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Mon, January 21, 2013
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Fri, January 18, 2013 China Gengsheng Minerals Corp (AMEX:CHGS), Down By 9.09% ($0.03) From $0.330 After BUYINS.NET Report Predicted Stock Would Go D
January 18, 2013 / M2 PRESSWIRE / BUYINS.NET, www.buyins.net , a provider of unique trading technologies, released a report on Thursday, January 17th 2013 stating that China Gengsheng Minerals Corp (AMEX:CHGS) was expected to go Down due to the Bearish conditions presented in the following report. Click here to view the BUYINS.NET report: http://www.buyins.net/releases/?sym=chgs&id=341344
At the time this story was written, China Gengsheng Minerals Corp (AMEX:CHGS) is Down By $0.03 (9.09%) since the BUYINS.NET report was released.
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China Gengsheng Minerals Corp (AMEX:CHGS) - China GengSheng Minerals, Inc., through its subsidiaries, develops, manufactures, and sells a range of mineral-based heat-resistant products for the steel and oil industries. It primarily offers monolithic refractory products, industrial and functional ceramics, fracture proppants, and fine precision abrasives. The company s monolithic refractories include castable, coating, and dry mix materials; low-cement and non-cement castables; and pre-cast roofs, which are used as linings and key components in various industrial furnaces, such as steel production furnaces, ladles, vessels, and other high-temperature processing machines in the iron, steel, cement, chemical, coal, glass, petro-chemical, and nonferrous industries. Its industrial ceramics comprise abrasive balls and tiles, valves, electronic ceramics, and structural ceramics that are used as components for various end products, such as fuses, vacuum interrupters, electrical components, mud slurry pumps, and high-pressure pumps used in the electric power, electronic component, industrial pump, and metallurgy industries. The company s fracture proppant products include ball-like pellets used to reach pockets of oil and natural gas deposits that are trapped in the fractures under the ground. Its fine precision abrasives are ultra-fine pellets made from green silicon carbide, which are primarily used for surface-polishing and slicing of precision instruments, such as solar panels, as well as in range of areas, including machinery manufacturing, electronics, optical glass, architecture, industry development, semiconductor, silicon chip, plastics, and lenses. The company sells its products to approximately 170 customers in China and other countries in Asia, Europe, and North America. The company was formerly known as China Minerals Technologies, Inc. and changed its name to China GengSheng Minerals, Inc. in July, 2007. China GengSheng Minerals, Inc. is based in Gongyi, the People s Republic of China..
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