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destinykraze Elite	04-Jul-2016 20:43        destinykraze About Contact  Quote this Post!   Yells: "Reality is only a matter of perception"
x 0   x 0  Alert Admin	Erm, if you say so, which makes it worse. Because price was at $0.167, 2016 Jan. That was the more recently one, whatever fundamentals that you are basing on, probably total crap (duh, how in the world did it drop to 0.167 in the first place) in 6 months. The 2011 reccession period was the best period for gold mining so far. Of course, I' m trying to compare it when it was thriving, there are no precedent, that is the closest thing you can compare. lamechops      ( Date: 04-Jul-2016 19:15) Posted: I believe back in 2011, the fundamentals of then cnmc are not as good as current and future cnmc? Share price doesn't just depend solely on gold price no? destinykraze      ( Date: 04-Jul-2016 19:07) Posted: All time high was around $0.66. That was during 2011, last recession.  If no bad news for short term, the price for gold will normalise before you know it. Do factor in that the price is now $0.49. Perhaps, still have more upside to $0.55. Dyodd. As for rising gold price. The gold price has only risen 2% for the past 1 week. Unless you are dead sure that a recession is coming, otherwise you shouldn' t expect the gold to hit $1800 or cnmc to hit $0.80.
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lamechops Member	04-Jul-2016 19:15        lamechops About Contact  Quote this Post!
x 0   x 0  Alert Admin	I believe back in 2011, the fundamentals of then cnmc are not as good as current and future cnmc? Share price doesn't just depend solely on gold price no? destinykraze      ( Date: 04-Jul-2016 19:07) Posted: All time high was around $0.66. That was during 2011, last recession.  If no bad news for short term, the price for gold will normalise before you know it. Do factor in that the price is now $0.49. Perhaps, still have more upside to $0.55. Dyodd. As for rising gold price. The gold price has only risen 2% for the past 1 week. Unless you are dead sure that a recession is coming, otherwise you shouldn' t expect the gold to hit $1800 or cnmc to hit $0.80.
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destinykraze Elite	04-Jul-2016 19:07        destinykraze About Contact  Quote this Post!   Yells: "Reality is only a matter of perception"
x 0   x 0  Alert Admin	All time high was around $0.66. That was during 2011, last recession.  If no bad news for short term, the price for gold will normalise before you know it. Do factor in that the price is now $0.49. Perhaps, still have more upside to $0.55. Dyodd. As for rising gold price. The gold price has only risen 2% for the past 1 week. Unless you are dead sure that a recession is coming, otherwise you shouldn' t expect the gold to hit $1800 or cnmc to hit $0.80.
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Wind22i Supreme	04-Jul-2016 18:26        Wind22i About Contact  Quote this Post!
x 0   x 0  Alert Admin	Gold price is gonna go up.. brexit impact..it hasnt really settle...gold now 1350 now in uptrend mode..towards 1800. Cnmc is best- as its in right place and time to capture the gold uptrend..
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FreedomAngelz Veteran	04-Jul-2016 18:18        FreedomAngelz About Contact  Quote this Post!
x 0   x 0  Alert Admin	I`m still keeping mine......still got a few more upcoming ugly events that will drive Gold price up.  luckyfa      ( Date: 04-Jul-2016 18:14) Posted: From the daily trade, observed the selloit is very well absorb....meaning lots of hungry buyers coming in while ppl sellout. Indeed, 1 day holoday coming, maybe ppl scare of overnight gold price escalate alot, thus buy first. Again with the current uncertain situation and likely to stay for long, gold will be in uptrend..... Myfundgrow      ( Date: 04-Jul-2016 17:11) Posted: Well...it had run up quite alot already...and dont forget market had not correct since after brexit. Plus this wednesday is holiday and trading on a shorter week. Anything can happen.
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luckyfa Elite	04-Jul-2016 18:14        luckyfa About Contact  Quote this Post!
x 0   x 0  Alert Admin	From the daily trade, observed the selloit is very well absorb....meaning lots of hungry buyers coming in while ppl sellout. Indeed, 1 day holoday coming, maybe ppl scare of overnight gold price escalate alot, thus buy first. Again with the current uncertain situation and likely to stay for long, gold will be in uptrend..... Myfundgrow      ( Date: 04-Jul-2016 17:11) Posted: Well...it had run up quite alot already...and dont forget market had not correct since after brexit. Plus this wednesday is holiday and trading on a shorter week. Anything can happen. blissbao      ( Date: 04-Jul-2016 16:59) Posted: Care..the retracement can be very shallow...0ne pips ..and  if u miss it you go naked without a position to ride on the uptrend...I tried this before and end up buying much higher to re-establish my long position...
