CNG owns 39.3 percent of the outstanding common shares of the Company as at June 30, 2012 OUTSTANDING SHARES
As of June 30, 2012, the Company had 396, 273,753 common shares issued and outstanding .CNG.SHARES ..and there not for sale!...39.3%. on what they own.... At June 30, 2012, the Company had an accumulated surplus of US$65.3 million
China Gold International’s cash balance at June 30, 2012 was US$333.9 million. the Company intended to use
approximately 30% of the net proceeds from its Global Offering for potential acquisition of gold and non-ferrous mineral
resources outside of China by focusing on mines at operating stages and advanced mining or exploration projects with high
growth prospect. Mundoro and Monnis NR , and CGGThe Board of Directors has given the Company approval to conduct reviews of a number of potential assets and/or business acquisition http://thecitizen.co.tz/news/4-national-news/24952-barrick-in-sale-talks-with-china.html
news would put CGG on the LME exchange in Nov 2012!