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Long time never see such trading volume for Blackgold.
Past 5 trading sessions all in top volume.
This Monday will be the 65 mil volume due when it surge from 0.013 to 0.021.
This Tuesday will be 70mil volume due when it opened at 0.020 and dropped to 0.017 but closed at 0.019.
Past 4 trading sessions mainly closed at 0.019.
Strong accumulation going on. One year high is 0.023. If this can breakout, it may be able to try the 2018 first high of 0.037-0.045.
2018 highest price achieved is 10.5 cent
The coming 3Q results will determine its direction if it can double or triple in current share price.
The 5 year chart shows an upward explosion is coming.
DYODD
👍 ... the coal high demand and rising price... Blackgold got good good valuable coal mine.... A too deeply undervalue.... 💪
TraderBen ( Date: 09-Oct-2021 07:17) Posted:
| The last chance for coal play. After that it?s phasing out. Hopefully orh Kim can chiong to 10 cents. |
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The last chance for coal play. After that it?s phasing out. Hopefully orh Kim can chiong to 10 cents.
Yes, that is the problem I am facing but somehow do notice that some forumer do able to do it.
Hope they can share how is it done.
 
Yes any bro here can sharing chart ? Cant copy and paste here . Super bullish chart and for sure the returns can be fantastic . 
 
colincheong ( Date: 08-Oct-2021 17:14) Posted:
What are the steps to send an image of the graph for sharing?
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What are the steps to send an image of the graph for sharing?
 
Very bullish chart builtup... Hope next week super super run...
The cheapest coal play after Geo and golden
I added more at 19.
Don?t miss the chance to double or triple your money after nov results
Geo and golden continue the coal fairy tale
Blackgold continue its accumulation 18-19 range
Once the bbs collected enough, it?s time to break down the 20/21 walls for a new high.
Cheers
Believe the current high coal demand and going up prices changes the whole situation, and more more good time on the way fir the coal companies👍
luckychiong99 ( Date: 08-Oct-2021 09:07) Posted:
Same leh. When I bought Geo one year plus ago when it false ran up and I got caught when they mentioned about the bonds issue difficulty to redeem can do partial payment eh. I got caught. But I hold until today and almost triple.
Blackgold never do well since 2017 and the high coal price is it?s final chance. I see the management is still trying to expand merger with previous deals on coal which didn?t materialise.
Apparently they have cancelled the last deal in august and also reported 2Q results in august with just $3500 usd loss instead of 600-700k loss. Hence my prediction is 3Q the third quarter is a profit of at least few hundred k closer to 700-1 mil gain in 3Q. I may be wrong but with 2Q so close to a gain if not for the finance costs which is higher due to re valuation of the loans. It would have make $600k usd gains in 2Q.
Nothing much to lose at this price range. Any good news the share price will do a real breakout finally. Collection in progress by those who do the homework
investment ( Date: 08-Oct-2021 07:23) Posted:
| I have kept this counter for years and average down |
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Same leh. When I bought Geo one year plus ago when it false ran up and I got caught when they mentioned about the bonds issue difficulty to redeem can do partial payment eh. I got caught. But I hold until today and almost triple.
Blackgold never do well since 2017 and the high coal price is it?s final chance. I see the management is still trying to expand merger with previous deals on coal which didn?t materialise.
Apparently they have cancelled the last deal in august and also reported 2Q results in august with just $3500 usd loss instead of 600-700k loss. Hence my prediction is 3Q the third quarter is a profit of at least few hundred k closer to 700-1 mil gain in 3Q. I may be wrong but with 2Q so close to a gain if not for the finance costs which is higher due to re valuation of the loans. It would have make $600k usd gains in 2Q.
Nothing much to lose at this price range. Any good news the share price will do a real breakout finally. Collection in progress by those who do the homework
investment ( Date: 08-Oct-2021 07:23) Posted:
I have kept this counter for years and average down.
luckychiong99 ( Date: 08-Oct-2021 07:19) Posted:
| Why your tone changed so fast leh? Few messages ago you said hold tight tight and stable price etc
But now you seems negative if no profits go back 12 eh? No confidence eh?
12 November we will know la if strong coal price will make it earn 3Q monies or no |
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3 days never come down super good sign
investment ( Date: 08-Oct-2021 07:25) Posted:
| Seems how many times they run up then in the end always back to the square pattern Always saw the false hope. |
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Seems how many times they run up then in the end always back to the square pattern Always saw the false hope.
I have kept this counter for years and average down.
luckychiong99 ( Date: 08-Oct-2021 07:19) Posted:
Why your tone changed so fast leh? Few messages ago you said hold tight tight and stable price etc
But now you seems negative if no profits go back 12 eh? No confidence eh?
12 November we will know la if strong coal price will make it earn 3Q monies or not
investment ( Date: 08-Oct-2021 06:17) Posted:
| If by next quarterly result and they still posted a loss then back to 0.012.Ever since they RTO they haven't post a profit until now. |
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Steady one
Buy this not for one week only. Buy for the quarters to follow.
Coal play led by Geo and Golden bullishness will continue esp winter is coming
luckychiong99 ( Date: 08-Oct-2021 07:19) Posted:
Why your tone changed so fast leh? Few messages ago you said hold tight tight and stable price etc
But now you seems negative if no profits go back 12 eh? No confidence eh?
12 November we will know la if strong coal price will make it earn 3Q monies or not
investment ( Date: 08-Oct-2021 06:17) Posted:
| If by next quarterly result and they still posted a loss then back to 0.012.Ever since they RTO they haven't post a profit until now. |
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Why your tone changed so fast leh? Few messages ago you said hold tight tight and stable price etc
But now you seems negative if no profits go back 12 eh? No confidence eh?
12 November we will know la if strong coal price will make it earn 3Q monies or not
investment ( Date: 08-Oct-2021 06:17) Posted:
| If by next quarterly result and they still posted a loss then back to 0.012.Ever since they RTO they haven't post a profit until now. |
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If by next quarterly result and they still posted a loss then back to 0.012.Ever since they RTO they haven't post a profit until now.
1Q production 26000 tonnes
2Q production 38500 tonnes
Pls take note the pricing of coal between January and June and on the Low side.
Ever since as of now, price of coal already tripled.
3Q results coming out on 12th November. Revenue should surge and profits also. Hence 3Q is the turning point for Blackgold
Market will value the share price of Blackgold as those who willing to take a bet on blackgold will load up before the 12th November 3Q results .
One month to go.
The last terminated RTO deal they wanted to raise placement at 0.06 through uob kay Hian with the deal at 0.06 issuance of shares.
The deal fell through. It may not be a bad thing. With Blackgold potentially going to make profits from now, the share price should trend up towards 0.06 and more readily to attract any potential acquisitions/mergers and placements.
Last 4 days volume price action shows that smart monies have been entering.
luckychiong99 ( Date: 07-Oct-2021 23:27) Posted:
| https://www.montelnews.com/news/1261754/indonesia-sets-october-coal-price-at-a-new-record-high |
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https://www.montelnews.com/news/1261754/indonesia-sets-october-coal-price-at-a-new-record-high
Coal price dropping