GEO JS Tech Group Corp. (GJST) is up 33% on volume that is ten times average volume.
About GEO JS Tech Group Corp:
GEO JS Tech Group Corp. is a Texas corporation organized on April 13, 2010, is engage in procuring and delivering commodities in the international market with a primary focus on Mexican-based iron ore mining and mineral ore trading. We currently hold joint ventures and licensing rights to iron ore mines in the outskirts of Ensenada and Manzanillo, Mexico that we intend to exploit in the future in order to obtain marketable product. We also have strategic relationships directly with end users in China for delivery of iron ore. We anticipate fulfilling our business objectives by procuring iron ore product and the future excavation and retrieval of iron ore in our Mexico mines and, in turn, selling the product to Chinese counterparts.
Iron ore is the main source of primary iron required for the global iron and steel industries. It is essential as part of the production process of steel, which is critical to the global economy as steel is used in such items as ships, buildings, cars, appliances and many other products. Management believes that China has a substantial and increasing demand for iron ore to produce steel and that it represents a viable market for the company’s iron ore production.
