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spore1 Supreme	22-Jul-2016 23:34        spore1 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Is better stay sideline
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reverieeee Member	22-Jul-2016 23:22        reverieeee About Contact  Quote this Post! Style: Flexible   Mood: Yells: "sheep will be sheep"
x 1   x 0  Alert Admin	http://www.theedgemarkets.com.sg/sg/article/did-stop-work-order-trigger-sharp-fall-cnmc-goldmine smallcapper999      ( Date: 22-Jul-2016 21:21) Posted: Can provide the source for this news? dragonboy76      ( Date: 22-Jul-2016 19:53) Posted: See below for info. Take it as positive development SINGAPORE (July 22): Shares in CNMC Goldmine Holdings plunged nearly 12% on Friday after the group made an after-market announcement on Thursday that it had received a temporary stop-work order from a Kelantan government agency. In the past month, shares in CNMC Goldmine have been climbing steadily. On July 17, the stock peaked at 61 cents in tandem with a rally in gold prices driven by concerns over the impact of the UK?s withdrawal from the European Union on the global economy. Since then, the stock has corrected but appeared to show more weakness in the days before the company called a trading halt on Tuesday. Company officials say that they requested the trading halt as soon as they were able to confirm the stop-work order had been issued. CEO Chris Lim tells thedgemarkets.com he only knew about the stop-work order at noon on Tuesday while he was on his way to catch a flight back to Singapore from Kuala Lumpur. He was in Kuala Lumpur to attend a meeting with officials of Pulai Mining and the Kelantan State Economic Development Corp (KSEDC), which is a partner in CNMC Goldmine?s 81%-held operating subsidiary, CNMN Mining Group. CNMC Goldmine announced on June 28 that it had signed a letter of intent to acquire a 51% stake in Pulai Mining which holds a gold exploration and mining concession in Kelantan. ?I left the meeting early. At 12, I received a call from the KSEDC?s chairman asking if I had received a stop-work letter from (the Kelantan State Land and Mines Office),? says Lim. ?I said no and immediately told my staff in Kelantan to check.? It turned out that the Kelantan State Lands and Mines Office was in the process of sending the company a letter requesting it to stop operations temporarily at its gold mine in Sokor, Lim says. As soon as a translation of the letter in English was sighted and after discussions with its sponsors, PrimePartners Corporate Finance, the company announced the trading halt at 2.20 pm, he says. The next day, company chairman Lin Xiang Xiong, who is also Lim?s father, flew to Kota Bharu to find out why the stop-work order was issued. The stop-work order is in relation to the company?s application for large scale operation status, which will allow it to mine unlimited amounts of ores in its concession. Company officials say that they will be meeting officials from the state land and mines office soon to help them in their review of whether CNMC Goldmine meets requirements to be granted large scale operation status. The company had applied to upgrade its operation scale as part of its bid to extend its concession life which expires in 2018 by 21 years. CNMC Goldmine currently has the capacity to process one million tonnes of ores a year. Company officials must have been relieved that the stop-work order came from the land and mines office which issues exploration and mining licenses and not from the environment or health departments. Year to date, shares of CNMC Goldmine are still up 120%. As at 1.55 pm, it was trading at 41 cents.
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Wind22i Supreme	22-Jul-2016 22:33        Wind22i About Contact  Quote this Post!
x 0   x 0  Alert Admin	Its a tricky share..cnmc not easy to predict...just like ezra...
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iamwxd Member	22-Jul-2016 21:22        iamwxd About Contact  Quote this Post!
x 0   x 0  Alert Admin	that explain why it up.   Wind22i      ( Date: 22-Jul-2016 21:07) Posted: 2.2 mil shortsellers volume today ... All goner i guess since it rebounded strongly..