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Wind22i Supreme	04-Jul-2016 18:04        Wind22i About Contact  Quote this Post!
x 0   x 0  Alert Admin	9800 oz x 750 (gold price- their all in cost) (1350 - 600) = $7.3 million usd ...or around $10million sgd profit..if annualised will be $40 mil sgd profit... not bad yeah! eps = 40/420 mil shares = 10 sen per share! If it trades at 10x PE , THE SHARE COULD WORTH $1.00 dollar ah..now only 50 sen.. Its a no brainer...
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luca_brasi Member	04-Jul-2016 17:57        luca_brasi About Contact  Quote this Post!
x 1   x 0  Alert Admin	Just announced record gold production for April - June period : CNMC PRODUCED RECORD QUARTERLY PRODUCTION OF 9,807.37 OUNCES OF FINE GOLD  http://cnmc.listedcompany.com/newsroom/20160704_173022_5TP_SC0GA4ZBW9UG9HJ1.1.pdf
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morventay Member	04-Jul-2016 17:49        morventay About Contact  Quote this Post!
x 0   x 0  Alert Admin	Anything could happen, and with the news now, it will could move up!  Myfundgrow      ( Date: 04-Jul-2016 17:11) Posted: Well...it had run up quite alot already...and dont forget market had not correct since after brexit. Plus this wednesday is holiday and trading on a shorter week. Anything can happen. blissbao      ( Date: 04-Jul-2016 16:59) Posted: Care..the retracement can be very shallow...0ne pips ..and  if u miss it you go naked without a position to ride on the uptrend...I tried this before and end up buying much higher to re-establish my long position...
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FreedomAngelz Veteran	04-Jul-2016 17:37        FreedomAngelz About Contact  Quote this Post!
x 0   x 0  Alert Admin	Source: SGX The board of directors of (the &ldquo Board&rdquo ) of CNMC Goldmine Holdings Limited (&ldquo CNMC&rdquo or the &ldquo Company&rdquo ) is pleased to report that the Company&rsquo s Sokor Gold Project has produced a record quarterly fine gold (gold bars that are refined to the purity of 99.99%) production of 9,807.37 ounces for the period ended 30 June 2016. This represents the highest production output on record for quarterly fine gold production since the start of the Company&rsquo s gold production in July 2010. As compared to the previous record of 8,510.42 ounces for the period ended 31 December 2015, this reflects an increase of approximately 15.24% My thoughts: If we use US$1250 as average price for last quarter......sales proceed should be around US$12.3, using US$490 production costs, profit for last quarter sold be around US$6.5-$7 million Tommorow will up another 8-10% with this news
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FreedomAngelz Veteran	04-Jul-2016 17:16        FreedomAngelz About Contact  Quote this Post!
x 0   x 0  Alert Admin	Still fairly undervalue at $0.5, unless Gold price start to go below $1300 else retracement won`t happen. Myfundgrow      ( Date: 04-Jul-2016 17:11) Posted: Well...it had run up quite alot already...and dont forget market had not correct since after brexit. Plus this wednesday is holiday and trading on a shorter week. Anything can happen. blissbao      ( Date: 04-Jul-2016 16:59) Posted: Care..the retracement can be very shallow...0ne pips ..and  if u miss it you go naked without a position to ride on the uptrend...I tried this before and end up buying much higher to re-establish my long position...
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Myfundgrow Member	04-Jul-2016 17:11        Myfundgrow About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Buy low sell high or Sell high than buy back when low."
x 0   x 0  Alert Admin	Well...it had run up quite alot already...and dont forget market had not correct since after brexit. Plus this wednesday is holiday and trading on a shorter week. Anything can happen. blissbao      ( Date: 04-Jul-2016 16:59) Posted: Care..the retracement can be very shallow...0ne pips ..and  if u miss it you go naked without a position to ride on the uptrend...I tried this before and end up buying much higher to re-establish my long position... Redstar8730      ( Date: 04-Jul-2016 13:26) Posted: Sold all at 485, wait for retracement to jeep again.
