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CNMC Goldmine
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Goldminer
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Charlyn
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07-Jul-2016 16:05
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Some really really good news tommorow ??? 16% up liao .... and still going
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FreedomAngelz
Veteran |
07-Jul-2016 16:03
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Today I believe is the highest gain ever in CNMC history...16% Dunno whether will tio SGX query or not.....haha |
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jpcannon
Member |
07-Jul-2016 16:02
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Consider it broke @ 0.61
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Charlyn
Veteran |
07-Jul-2016 14:03
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reckon can break 0.605 today ? Thinking of adding more @ 0.595
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$warrior
Master |
07-Jul-2016 13:59
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This run up in quite incredible....
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Redstar8730
Master |
07-Jul-2016 13:44
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Zao Tuck Fai Hou Sai Kai. :)) | ||||
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luckyfa
Elite |
07-Jul-2016 13:41
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Think it will run up much more giving the gold price, tomorrow china showcast in potential to tap into mainland fund managers. ...HUGH HUGH UPSIDE .....imo.....( best world a very good case).....
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lglg666
Supreme |
07-Jul-2016 13:39
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If it can break thru 60c and close above that level then it will be super interesting to see how high it'll run.....power!!
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spore1
Supreme |
07-Jul-2016 13:16
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Overrun Liao.
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Leo2015
Member |
07-Jul-2016 13:03
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.08c to .12c*....
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luckyfa
Elite |
07-Jul-2016 13:02
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Hopfully some fund managers already or going to load in this potential gold company...price likely up and sustainable. ...imo...... | ||||
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luckyfa
Elite |
07-Jul-2016 12:58
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Agreed. This looks like it can go into blue chip 'type' too will all good prospects in gold.
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Leo2015
Member |
07-Jul-2016 12:57
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28 - 30c seems to be the resistance level for valuemax. once it clears 30c it wd v much breakout. Wilton resources is another gold counter with a lot of upside potential. might go from 80c to 120c once it gains momentum.
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johnng
Supreme |
07-Jul-2016 12:26
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Another GOLD plays - VALUEMAX... |
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FreedomAngelz
Veteran |
07-Jul-2016 12:15
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A penny stock that gain blue chip status following.
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Integrity
Elite |
07-Jul-2016 12:10
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Better siam, up too fast no good. |
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treetops
Elite |
07-Jul-2016 12:07
Yells: "Moments Today, Memories Tomorrow!" |
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60 cents liao. Should be closing above 65 cents today. Cheer! |
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treetops
Elite |
07-Jul-2016 11:50
Yells: "Moments Today, Memories Tomorrow!" |
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Should be no $1 don' t sell...haha
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lglg666
Supreme |
07-Jul-2016 11:46
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Look like someone has decided to turn on the "turbo charge" for this gold babe ha ha
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paul1688
Veteran |
07-Jul-2016 11:06
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Numerous comments made about CNMC so probably I need not add more. Just wanted to reiterate why I moved with the bull call weeks back and this was pre Brexit.
The fiasco surrounding the world money supply situation will get worse, not better. Cheap and ill planned monetary policies driven by myopic political pressures will continue to exert instability and meaningless value to paper money. Uncertainties over socio-political situation in major developed and developing economies will hammer home the flight to any asset class that preserves real value i.e, the right equities and precious metals. There are a lot of bears and corresponding bulls in the market today even among professional analysts. I think it is fair to say no one is absolute right or wrong - we make our judgement based on what we see and read happening in the world. I am a gold bull for many reasons (which I guess I need not share since the gold bull believers have mentioned most in this or other forum or reports). To me, after the last gold and silver bear cycle in which prices dropped 40%, the new bull cycle is only in its infancy albeit nothing goes up in only a straight line so I am really not bothered by short term fluctations. Perception of right value is not an easy one to make. Taking gold for instance, if a mere 40% of US dollars are backed by gold, gold has to be at a value of $65,000 per oz by one calculation! So is $1,300 per oz overvalued? Again there are bears who believe gold is not ready for the next bull run and made calls for gold to retrace back to $1,150 per oz by end 2016. Which position is right will be a personal judgement - I take the strong bull position based on everything I am seeing today AND looking at gold and silver historical cycles which so far has been far more predictable than other assets and commodities. On CNMC, I was dismissive too at first being a junior miner in Malaysia. However the financials speak to them getting their act together hence investing in them is a risk calculated position. It is not just about gold price but their strategic moves and exploration/mining execution. Most senior miners listed in N America already went up more than 100% early in the year compared to 4Q of last year. These established miners operate on high debt, huge economies of scales where earnings drivers are tied heavily to gold price. CNMC has very low cost of production so buying today is a position on its potentially huge forward earnings. I think there is no right or wrong to trade, sell or indeed buy / accumulate CNMC even at today's price. It is tied to what we believe will happen to gold price and the mining stocks. I happen to be a strong bull. Whether we trade, short, or invest we all just want to make money so I wish everybody good luck. The current run in CNMC price is reflective of what is happening with the senior miners except its ascent is a touch faster as it comes off a much lower base position. Disclaimer : I am not a predictor of future prices so this is NOT an enticement to buy or hold to CNMC. Just sharing IMHO. DYODD with your own hard earned money. |
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