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mkaung2000 Veteran	24-Jul-2016 13:12        mkaung2000 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Think logically... What are the pro/con for ceasing of their operation? What are the pro/con for continuing their opeartion? What will happen even if they engaged in such large scale operation before approval? To me, there is no reason to prolong stop work order, unless their operation is damaging the environment. CNMC is profitable/paying tax and local people benefit from their operation. No one benefits by shutting down their operation. From their web, " The primary negative social impact from mining operations is the loss of employment when its operations cease. However, to mitigate this downside, the local workforce would have been fully trained with multi-skilled experience that is transferable to other mining or similar industries. Nonetheless, with our on-going exploration programme to further expand our resources and reserves, the Company is confident that mining operations in Kelantan will continue in the foreseeable future." zandlery      ( Date: 24-Jul-2016 12:49) Posted: Now there are speculation of the nature of the stop work but whatever it is......it still speculation. I guess most ppl worried now is the period of stop work. if just a short one.....hurray for every vested personel..........but no one actually knows how long......if months imagine what the result going to show?
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ken777 Veteran	24-Jul-2016 13:03        ken777 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Stop work is not a one day thing though mean there something behind it which require it to stop. Just my 2 cent
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zandlery Supreme	24-Jul-2016 12:49        zandlery About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	Now there are speculation of the nature of the stop work but whatever it is......it still speculation. I guess most ppl worried now is the period of stop work. if just a short one.....hurray for every vested personel..........but no one actually knows how long......if months imagine what the result going to show?
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mkaung2000 Veteran	24-Jul-2016 11:53        mkaung2000 About Contact  Quote this Post!
x 0   x 0  Alert Admin	http://www.theedgemarkets.com.sg/sg/article/did-stop-work-order-trigger-sharp-fall-cnmc-goldmine Someone posted on FB. There are a few good point in this report. - CEO/team is working on acquisition of Pulai Mining. - Stop-work order came from the land and mines office which issues exploration and mining licenses and not from the environment or health departments.[So, stop work order is not due to violation] - Stop-work order is due to application of large scale operation status.[There were people who believe this reason was BS] - They are extending licence to 21 years. The news actually good. But, mkt took it as bad by just looking at stop work order. IMO, this stock should recover next week. viromics      ( Date: 24-Jul-2016 09:44) Posted: Guess there are some urgly reasons for the order of " stop work" . If as annouced, it is to discus " requirements for large-scale operation status" , this will not lead to, and no need to stop current work. Something may be covered from our retailers...for example, environmental issue? In addtion, if they forcast the huge profit for large scale of mining, why do they approve the acquisition?
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dragonboy76 Master	24-Jul-2016 11:21        dragonboy76 About Contact  Quote this Post!
x 0   x 0  Alert Admin	I don't think they have done large scale mining behind govt back. Very stupid of them to do so if caught and I don't think they r that stupid. Without large scale mining approval, there is a limit on the amount of output they can mine. Moreover I think they approve to acquisite the nearby mine is to gain economic of scale. To even lower the unit cost of gold production and make even bigger profit. Hope the meeting outcome is positive. Then this week can cheong thus counter all the way.
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davidoch Senior	24-Jul-2016 10:59        davidoch About Contact  Quote this Post!
x 0   x 0  Alert Admin	Money matter, malaysia boleh...
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cbdoctor Member	24-Jul-2016 10:57        cbdoctor About Contact  Quote this Post!
x 0   x 0  Alert Admin	! Mine Dear Brother.      Maybe .
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moneyspinner Veteran	24-Jul-2016 09:58        moneyspinner About Contact  Quote this Post!
x 0   x 0  Alert Admin	The question to ask is is such stop work order a standard practice for evaluation of a large scale operation status application? Or such an order is issued now is a result of the discovery by the authorities that CNMC is already engaged in such large scale operation which presumably is the case.   Otherwise why the stop work order?   If CNMC is in compliance, evaluation can always be done while mining is ongoing! viromics      ( Date: 24-Jul-2016 09:44) Posted: Guess there are some urgly reasons for the order of " stop work" . If as annouced, it is to discus " requirements for large-scale operation status" , this will not lead to, and no need to stop current work. Something may be covered from our retailers...for example, environmental issue? In addtion, if they forcast the huge profit for large scale of mining, why do they approve the acquisition?
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viromics Senior	24-Jul-2016 09:44        viromics About Contact  Quote this Post! Style: Combined   Mood: Yells: "If I am thinking buying, it is an opportunity to sell"
x 0   x 0  Alert Admin	Guess there are some urgly reasons for the order of " stop work" . If as annouced, it is to discus " requirements for large-scale operation status" , this will not lead to, and no need to stop current work. Something may be covered from our retailers...for example, environmental issue? In addtion, if they forcast the huge profit for large scale of mining, why do they approve the acquisition?
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NoMoney Master	24-Jul-2016 09:42        NoMoney About Contact  Quote this Post!
x 0   x 0  Alert Admin	if secure liao tomorrow shorties cry if fail to secure people who hold will cry   FreedomAngelz      ( Date: 24-Jul-2016 08:52) Posted: Best of luck to CNMC in securing the large-scale operation licence status with the official today later.
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FreedomAngelz Veteran	24-Jul-2016 08:52        FreedomAngelz About Contact  Quote this Post!
x 0   x 0  Alert Admin	Best of luck to CNMC in securing the large-scale operation licence status with the official today later.
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GoldFocus Member	24-Jul-2016 08:03        GoldFocus About Contact  Quote this Post!
x 0   x 0  Alert Admin	Because work week in Kelantan is Sunday-Thursday alvin87a      ( Date: 24-Jul-2016 01:28) Posted: under table business must deal on sunday...less ppl ma!!!   dragonboy76      ( Date: 23-Jul-2016 15:52) Posted: They are meeting ptg today. Any guess why meeting falls on a wkend when whole building presumably is empty or minimum ppl? Business meeting should be weekday, right?