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FreedomAngelz Veteran	04-Jul-2016 16:59        FreedomAngelz About Contact  Quote this Post!
x 0   x 0  Alert Admin	I did a comparison with one of the gold mining company in US stock exchange and find that CNMC is still undervalue. If CNMC were to listed in Nasdaq, easily worth US$0.55 (SGD$0.74) Wind22i      ( Date: 04-Jul-2016 16:27) Posted: Actually 50 cents is still cheap.. Shld target for 60 to 80 cents.. Since gold uptrend is expected till next year..
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blissbao Member	04-Jul-2016 16:59        blissbao About Contact  Quote this Post!
x 0   x 0  Alert Admin	Care..the retracement can be very shallow...0ne pips ..and  if u miss it you go naked without a position to ride on the uptrend...I tried this before and end up buying much higher to re-establish my long position... Redstar8730      ( Date: 04-Jul-2016 13:26) Posted: Sold all at 485, wait for retracement to jeep again.
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Wind22i Supreme	04-Jul-2016 16:27        Wind22i About Contact  Quote this Post!
x 0   x 0  Alert Admin	Actually 50 cents is still cheap.. Shld target for 60 to 80 cents.. Since gold uptrend is expected till next year..
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josephyeo Elite	04-Jul-2016 16:06        josephyeo About Contact  Quote this Post! Style: Fundamental
x 0   x 0  Alert Admin	No problem SaltyCake ... go ahead and share. SaltyCake      ( Date: 04-Jul-2016 09:10) Posted: Hi joseph, is it okay for me to share this piece of information? Thanks! And thanks too for sharing it with us! josephyeo      ( Date: 04-Jul-2016 08:18) Posted: Sharing some figures ... Gold prices: 1. 2nd Jan - $1063. 30 Jan - $1117. Average for the month - $1090. 2. 1st Feb - $1183. 29 Feb - $1232. Average for the month - $1232 3. 2nd Mar - $1260. 30 Mar - $1231. Average for the month - $1245 4. 1st Apr - $1222. 29 Apr - $1292. Average for the month - $1192 5. 1st May -$1289. 31 May - $1213. Average for the month - $1251 6. 2nd June - $1244. 30 June - 1344. Average for the month - $1293 From above its clear that the price of gold has been on an uptrend for the past 6 months. In recent daysit has been trading even higher at $1300 plus. Oil peaked in 2011 at $1883 and bottom in 2015 at $1063. Currrent uptrend is a reversal from the bottom. Just sharing ... am vested and above is not an invitation or encouragement to buy and share. Note: Will add on to above posting when time permit.
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Redstar8730 Master	04-Jul-2016 13:26        Redstar8730 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Sold all at 485, wait for retracement to jeep again.
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Wind22i Supreme	04-Jul-2016 13:14        Wind22i About Contact  Quote this Post!
x 0   x 0  Alert Admin	Gold continue to be bullish...now 1346... I think cnmc can go higher than current price.. 1,346.86 +10.16 +0.76%
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kakachi Member	04-Jul-2016 10:51        kakachi About Contact  Quote this Post!
x 0   x 0  Alert Admin	gold pushing $1360! And have you guys seen Silver? Past $21!  Any silver mining plays in the local bourse?
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SaltyCake Senior	04-Jul-2016 09:10        SaltyCake About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	Hi joseph, is it okay for me to share this piece of information? Thanks! And thanks too for sharing it with us! josephyeo      ( Date: 04-Jul-2016 08:18) Posted: Sharing some figures ... Gold prices: 1. 2nd Jan - $1063. 30 Jan - $1117. Average for the month - $1090. 2. 1st Feb - $1183. 29 Feb - $1232. Average for the month - $1232 3. 2nd Mar - $1260. 30 Mar - $1231. Average for the month - $1245 4. 1st Apr - $1222. 29 Apr - $1292. Average for the month - $1192 5. 1st May -$1289. 31 May - $1213. Average for the month - $1251 6. 2nd June - $1244. 30 June - 1344. Average for the month - $1293 From above its clear that the price of gold has been on an uptrend for the past 6 months. In recent daysit has been trading even higher at $1300 plus. Oil peaked in 2011 at $1883 and bottom in 2015 at $1063. Currrent uptrend is a reversal from the bottom. Just sharing ... am vested and above is not an invitation or encouragement to buy and share. Note: Will add on to above posting when time permit.
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