Latest Forum Topics /
CNMC Goldmine
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Goldminer
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dragonboy76
Master |
10-Nov-2016 09:08
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low production rate last Q becuase of stop work order. coming Q4 reporting will be much better than Q3. price-wise we cannot control, but don' t paint a misled picture. 
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dragonboy76
Master |
10-Nov-2016 09:05
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you cannot assess NAV for mining stock. they need to mine and sell the ore to make profit. if they keep all the gold unmine, where do the profit comes from?  moreover, their NAV will rise significantly in Jan 2017 once the Pulai mine is officially incorporated under their portfolio
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Laoliu
Veteran |
10-Nov-2016 08:56
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Gap down occur, does' nt look good..may break below 0.500 level. |
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Eagle88
Supreme |
10-Nov-2016 08:42
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Trump is not proven in politic yet...anything he say later will affect the market...there' re lots of uncertainties around the world...its not just US President, but lots of other issues unresolved....AFTA, TPP etc...other Brexit in EU.....we shall see... |
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viromics
Senior |
10-Nov-2016 08:26
Yells: "If I am thinking buying, it is an opportunity to sell" |
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Consider its net value is only about 10.3 cents of USD, around 0.15 SGD, plus its low production rate in the last quarter. It may not be realistic to expect it will go much higher. It will come down below 50cents |
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n3wbie
Elite |
10-Nov-2016 08:15
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The merits of the company is presently shadowed by the overarching macroeconomic conditions whereby they are seen as a proxy to gold play in a situation where the market is risk-off such as yesterday. With the US market recovering instantly and strongly, investors may be back to a risk-on mode and go for equities of which, there are better options to put their money in. The impact and contribution from the pulai mine exploration will as correctly indicated by dragonboy, be a catalyst for this next year.  |
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flyersummer
Senior |
10-Nov-2016 08:12
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Gold Is back to earth | ||||
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dragonboy76
Master |
10-Nov-2016 07:45
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Time and again, those so called analyst or economist have been proven very wrong or maybe they purposely paint a wrong picture to the public. Seems that this time round, the market recover almost instantly as of this time. But even if stuck here, my personal opinion is just ignore all 'noise' and let dec pass through. During this period gold can still swing. Come to jan next year, this counter has the potential to surge once they announce and start exploraion on pulai mine. This is pretty much a done deal already. I don't think they can pass 0.61 thus year. But next year, it should have the 'strength' to hit 70+. Dyodd
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dragonboy76
Master |
10-Nov-2016 06:35
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That is why don't keep shouting when price is going up. Understandable reaction but nobody knows what will happen the next moment. Just like price itself do the talking. More and more ppl get stuck now | ||||
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jazzzkk
Senior |
09-Nov-2016 23:06
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Luckily no buy today. Tmr drop back again. Today buy one stuck again | ||||
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anchorvale
Senior |
09-Nov-2016 22:50
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gold dropping a bit. the volatilty is really hard to underatand. | ||||
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zandlery
Supreme |
09-Nov-2016 22:41
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I think this stock might rally for a while as investor still need to earn profit and now in short term Gold and gold related stock are safe haven for them....
When most of us start to digest the fact.......then other stock and market will rebound. |
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zandlery
Supreme |
09-Nov-2016 22:38
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Maybe people watch too much movies because all those president in those movie are portray as big shot and calling the shot all the time....haha
In the end Trump still require fellow supporter from the republican to stay afloat la........ This is not monarchy.....
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destinykraze
Elite |
09-Nov-2016 22:28
Yells: "Reality is only a matter of perception" |
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Dude, do you have hundreds/thousands of followers like he has? or you manage funds over 10 millions?
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sh0rthere
Senior |
09-Nov-2016 21:53
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Lol if he really do that, i can assure you...he won't be alive to do that...hahaha....you seriously think too highly of the power of a us president... a president is just a cover the real power lies with the senate..
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anchorvale
Senior |
09-Nov-2016 21:45
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mr wind22 has started a thread on gold counters. power siah. | ||||
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dragonboy76
Master |
09-Nov-2016 20:37
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Think the word 'pump up' is inappropriate. Should be 'buy in' instead. He is an opportunist.
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sh0rthere
Senior |
09-Nov-2016 20:24
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He is a BB? LOL
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FreedomAngelz
Veteran |
09-Nov-2016 19:01
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If Gold price were to resume upward trend towards $1350 tommorrow, can continue to accumulate CNMC |
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dragonboy76
Master |
09-Nov-2016 18:49
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Can't believe too much. He can say whatever he like. Moreover he said he focus on timing, not TA or fundamental. So he is just punting for contra. Doesn't mean price cannot go higher. He is not god of trader. Lol. The GOT now disappear liao. Maybe to night you can see his posting again.
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