One of the companies in my Red-Hot Global Small-Caps portfolio, Jinshan Mining (JIN on the Toronto Stock Exchange, JINFF on the pink sheets in the U.S.), is caught up in this. Jinshan's major shareholder is China National Gold Group. China National is going to use Jinshan as a vehicle to acquire gold mining projects outside of China, either developed projects or assets that are already in operation.

I think it's big, bullish news for Jinshan. Do your own due diligence before you buy anything. But it goes to show that the Chinese think gold is cheap at current prices, and they have their sites set much higher.