Latest Forum Topics /
CNMC Goldmine
Last:1.18
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Cruising with the ship ..Yangzijiang
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treetops
Elite |
19-Sep-2025 10:39
Yells: "Moments Today, Memories Tomorrow!" |
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Gold player coming back | ||||
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muifan
Supreme |
19-Sep-2025 10:28
Yells: "Take the leap of faith dont regret 20 years later!" |
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yeap....if the price go above 95c the contra players will be back again :)
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Klein_Yeoman
Senior |
19-Sep-2025 10:24
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Seems contra players cleared all their unpaid stocks? 👍 | ||||
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Andrew123
Master |
19-Sep-2025 10:03
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Too high gold price also not good for retails.....lesser buying
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wehuattogether88
Supreme |
18-Sep-2025 16:25
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Gold price might rebounce any time.
CNMC selling is actually over done, watching |
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tccroy
Elite |
18-Sep-2025 15:39
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Do not re enter now, heavy selling now
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hmphie
Veteran |
18-Sep-2025 15:38
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Who here sold? :(
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muifan
Supreme |
18-Sep-2025 15:13
Yells: "Take the leap of faith dont regret 20 years later!" |
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Brutal selling last few days about 30mil vol done, Now precious metals staging come back, hope selling is done ... |
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treetops
Elite |
18-Sep-2025 14:21
Yells: "Moments Today, Memories Tomorrow!" |
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Correction take place. Gold price drop should be temporary. | ||||
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ozone2002
Supreme |
18-Sep-2025 11:18
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Last:0.91        -0.015rate cut last night, funds moved to crypto and stock instead of gold and precious metals good for a breather b4 the resumption of the uptrend great time for accumulation for gold |
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Tracer63
Elite |
18-Sep-2025 10:57
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Gold price surging again | ||||
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tccroy
Elite |
18-Sep-2025 10:33
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Need to know the retracement point before adding it
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wehuattogether88
Supreme |
18-Sep-2025 10:28
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That is interesting.
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stlimst
Master |
18-Sep-2025 10:10
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It is the BBs manipulating the share price. When they are done dumping and start ramping up, this one will cross $1.
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Klein_Yeoman
Senior |
18-Sep-2025 10:03
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You are right. Got money can add!!
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muifan
Supreme |
18-Sep-2025 09:07
Yells: "Take the leap of faith dont regret 20 years later!" |
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Now just have to ?lun? and let retail stop loss, then it will fly above perfect storm to $1.29 , just like golden energy :p
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Catrade
Master |
18-Sep-2025 09:02
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Deutsche Bank sees gold at US$4,000 next year on Fed cuts, China.  The bank expects the US central bank to cut rates three times by the end of this year [MELBOURNE] Deutsche Bank expects gold to average US$4,000 an ounce in 2026, as US Federal Reserve rate cuts and buying by China&rsquo s central bank ensure that bullion extends its record-breaking rally. The new forecast for 2026, up from the bank&rsquo s previous estimate of US$3,700, is consistent with rising support levels for gold, with fair value models suggesting that prices have room to run when accounting for excess demand from central banks, Deutsche Bank precious metals analyst Michael Hsueh said in a note on Wednesday (Sep 17). &ldquo We expect that gold&rsquo s premium to these models will persist,&rdquo he wrote, adding central bank purchases could reach 900 tonnes next year, with much of that set to take place in China. &ldquo Further upside is more likely than a correction down to financial fair value.&rdquo Gold rose to an all-time high above US$3,700 an ounce earlier this week as investors bet on a Fed rate reduction ahead of the central bank&rsquo s policy meeting later on Wednesday. Deutsche Bank expects the US central bank to cut rates three times by the end of this year. The precious metal has gained about 40 per cent so far this year, and recently surpassed its inflation-adjusted peak reached from 1980, as persistent economic and geopolitical uncertainties have fanned haven demand.  Among the risks on investors&rsquo radar, US President Donald Trump&rsquo s repeated attacks on the Fed have become a source of anxiety in recent weeks. Trump&rsquo s recent attempt to fire Fed governor Lisa Cook and his repeated criticism of chair Jerome Powell and other policymakers for not cutting rates fast enough has reinforced bets on a more dovish monetary policy. That, in theory, should support gold, which does not pay interest. The gold-bullish risk is clear from the potential for a loss of Fed independence,&rdquo wrote Hsueh, adding that Deutsche Bank&rsquo s latest forecast did not factor in such a scenario as central bank decision-making has not yet clearly diverged from policy orthodoxy.  However, looming changes to the composition of the Federal Open Market Committee creates, &ldquo uncertainty over how this will affect the Fed&rsquo s reaction function next year&rdquo , he said. Goldman Sachs said earlier this month that gold could rally to almost US$5,000 an ounce if the Fed&rsquo s independence were damaged and investors shifted just a small portion of holdings from Treasuries into bullion. Deutsche Bank economists expect the US central bank to hold rates steady in 2026, following three reductions this year. While that presents a bearish skew for non-yielding gold, there is now a &ldquo finer balance&rdquo in the US jobs market as Trump&rsquo s immigration policy has tightened labour supply growth, which could reinforce the case for further easing at a later point. Hsueh also raised the bank&rsquo s average 2026 price target for silver to US$45 an ounce, up from US$40 an ounce, as the metal heads into its fifth consecutive year of physical deficits. BLOOMBERG   |
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Catrade
Master |
17-Sep-2025 13:50
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👍
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wehuattogether88
Supreme |
17-Sep-2025 13:34
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I believe CNMC is still cheap compared with peers of other countries. Just that it is a good chance to accumulate more when its share price weakened. But weakness is an opportunity to buy more. Just my thoughts. | ||||
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prophetjul
Master |
17-Sep-2025 13:26
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Not sure what SAC was referrong to as the 51 stocks. i suspect those are global majors. P/E is not the only indicator for gold miners. They are producing a finite product and is highly dependant of its' proven reserves in the ground. The majors can command higher P/Es due to their proven reserves and therfore mine life. As for CNMC, it is still cheap relatively as i would place a max P/E of 15 as it is a very small junior miner with only a production of 32,000 ounces gold equivalent per year.  Presently, it' s P/E is approx 10. i have not really studied its proven resrves and mine life closely. I invested last year in CNMC as its financials were very compelling with low P/E, 0 debt, high cash reserves of USD32milllion. And its processing CIL unit was going to increase by 60%. AND of course, being a gold bug, i knew gold price would rise higher as the FEDs cut. What' s not to like?  |
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