Latest Forum Topics /
CNMC Goldmine
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Goldminer
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kakachi
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13-Jul-2016 11:13
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I would stay away from Lifebrandz.....lousy management team who has no experience running a mine.
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trader1970
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13-Jul-2016 10:31
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Never go below 50 today means it have to move up... Once gold price stablise and climb back up, it will rise in tandem... Just WATCH.... 55 ll be the first resistance... :) Cheers |
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trader1970
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13-Jul-2016 10:07
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When US market and global markert moves up, and Gold price decline, it is time to accumulate on the dips of these gold counters.. There is too much economic headwinds and policitical uncertainty ahead which will bring the rally back.. Just be patient and be greedy when there are fear.. :) Cheers.   |
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lglg666
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13-Jul-2016 09:17
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Profit taking is still on-going....which is to be expected and hopefully should end soon.
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blissbao
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13-Jul-2016 08:30
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Time to jeep..??? Did' nt expect the retracement to be so violent.    some 20 % in 2 days from 61 cts to 46 cts...(last week, one technical report says correction is long overdue) Unlike Best World ( 20 cts to 1.60), this counter has fundamentals and cash in their kitty.Quarterly, they have to report to you how much they dig out from the soil that glitters.These gold nuggets they will turn it into kilo bars and market place  a value to it .They will show you more gold gold bars when the Pulai Mine is up and running.. Their latest  record quarterly production figure spike the run up in the Share price. Also, Chinaman brings suitcases of cash in to punt..That explains the wide swing in this counter. Hopefully there will be some chinaman who wants a stake in this company from the recent road show.. So  comapred to Best World, a target of 0.80 cts is not impossible and may seem modest.  
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explosive2013
Master |
13-Jul-2016 08:26
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i think will stabilize at 0.50. | ||||
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treetops
Elite |
13-Jul-2016 08:01
Yells: "Moments Today, Memories Tomorrow!" |
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Lifebrandz is making a foray into the goldmining industry. This shares maybe shoot up. Now is toilet paper price.... Time to jeep...haha   |
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halleluyah
Supreme |
13-Jul-2016 00:39
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Now down 24.05...might hv further down side.... | ||||
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halleluyah
Supreme |
13-Jul-2016 00:38
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Now down 24.05...might hv further down side.... | ||||
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Wind22i
Supreme |
13-Jul-2016 00:25
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It shld rebound further as it has corrected and ready to go up further...
Do not pay too much attention into the short term gold price..
Gold still up 20% this year..and brexit impact still not over..
Uk with the new prime minister coming in ..will trigger the exit...after that the price of gold shld go higher and higher
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Redstar8730
Master |
12-Jul-2016 23:45
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Gold down 17.64 already, tomorrow go Holland again?! | ||||
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$warrior
Master |
12-Jul-2016 23:43
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Hi SososoTired  - agree on the ugly chap .... for him ego is everything and thats why he loves to make it public - of course the ultimate aim is to have more " students" come into the course - that' s where the main income is      Your take on long and short is spot on -   guess for everyone its a question of knowing how to manage your money - long and short also can make if you know how to manage and not let emotions run.....   !
   
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SososoTired
Member |
12-Jul-2016 22:14
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$warrior.. Actually, I think this ugly chap/blogger disturb too early.. and too publicly.... If he is smarter he would have waited longer.  Frankly, long BB and short BB all out to make money... Long also must exit, short also must cover.. Just don' t get ripped off by fake seemingly correct points that actually make no sense.  Take care guys. Anyway, giving up on this counter for now..  Reading the cityneon DBS reports... See whether make sense or not..  |
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$warrior
Master |
12-Jul-2016 22:08
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Yep - lets hope BB burn this fella good and through.... always goes around disturbing others....
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SososoTired
Member |
12-Jul-2016 20:54
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This I have to agree. Healthy correction... Better to drop from 60 cent to 50 cent.. than rise straight to $1 then drop to 50 cent.  I am still not convinced... but one thing for sure there will be more volatility now as the longs and shorts fight.  Wouldn' t assume the same path as Best World though.. Both counters are still very different.       
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Wind22i
Supreme |
12-Jul-2016 20:29
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Well i read from another blog which say that cnmc drop is due to being disturb by an ugly chap/blogger which earlier disturb and short the cnmc share...he has a group which disturb some counters... But now i think the BB'S have trapped all them with the sudden rebound.. Now i think the bb are ready to counter such attack.. We shall see..hehe | ||||
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halleluyah
Supreme |
12-Jul-2016 20:23
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Down 8.73 now....
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Wind22i
Supreme |
12-Jul-2016 20:00
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Its a healthy correction..
A bit too much but now i think got support again .... The ceo of cnmc sometimes he will bring a plastic with gold sample inside to meet shareholder as sample to show really got gold.....its not fake.. Although the shareprice is a bit volatile..i think long on this just like best world will be up up and away...
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Wind22i
Supreme |
12-Jul-2016 19:56
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Wind22i
Supreme |
12-Jul-2016 19:55
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Well many like soros is long on gold..
They actually collecting
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    Your take on long and short is spot on -   guess for everyone its a question of knowing how to manage your money - long and short also can make if you know how to manage and not let emotions run.....   !