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alvin87a Member	24-Jul-2016 01:28        alvin87a About Contact  Quote this Post!
x 0   x 0  Alert Admin	under table business must deal on sunday...less ppl ma!!!   dragonboy76      ( Date: 23-Jul-2016 15:52) Posted: They are meeting ptg today. Any guess why meeting falls on a wkend when whole building presumably is empty or minimum ppl? Business meeting should be weekday, right?
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dragonboy76 Master	23-Jul-2016 16:11        dragonboy76 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Thanks for sharing mkaung2000      ( Date: 23-Jul-2016 16:08) Posted: Nothing new in BT. SHARES of Catalist-listed CNMC Goldmine Holdings were among the most hotly traded on Friday, following the notification by the Kelantan State Lands and Mines Office for it to temporarily stop its operations at the Sokor gold field. The stock dipped to a day' s low of 36 Singapore cents in early trade and rose to a high of 45 Singapore cents. It finished 3.5 Singapore cents or nearly 8 per cent down at 42.5 Singapore cents on Friday with some 62 million shares worth S$25 million done. The temporary order for CNMC Goldmine to halt its operations came on July 19. It was made in connection with the state government' s review of the firm' s application to allow the mining of unlimited amounts of ore from Sokor. Together with its joint-venture partner in the project, the Kelantan State Economic Development Corporation, CNMC said it is working closely with the authorities to ensure that it meets all the requirements for large-scale operation status. Its board is of the opinion that the stop-work order should be lifted in due course. Together with its joint-venture partner in the project, the Kelantan State Economic Development Corporation, CNMC said it is working closely with the authorities to ensure that it meets all the requirements for large-scale operation status. dragonboy76      ( Date: 23-Jul-2016 11:46) Posted: Today business times got article on cnmc yesterday trade. Anyone who is a subscriber of business times can share and post the article here?
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mkaung2000 Veteran	23-Jul-2016 16:08        mkaung2000 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Nothing new in BT. SHARES of Catalist-listed CNMC Goldmine Holdings were among the most hotly traded on Friday, following the notification by the Kelantan State Lands and Mines Office for it to temporarily stop its operations at the Sokor gold field. The stock dipped to a day' s low of 36 Singapore cents in early trade and rose to a high of 45 Singapore cents. It finished 3.5 Singapore cents or nearly 8 per cent down at 42.5 Singapore cents on Friday with some 62 million shares worth S$25 million done. The temporary order for CNMC Goldmine to halt its operations came on July 19. It was made in connection with the state government' s review of the firm' s application to allow the mining of unlimited amounts of ore from Sokor. Together with its joint-venture partner in the project, the Kelantan State Economic Development Corporation, CNMC said it is working closely with the authorities to ensure that it meets all the requirements for large-scale operation status. Its board is of the opinion that the stop-work order should be lifted in due course. Together with its joint-venture partner in the project, the Kelantan State Economic Development Corporation, CNMC said it is working closely with the authorities to ensure that it meets all the requirements for large-scale operation status. dragonboy76      ( Date: 23-Jul-2016 11:46) Posted: Today business times got article on cnmc yesterday trade. Anyone who is a subscriber of business times can share and post the article here?
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mkaung2000 Veteran	23-Jul-2016 16:00        mkaung2000 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Of coures, price doesn' t move based on what we post here. I myself won' t be affected by what people here posted. But, there might be some who panic and sold based on what we post. No Stock will go up straight line. There will be retaces/pullback. Do you study any TA? Stop work order is fact. But, these are not, " uplift of stop work order could take months" " Cnmc i think got checked mate by the kelantan gov...its quite hillarious the reason given for the stop work order.."   " Maybe earlier they already verbally told them to stop work.."   " Since the share was drop even when gold price still ok Whatever it is ...its gameover to them"   Wind22i      ( Date: 23-Jul-2016 15:41) Posted: Well the price doesnt depend on what is said here. It depends on the bb's.. If the price already drop so much..if it's not gameover ,then what shld we call it ? The stop work order is a fact...can we deny this fact and say otherwise?
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dragonboy76 Master	23-Jul-2016 15:55        dragonboy76 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Paisei typo error. I was told Sunday.
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dragonboy76 Master	23-Jul-2016 15:52        dragonboy76 About Contact  Quote this Post!
x 0   x 0  Alert Admin	They are meeting ptg today. Any guess why meeting falls on a wkend when whole building presumably is empty or minimum ppl? Business meeting should be weekday, right?
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dragonboy76 Master	23-Jul-2016 15:48        dragonboy76 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Comparison of cnmc against peers. From reuters KEY RATIOS Price to Earnings (TTM) vs sector 9.65 42.31 Price to Sales (TTM) vs sector 3.45 3.54 Price to Book (MRQ) vs sector 3.36 1.93 Price to Cash Flow (TTM) vs sector 6.20 11.58 Total Debt to Equity (MRQ) vs sector 0.38 27.65 LT Debt to Equity (MRQ) vs sector 0.26 18.83 Return on Investment (TTM) vs sector 48.87 8.06 Return on Equity (TTM) vs sector 40.64 8.96
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FreedomAngelz Veteran	23-Jul-2016 15:45        FreedomAngelz About Contact  Quote this Post!
x 0   x 0  Alert Admin	Just like to remind everyone to trust your own opinion in regards to trading instead of relying on info feeds from forum. Some like to tread carefully and some believe that this company has great potential. Its is your duty to make sure you research carefully and make your choice.
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