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smallcapper999 Senior	22-Jul-2016 21:21        smallcapper999 About Contact  Quote this Post! Style: Fundamental   Mood:
x 0   x 0  Alert Admin	Can provide the source for this news? dragonboy76      ( Date: 22-Jul-2016 19:53) Posted: See below for info. Take it as positive development SINGAPORE (July 22): Shares in CNMC Goldmine Holdings plunged nearly 12% on Friday after the group made an after-market announcement on Thursday that it had received a temporary stop-work order from a Kelantan government agency. In the past month, shares in CNMC Goldmine have been climbing steadily. On July 17, the stock peaked at 61 cents in tandem with a rally in gold prices driven by concerns over the impact of the UK?s withdrawal from the European Union on the global economy. Since then, the stock has corrected but appeared to show more weakness in the days before the company called a trading halt on Tuesday. Company officials say that they requested the trading halt as soon as they were able to confirm the stop-work order had been issued. CEO Chris Lim tells thedgemarkets.com he only knew about the stop-work order at noon on Tuesday while he was on his way to catch a flight back to Singapore from Kuala Lumpur. He was in Kuala Lumpur to attend a meeting with officials of Pulai Mining and the Kelantan State Economic Development Corp (KSEDC), which is a partner in CNMC Goldmine?s 81%-held operating subsidiary, CNMN Mining Group. CNMC Goldmine announced on June 28 that it had signed a letter of intent to acquire a 51% stake in Pulai Mining which holds a gold exploration and mining concession in Kelantan. ?I left the meeting early. At 12, I received a call from the KSEDC?s chairman asking if I had received a stop-work letter from (the Kelantan State Land and Mines Office),? says Lim. ?I said no and immediately told my staff in Kelantan to check.? It turned out that the Kelantan State Lands and Mines Office was in the process of sending the company a letter requesting it to stop operations temporarily at its gold mine in Sokor, Lim says. As soon as a translation of the letter in English was sighted and after discussions with its sponsors, PrimePartners Corporate Finance, the company announced the trading halt at 2.20 pm, he says. The next day, company chairman Lin Xiang Xiong, who is also Lim?s father, flew to Kota Bharu to find out why the stop-work order was issued. The stop-work order is in relation to the company?s application for large scale operation status, which will allow it to mine unlimited amounts of ores in its concession. Company officials say that they will be meeting officials from the state land and mines office soon to help them in their review of whether CNMC Goldmine meets requirements to be granted large scale operation status. The company had applied to upgrade its operation scale as part of its bid to extend its concession life which expires in 2018 by 21 years. CNMC Goldmine currently has the capacity to process one million tonnes of ores a year. Company officials must have been relieved that the stop-work order came from the land and mines office which issues exploration and mining licenses and not from the environment or health departments. Year to date, shares of CNMC Goldmine are still up 120%. As at 1.55 pm, it was trading at 41 cents.
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iamwxd Member	22-Jul-2016 21:19        iamwxd About Contact  Quote this Post!
x 0   x 0  Alert Admin	Thanks for your info. The company had applied to upgrade its operation scale as part of its bid to extend its concession life which expires in 2018 by 21 years.  Read the story about how the boss got the news and above sentence carefully. It is different from its annoucement. I still thought CNMC try to hide something.  