China Natural Resources, Inc. (NASDAQ:CHNR)
The Company is engaged in identifying,acquiring and operating business opportunities. It disposes acquired businesses whenever required.
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I'm buying on the huge downturn in this China holding- alot of natural resources in China
untapped resources
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More crap from China.
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This bubble will most likely burst
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I have no reasonable explanation for the surge (if that isn't too loose of a term) shooting the stock up 400% in the past month or so... there is no way CHNR can sustain the momentum, and if investors got in before $30 per share they will jump off before they lose their winnings, creating even more of a downturn
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I bought CHNR at 15.95 and rode it up to its peak and then got out at 41.20. The EPS is only 0.7 per share and while the long term outlook may be favorable because of CHNR's exclusive contracts, the realization of its mining proceeds are years away. Even with China's 11% annual growth in GDP, CHNR will not be able to address that growing need anytime soon. For now, it is over rated and overpriced.
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this one is another scam, like CHNG.OB, SEED, etc...
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This stock has an amazing run for no good reason. Almost 400% is less than a month!! Why? I have no idea......and I don't care....as long it rises even further I'm happy.....but I will watch this one quite closely....it's done this before.....
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THis article explains my pick
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The runup was too good to be true ... at least for long.
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Going down time.
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There is no explanation for this recent rise.
It is going down.
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china's market is red hot
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utter ridiculousness!!!
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P/E is comparitively low, China market is hot. Precious metals are hot. Company financials look solid. Stock is not subject to pitfalls of US economy. I bought this stock at 11.02 on 09/05/2007.
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China;steel; and management
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Chinese demand for natural resources mined by CHNR will only continue to grow and mean growth for CHNR.
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this company is still quite young an d therefore represents kind of a risky play. but they are growing revenue quite well. the debt levels for this compay are a little high for my tastes, but all in all,they look strong.
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undervalued
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