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hehe 
Bring on .40's already
The chart & today's volume indicating big KABOOOM is on the way,imo
HOD @ .365 +17%
Have we found a bottom yet?
It sure does cj, it's well overdue for a nice run...
I would really like to see it close above the MA(50) this week
SHZ Chart looks primed for a run!
Float: 20.52M
% Held by Insiders1: 47.81%
We break .36 it's on
Looking for more volume monday
Volume and buying action was great Yesterday, someone is loading up here.
Friday's volume was the heaviest since March when this was trading @ 1.60
I think it's very possible we can see a run heading into earnings considering this is significantly undervalued at these levels...
JMHO
SHZ- DD SUMMARY & CHART!!
Provided by $tockfather
China Shen Zhou Mining & Resources, Inc. (SHZ) is engaged in the exploration, development, mining and processing of fluorite, zinc, lead, copper, and other nonferrous metals in the People's Republic of China. The Company's business is conducted through its China-based subsidiaries. It operates mines in the Inner Mongolia Autonomous Region, Xinjiang Uygur Autonomous Region and the Anhui Province. (Qianzhen Mining). The Company extracts and processes fluorite ores or fluorspar in northern Inner Mongolia. The Company extracts and process zinc, copper and leads ores in the central part of Inner Mongolia and the northeastern part of the Xinjiang Uygur Autonomous Region. The Company's wholly owned subsidiaries include American Federal Mining Group, Inc. (AFMG), Inner Mongolia Xiangzhen Mining Group Co., Ltd. (Xiangzhen Mining) and Inner Mongolia Wulatehouqi Qianzhen Ore Processing Co., Ltd.
Revenue 28.59m
Net income -3.32m
Incorporated 2006
Employees 317
Average volume 380.25k
Shares outstanding 39.32m
Free float 20.52m
Market cap 9.44m
EPS -0.0932
Short % of float 3.1%
Tangible book value per share $1.34
Income statement
Year on year China Shen Zhou Mining & Resources Inc grew revenues 163.10% from 11.61m to 30.55m while net income improved from a loss of 3.29m to a gain of 346.00k
Growth rates
Year on year, growth in earnings per share excluding extraordinary items increased 112.50%. Additionally, five year annualized earnings per share growth is in-line with the industry average relative to its peers.
Cash flow
In 2011, China Shen Zhou Mining & Resources Inc increased its cash reserves by 260.45%, or 4.02m. Cash Flow from Financing totalled 18.57m or 60.78% of revenues. In addition the company used 4.02m for operations while cash used for investing totalled 11.03m
SEC FILINGS
http://www.sec.gov/cgi-bin/browse-edgar?company=&CIK=0000790024&filenum=&State=&SIC=&owner=include&action=getcompany
ACQUISITION
On January 16, 2012, the Company through its subsidiary Xiangzhen Mining entered into an equity transfer and capital increase agreement (the “Wuchuan Agreement”) to acquire 60% of the equity interests of Dongsheng Mining.
Pursuant to the Wuchuan Agreement, the Company acquired the equity from the two shareholders of Dongsheng Mining (Gang Liu, a Chinese citizen, and Qiang Liu, a Chinese citizen) for total consideration in the form of 2,418,448 shares of the Company’s common stock and approximately US$7,897,000 in cash.
Xiangzhen Mining
In November 2007, Xiangzhen Mining finished construction of a mining project with a capacity of 300,000 metric tons and a processing plant with a capacity of 200,000 metric tons. Xiangzhen Mining owns 100% of the fluorite mining rights of Inner Mongolia Sumochaganaobao.
In 2011, Xiangzhen Mining extracted approximately 190,000 metric tons of fluorite ore, produced 41,000 metric tons of fluorite lumps and sold 49,000 metric tons of fluorite lumps with total sales of approximately US$ 6.38 million, accounting for approximately 25% of the revenues of our fluorite business. Xiangzhen Mining also produced 56,000 metric tons of fluorite powder and sold 49,000 metric tons of fluorite powder for approximately US$ 16.03 million, which accounted for approximately 63% of the revenues of our fluorite business.
Xinyi Fluorite
On January 13, 2011, the Company through its subsidiary Xingzhen Mining acquired 55% of the equity interests of Xinyi Fluorite. Xinyi Fluorite owns 100% of one processing plant with a processing capacity of 60,000 metric tons of fluorite ore per year and the mining rights of the Guangrong Mine and the Qingzhen Fluorite Xinyi Mine No. 1.
After the acquisition, the Company performed certain renovations and Xinyi Mine No. 1 resumed production on February 10, 2011. The processing plant resumed its production on March 26, 2011.
On February 7, 2012, the Company through its subsidiary Xiangzhen Mining purchased a 60% equity interest in Qianshi Resources, from Qianshi Resources’ two shareholders (Gang Liu and Guojian Zhou, a Chinese citizen) for total consideration in the form of 337,457 shares of the Company’s common stock. On February 7, 2012, the Company through its subsidiary Xiangzhen Mining also purchased a 60% equity interest in Meilan Mining, from Meilan Mining’s shareholder (Gang Liu) for total consideration in the form of 506,186 shares of the Company’s common stock.
Plans for extraction and processing fluorite in 2012
In 2012, Xiangzhen Mining plans to be in normal production. We plan to extract 150,000 metric tons of fluorite ore, produce 40,000 metric tons of fluorite powder, and produce 60,000 metric tons of fluorite lumps. We plan to sell 40,000 metric tons of fluorite powder and 60,000 metric tons of fluorite lumps.
