Latest Forum Topics /
CNMC Goldmine
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Goldminer
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moneyspinner
Veteran |
29-Aug-2016 13:16
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USD now going thru the roof   - now @ S$1.3608.   Interest rate hike coming........ GOLD will drop as the USD strengthens.......... |
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dragonboy76
Master |
29-Aug-2016 13:16
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Guys, i think it is no dispute that we all believe gold is in the bull run now currently, just that short term there is violatility. as usual, there must be consolidation at some point before the next run starts. the issue we are all talking now is whether we should keep buying at this current price or wait till there is a better entry point, that' s all. No one is saying this counter will crash, We are believe this counter will be rising high, only when will this happen.  different ppl different holding power and comfortability at holding shares. i personally do not want to go against market trend and prefer to wait till a better timing to enter again.    it is just part of risk assessment.
i like this counter as it is good, but i won' t die die hold on to it without letting it go for a while. 1 pips drop = $1k drop for me. i have already sold at 0.57 and waiting for a better timing to invest this counter again.  |
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muifan
Supreme |
29-Aug-2016 13:06
Yells: "Take the leap of faith dont regret 20 years later!" |
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wow you havent use your war chest.. but keep posting $1 target when price above 575c wor...haha
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Eagle88
Supreme |
29-Aug-2016 13:02
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this is called herds instinct...follow the leader...
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Eagle88
Supreme |
29-Aug-2016 13:00
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else how to get cheap shares and money transferred from those who cant hold long2...
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FreedomAngelz
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29-Aug-2016 12:59
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Waiting for it to hit the 0.5-0.15 range......can scoopt up 20-30 lot for long term keeping
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Eagle88
Supreme |
29-Aug-2016 12:58
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still above 1300 and people start shouting keep dropping...lol...thank you for bringing down the price for cheap picking...i got chance to use my war chest liao...lol...
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Eagle88
Supreme |
29-Aug-2016 12:53
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you said gold possible to hit 1000 in 2017 and 4000 to 5000 in few years time...so gold will shot up 3k to 4k in less than 2 to 3 years from 2017...what happened then? world war 3?
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rayyeo
Senior |
29-Aug-2016 12:52
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When things are cheap, ppl wants it cheaper, so don' t dare to even buy.  Wait til it trends up, get expensive, then ppl rush in to buy.  so ironic, right?  |
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appleronaldo
Veteran |
29-Aug-2016 12:50
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GOLD keep droppin..... |
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samlai
Member |
29-Aug-2016 12:50
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Why being short sighted? This counter got potential, as everyone agrees. The profit margin is increasing, despite fall in gold price, but how long do you think it will stay down? Best timing to buy up all the cheap shares and wait for TP to be realized... | ||||
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moneyspinner
Veteran |
29-Aug-2016 12:40
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Heavily dependent on the price of gold now only @ USD1,317. |
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Eagle88
Supreme |
29-Aug-2016 12:39
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you are right...that' s why this forum is good for ppl with different views to put across...giant oso might get the thing wrong sometimes...else brexit shock wont happen to them...there' re lots of fundamental change to this counter especially with pulai mining already in the bag and analysts still taking their own swee time to come out with higher TP than 82...
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smallcapper999
Senior |
29-Aug-2016 12:33
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The price of this stock is bound to fluctuate but if the fundamentals are intact, I dont see why it shouldnt go above 60 cents in the near term |
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Eagle88
Supreme |
29-Aug-2016 12:33
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can see even few years later using chart...you must be sifu of sifu...could you put the chart here for all to see...share share mah...
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HuathuatLeo
Elite |
29-Aug-2016 12:27
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But also I want to say that in time to come, gold will shoot to the roof to 4000-5000.. That time has not come. Still a few years away. hahahaha. Also chart say wan. 
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Eagle88
Supreme |
29-Aug-2016 12:24
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If i m pulai major share holders (excluding CNMC) i will use the new found wealth to buy CNMC shares so that i will lock in CNMC...lol... |
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HuathuatLeo
Elite |
29-Aug-2016 12:21
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Technical view .. Weekly/Monthly candle closing is bearish unless Gold can jump up 60 points in 2 more days. Weekly last swing low is 1310 which is 7 points away and with charts looking bad, it will not take a great effort to break it. If broken it will likely test previous swing low of 1198. Fear factor will set in for gold and if that is the case..1000 may be possible.  Monhtly last swing low is 1198-1200. Rail road track forming to run to 1000 on monthly chart.Chart say wan. hahaha
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audiencetan
Member |
29-Aug-2016 12:19
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Fundamentals of gold is really strong now given with what is happening in the world monetary systems today. I am working in the gold sector and believe me a not, I can say that the trend of high net worth individuals stocking up on gold is evidently high and some big names are coming into it as well.. If you are going to let the moment of sudden drop affect you, then I would say this stock is not for you but for gold believers, please get all you can for this. :) |
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muifan
Supreme |
29-Aug-2016 12:18
Yells: "Take the leap of faith dont regret 20 years later!" |
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sometimes is good to see the other side of the coin... ringgit already react liao..... goldman also up bets on rate hikes in september.. no fundamental change to the counter... but definitely sentiment change already.. charts dont lie....  
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  it is just part of risk assessment.