Today' s volume too high and that make feeling not good as well. Even the stock shoot up to 50 cents again, I' ll never regret to sell it. Anyway good luck for all. Do not try to short it as well. Today' s shortiest must be very pain as well.           dragonboy76      ( Date: 22-Jul-2016 19:53) Posted: See below for info. Take it as positive development SINGAPORE (July 22): Shares in CNMC Goldmine Holdings plunged nearly 12% on Friday after the group made an after-market announcement on Thursday that it had received a temporary stop-work order from a Kelantan government agency. In the past month, shares in CNMC Goldmine have been climbing steadily. On July 17, the stock peaked at 61 cents in tandem with a rally in gold prices driven by concerns over the impact of the UK?s withdrawal from the European Union on the global economy. Since then, the stock has corrected but appeared to show more weakness in the days before the company called a trading halt on Tuesday. Company officials say that they requested the trading halt as soon as they were able to confirm the stop-work order had been issued. CEO Chris Lim tells thedgemarkets.com he only knew about the stop-work order at noon on Tuesday while he was on his way to catch a flight back to Singapore from Kuala Lumpur. He was in Kuala Lumpur to attend a meeting with officials of Pulai Mining and the Kelantan State Economic Development Corp (KSEDC), which is a partner in CNMC Goldmine?s 81%-held operating subsidiary, CNMN Mining Group. CNMC Goldmine announced on June 28 that it had signed a letter of intent to acquire a 51% stake in Pulai Mining which holds a gold exploration and mining concession in Kelantan. ?I left the meeting early. At 12, I received a call from the KSEDC?s chairman asking if I had received a stop-work letter from (the Kelantan State Land and Mines Office),? says Lim. ?I said no and immediately told my staff in Kelantan to check.? It turned out that the Kelantan State Lands and Mines Office was in the process of sending the company a letter requesting it to stop operations temporarily at its gold mine in Sokor, Lim says. As soon as a translation of the letter in English was sighted and after discussions with its sponsors, PrimePartners Corporate Finance, the company announced the trading halt at 2.20 pm, he says. The next day, company chairman Lin Xiang Xiong, who is also Lim?s father, flew to Kota Bharu to find out why the stop-work order was issued. The stop-work order is in relation to the company?s application for large scale operation status, which will allow it to mine unlimited amounts of ores in its concession. Company officials say that they will be meeting officials from the state land and mines office soon to help them in their review of whether CNMC Goldmine meets requirements to be granted large scale operation status. The company had applied to upgrade its operation scale as part of its bid to extend its concession life which expires in 2018 by 21 years. CNMC Goldmine currently has the capacity to process one million tonnes of ores a year. Company officials must have been relieved that the stop-work order came from the land and mines office which issues exploration and mining licenses and not from the environment or health departments. Year to date, shares of CNMC Goldmine are still up 120%. As at 1.55 pm, it was trading at 41 cents.
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Bigmama Elite	22-Jul-2016 21:10        Bigmama About Contact  Quote this Post!
x 0   x 0  Alert Admin	Can it close its pre-halt gap of 46 on Monday?
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Wind22i Supreme	22-Jul-2016 21:07        Wind22i About Contact  Quote this Post!
x 0   x 0  Alert Admin	2.2 mil shortsellers volume today ... All goner i guess since it rebounded strongly..
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moron101 Supreme	22-Jul-2016 21:07        moron101 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Why keep dropping? Have they found gold?
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jcbull Senior	22-Jul-2016 20:56        jcbull About Contact  Quote this Post!
x 0   x 0  Alert Admin	My take for the current development is a golden opportunity to buy at sub 40 cents. those who went in first half an hour already huat. I' m confident that this is a non event and the news of CNMC applying for 21 year concession for sokor mines and large scale opperations are positive. This is just like the time when CNMC was trading below 20 cents not long ago. Well, this morning, I loaded max. Waiting for the next annoucement..hopefully, next week.What happen if it annouces lifting of temporary closure...It went down from 50 cents..Won' t it go back to 50 cents at least? Thanks to the panic sellers.
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Wind22i Supreme	22-Jul-2016 20:43        Wind22i About Contact  Quote this Post!
x 0   x 0  Alert Admin	Well it rebounded strongly..i guess not all doom as some predicted .. Shortist are dead today
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dragonboy76 Master	22-Jul-2016 19:53        dragonboy76 About Contact  Quote this Post!