In 2012, Xinyi Fluorite plans to be in normal production. We plan to extract 60,000 metric tons of fluorite ore produce 25,000 metric tons of fluorite powder, and produce 10,000 metric tons of fluorite lumps. We plan to sell 25,000 metric tons of fluorite powder and 10,000 metric tons of fluorite lumps.
We also plan to do the following work in 2012:
Ensure and stabilized our current production, extract and process to capacity and carry-out our current plans.
According to changes in the prices of fluorite powder and fluorite lumps, adjust the proportion of fluorite powder and fluorite lumps in our product structure to ensure the highest profit.
We will still strive to leverage our position as one of the leaders in the industry to acquire additional appropriate fluorite reserves.
Acquire advanced fluorine chemical technology and develop and construct down stream products using fluorite as a raw material.
Dongsheng Mining
On January 16, 2012, the Company through its subsidiary Xiangzhen Mining, entered into an equity transfer and capital increase agreement to acquire 60% of the equity interests of Dongsheng Mining. Dongsheng Mining is a limited liability company legally incorporated on December 13, 1999 and validly existing in Wuchuan Yilao & Miao Autonomous County, Zunyi City, Guizhou Province in the PRC . Dongsheng Mining has a registered capital of RMB 2,000,000 with its business mainly in extraction and processing of fluorite ore and barite ore . Currently, it owns 100% of the mining rights of Shuanghe Fluorite Mine, Fenshui Qingshuzi Barite and Fluorite Mine, Baicun Fluorite Mine, Luping Fluorite Mine and Shibuya Barite and Fluorite Mine, and it also owns Douru Town Fluorite Flotation Plant and the Fenshui Town Fluorite and Barite Flotation Plant, and a 30% equity interest in Wuchuan Chenhe Dongsheng Fluoride Industry Co., Ltd. in Wuchuan Yilao & Miao Autonomous County, Zunyi City, Guizhou Province in the PRC.
Meilan Mining
On February 7, 2012, the Company through its subsidiary Xiangzhen Mining purchased a 60% equity interest in Meilan Mining. Meilan Mining is a PRC limited liability company legally incorporated on November 20, 2007 and validly existing in Yanhe Tujiazu Autonomous County, Tongren City, Guizhou Province in the PRC. Meilan Mining has a registered capital of RMB 1,334,000 and its primary business is the extraction of fluorite ore and barite ore . Currently, Meilan Mining owns 100% of the mining rights to the fluorite ores in Fengshuiling, Banchang Town, Yanhe Tujiazu Autonomous County, Tongren City, Guizhou Province in the PRC.
Qianshi Resources
On February 7, 2012, the Company through its subsidiary Xiangzhen Mining purchased a 60% equity interest in Qianshi Resources. Qianshi Resources is a PRC limited liability company legally incorporated on April 30, 2005 and validly existing in Yanhe Tujiazu Autonomous County, Tongren City, Guizhou Province in the PRC. Qianshi Resources has a registered capital of RMB 1,000,000 and its primary business is the extraction and processing of fluorite ore and barite ore . Currently, Qianshi Resources owns 100% of the mining rights of Jingliang Fluorite Mine, and the Fluorite Flotation Plant in the Huangtu Town, Yanhe Tujiazu Autonomous County, Tongren City, Guizhou Province in the PRC.
Xingzhen Mining
In July 2006, Xingzhen Mining started to build a 200,000 metric tons/year zinc-copper ore mining and processing project at Keyinbulake Multi-Metal Mine in Buerjin County, Aletai Region, Xinjiang Uygur Autonomous Region.
On April 28, 2008, Xingzhen Mining completed a successful test of its facilities and subsequently started production. In parallel with processing, Xingzhen Mining continued exploration in the area.
In 2011, Xingzhen produced zinc concentrates and copper concentrates equivalent to 2,639 metric tons of zinc metal and 214 metric tons of copper metal as compared to 3,129 and 155 metric tons in 2010, respectively, and sold zinc concentrates and copper concentrates equivalent to 2,761 metric tons of zinc metal and 254 metric tons of copper metal, as compared to 2,538 and 115 metal tons in 2010, respectively, accounting for approximately 63% and 37%, respectively, of the total revenues of our nonferrous business of approximately $4.98 million as compared to 79%, 21% and $3.60 million in 2010, respectively.
We started production at the end of April 2012. We did not stop excavating in 2011. We plan to extract ores of 130,000 metric tons, process ores of 130,000 metric tons, and produce approximately 5,000 metal tons of zinc concentrate and approximately 470 metal tons of copper concentrate.
Ms. Xiaojing Yu, Chairperson and Chief Executive Officer of China Shen Zhou commented, "Despite the challenges we faced during the second quarter, Shen Zhou Mining is still backed by high quality fluorspar asset with its highly strategic value and broad downstream applications. We believe our stock is deeply undervalued. Meanwhile, the Chinese government's support of fluorite as a key industrial raw material continues to raise industry barriers of entry. Our large fluorite deposits, established marketing channels and strategic partnerships with downstream fluoride manufacturers position us well to lead the Chinese fluorite industry and capture future opportunities."
Next Earnings Announcement 11/14/2012
I'm in for 15k @ .28 and looking for a mega run soon to at least the Tangible book value per share @ 1.34
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