BOCOM International published a report that since the pattern of continued weakening of the US dollar is difficult to change, it is expected that gold prices will continue to rise in the later stages, and it is estimated that international gold prices are expected to challenge 1,500 US dollars per ounce during the year, and are expected to reach 1,600 US dollars in the first half of 2011. The following is BOCOM International's latest investment rating and target price for mainland gold mining stocks.
Stock Name/Investment Rating/Target Price
Zhaojin Mining (01818-HK) /purchase/31.8 yuan.
Ruijin Mining (00246-HK) /purchase/19.9 yuan.
Zijin Mining (02899-HK) /purchase/10.2 yuan.
China Precious Metals (01194-HK) /purchase/2.24 yuan.
Lingbao Gold (03330-HK) /long-term purchase/6.5 yuan.