the Tibetan road to 55% of the shares. April 2007, the Tibetan road, said the announcement, the company and the Tibet Autonomous Region geological and mineral exploration and Development Bureau of the Second Geological Brigade signed the Red River and the Jiangxi Copper Mining cooperation risk exploration development letter of intent. It stipulates that: The Tibet Heavenly Road undertakes the mine follow-up exploration and the development capital investment, occupies 70% shares.  The company to the geological two teams to pay the preliminary geological exploration compensation fee of 15 million yuan and all bear the follow-up exploration and development of the estimated cost of 1.1 billion yuan. However, two years later, the company in the original promise of "2-3 years of time will be the Yangtze River copper into an annual output of 20,000 tons, the second phase to achieve an annual output of more than 30,000 tons of metal copper concentrator"Planning did not arrive as promised. The company's official website shows that the Tibetan Pilgrim's Wang Qiyun in 2008 to answer the investor's progress on the project, "Up to now, Chong Jiang and the mining of Jiangxi Copper joint exploration work smoothly, has completed the drilling of tens of thousands of meters of footage, The company has sent some samples from the geological two teams to the relevant comprehensive rock and mineral testing department for testing as well as the identification of light and thin slices. "Six months later, April 2009 is still ambiguous online," the company will complete the detailed survey as soon as planned. "In other words, two years on, not only the company's expected copper mine is not built, even detailed exploration work is not over."  Because of remoteness, financial weekly reporter asked a number of analysts have declared "no attention" or "uninformed." Gold-mining reserves equal to Shandong Gold However, there are still a large number of investors to discuss the company's two major mining areas rich in mineral content.  And the mining background of the executive appearance, so that investors on the mining progress expected to strengthen. The detailed exploration work has not yet been completed, the situation with regard to mineral reserves in the region remains a mystery, but the market version has been circulated many, the most beautiful and most widely circulated one is: Tibet Tin Road prepared to develop resources may have 2 million-3 million tons of copper and 90-110 tons of gold, gold mine equivalent to the current gold-ray listed companies Shandong Gold  (600547.SH) reserves.  If the news were true, once the two mines were mined, even gold would have a significant economic effect. Financial weekly reporters to prove, did not find the most original source of the statement.   And this is widely amplified by the signature "Joint Securities Wang Yifeng" article entitled "Concealed Gold Theme Black Horse, heavy tap into the mineral field" articles.  Interestingly, when a financial weekly reporter asked the Joint Securities Research Department, the answer was "maybe someone else in our company, but we don't really have one in our research department."  Securities analysts are still lukewarm about the difficulty of mining, even if the news is true. "Tibet may indeed have a wealth of minerals, but the local climate, geological conditions and transport factors make it difficult and relatively costly to exploit the resources here."  "Southwest Securities can be introduced to the Western Mining (601168.SH) of Yulong copper mine, for example, is located in more than 3,000 square meters of the copper mine elevation, a year of effective mining less than 9 months." And the elevation of the Chong Jiang Mining area is 4300 meters.  In addition, traffic, topography and other factors to the local mining brings unfavorable factors. However, from the disclosure of information disclosed, the Tibet Tin Road Investment holding Nimu County Mining area, the difficulty of transportation and mining is better. The alluvial copper deposit belongs to a large porphyry copper mine, which belongs to the same type as several copper mines under the cloud copper. Mining is less difficult. It is expected that the total copper resources in mining area can reach more than 1.5 million tons, and have better mineralization potential and prospecting prospect. Mining area 120 km from Lasa, GreenTibet Railway 130 km. The mining area perennial can pass the automobile.  Even so, it has been estimated that, with the current mining cost of most porphyry copper deposits of 25,000 yuan/ton, the overall cost of the mining area is about 30,000 yuan/ton. But in any case, the news of the two executives ' arrival left a glimmer of hope for the anxious investors. Do not know whether this exchange transfusion, it means that this goal is being intensified.

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