x 0   x 0  Alert Admin	See below for info. Take it as positive development SINGAPORE (July 22): Shares in CNMC Goldmine Holdings plunged nearly 12% on Friday after the group made an after-market announcement on Thursday that it had received a temporary stop-work order from a Kelantan government agency. In the past month, shares in CNMC Goldmine have been climbing steadily. On July 17, the stock peaked at 61 cents in tandem with a rally in gold prices driven by concerns over the impact of the UK?s withdrawal from the European Union on the global economy. Since then, the stock has corrected but appeared to show more weakness in the days before the company called a trading halt on Tuesday. Company officials say that they requested the trading halt as soon as they were able to confirm the stop-work order had been issued. CEO Chris Lim tells thedgemarkets.com he only knew about the stop-work order at noon on Tuesday while he was on his way to catch a flight back to Singapore from Kuala Lumpur. He was in Kuala Lumpur to attend a meeting with officials of Pulai Mining and the Kelantan State Economic Development Corp (KSEDC), which is a partner in CNMC Goldmine?s 81%-held operating subsidiary, CNMN Mining Group. CNMC Goldmine announced on June 28 that it had signed a letter of intent to acquire a 51% stake in Pulai Mining which holds a gold exploration and mining concession in Kelantan. ?I left the meeting early. At 12, I received a call from the KSEDC?s chairman asking if I had received a stop-work letter from (the Kelantan State Land and Mines Office),? says Lim. ?I said no and immediately told my staff in Kelantan to check.? It turned out that the Kelantan State Lands and Mines Office was in the process of sending the company a letter requesting it to stop operations temporarily at its gold mine in Sokor, Lim says. As soon as a translation of the letter in English was sighted and after discussions with its sponsors, PrimePartners Corporate Finance, the company announced the trading halt at 2.20 pm, he says. The next day, company chairman Lin Xiang Xiong, who is also Lim?s father, flew to Kota Bharu to find out why the stop-work order was issued. The stop-work order is in relation to the company?s application for large scale operation status, which will allow it to mine unlimited amounts of ores in its concession. Company officials say that they will be meeting officials from the state land and mines office soon to help them in their review of whether CNMC Goldmine meets requirements to be granted large scale operation status. The company had applied to upgrade its operation scale as part of its bid to extend its concession life which expires in 2018 by 21 years. CNMC Goldmine currently has the capacity to process one million tonnes of ores a year. Company officials must have been relieved that the stop-work order came from the land and mines office which issues exploration and mining licenses and not from the environment or health departments. Year to date, shares of CNMC Goldmine are still up 120%. As at 1.55 pm, it was trading at 41 cents.
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Newbie2223 Member	22-Jul-2016 18:39        Newbie2223 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Let' s see if you are right. lol Luckystrike      ( Date: 22-Jul-2016 18:03) Posted: If still stops work, shortlist will prevail. May be 30.
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Luckystrike Veteran	22-Jul-2016 18:03        Luckystrike About Contact  Quote this Post!
x 0   x 0  Alert Admin	If still stops work, shortlist will prevail. May be 30.
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alto26 Senior	22-Jul-2016 18:01        alto26 About Contact  Quote this Post!
x 0   x 0  Alert Admin	.55.nx week.. back to 40 likely.
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Newbie2223 Member	22-Jul-2016 17:24        Newbie2223 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Next week TP - $0.55. Gd luck to all.
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polarinda Master	22-Jul-2016 16:43        polarinda About Contact  Quote this Post!
x 0   x 0  Alert Admin	or just set your trailing cut loss...to lock in profit as it climbs(unknown though) polarinda      ( Date: 22-Jul-2016 16:41) Posted: i would! but dunno abt u march74      ( Date: 22-Jul-2016 16:39) Posted: --- Post Removed by User ---
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polarinda Master	22-Jul-2016 16:41        polarinda About Contact  Quote this Post!
x 0   x 0  Alert Admin	i would! but dunno abt u march74      ( Date: 22-Jul-2016 16:39) Posted: --- Post Removed by User ---
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dragonboy76 Master	22-Jul-2016 16:40        dragonboy76 About Contact  Quote this Post!
x 1   x 0  Alert Admin	if at this time, it goes uptrend towards end of the day, then something must be brewing and likelihood (no guarantee) it will continue to rise next week. if you sell now, you make less, but that is guaranteed profit. up to your own decision... march74      ( Date: 22-Jul-2016 16:34) Posted: --- Post Removed by User ---
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investor7 Senior	22-Jul-2016 16:38        investor7 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yes, shortists hv helped to propel this speedy recovery as they shorted this morning and seeing the strength of the buying up, they hv to cover at higher prices. Reached 44.5 cts is an achievement, crossed the 43 mark wh was the lowest point b4 the halt, strong volume too, almost 60 million. Caution though, this recovery may cool off again, unless next week the official announcement that cnmc hs been granted the unlimited mining approval. Cheers to all, and hv a great weekend.
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