Report raises questions about China Shen Zhou Mining

Absaroka Capital Management LLC published a research report Tuesday claiming that China Shen Zhou Mining & Resource Corp.(AMEX: SHZ) is “fraudulently misrepresenting its business and thus is massively overvalued by the market at this time.” Among other things, the hedge fund asserted that China Shen Zhou’s management has exaggerated the size of key mines, and that it will be impossible for the company to meet its financial projections for fiscal 2011.

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