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SaltyCake Senior	12-May-2016 16:29        SaltyCake About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	Accumulation still on-going while the trend set for a slight adjustment after being in over-sold region for quite a period of time. Good to see that price is still sticking around the region. Looking forward to Q2 result, since gold price rose to a higher price range near march onwards, and given the fact that their new vat is now opened. We could see a significant increment again next Qtr.
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paul1688 Veteran	12-May-2016 10:09        paul1688 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yup. Well summed up in layman terms. NoMoney      ( Date: 12-May-2016 09:28) Posted: hope so. and i hope these mining coy listed in sgx does not follow the footstep of MeowMeowGold(LionGold still kana trap) from $1.xx become $0.003 Extra information GOLD Mining company = Investing in the company itself (Not wrong as could see higher in gold price so should have better net profit but might take 6 mth to 1 yr to see effect) GOLD ETF = Investing in " Paper Gold" (Up means UP   / Down Means Down)  Physical Gold/SIlver just long no wrong as they are still an asset  paul1688      ( Date: 12-May-2016 09:00) Posted: You are not wrong in your statements. Questions are why we invest in the stock choices we make. Price alone is not a measure of value or cheap. Gold ETF is non yielding but I buy as I am very long on gold price. I buy CNMC as with any company - on its financial potential. I no longer invest in falling knives however cheap the price looks compared with history. I buy rising tide stocks with clear earnings path and I do not care what the historical low prices used to be when earnings and operations visibility are unclear. For this reason Anchor is not my target choice (yet). If one punts Anchor will follow CNMC path (losses to earnings with increasing reserves and production, then yes, it could be an early mover play now. I prefer to see earnings report that are bullish before buying. All the best to your holdings.
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NoMoney Master	12-May-2016 09:28        NoMoney About Contact  Quote this Post!
x 0   x 0  Alert Admin	hope so. and i hope these mining coy listed in sgx does not follow the footstep of MeowMeowGold(LionGold still kana trap) from $1.xx become $0.003 Extra information GOLD Mining company = Investing in the company itself (Not wrong as could see higher in gold price so should have better net profit but might take 6 mth to 1 yr to see effect) GOLD ETF = Investing in " Paper Gold" (Up means UP   / Down Means Down)  Physical Gold/SIlver just long no wrong as they are still an asset  paul1688      ( Date: 12-May-2016 09:00) Posted: You are not wrong in your statements. Questions are why we invest in the stock choices we make. Price alone is not a measure of value or cheap. Gold ETF is non yielding but I buy as I am very long on gold price. I buy CNMC as with any company - on its financial potential. I no longer invest in falling knives however cheap the price looks compared with history. I buy rising tide stocks with clear earnings path and I do not care what the historical low prices used to be when earnings and operations visibility are unclear. For this reason Anchor is not my target choice (yet). If one punts Anchor will follow CNMC path (losses to earnings with increasing reserves and production, then yes, it could be an early mover play now. I prefer to see earnings report that are bullish before buying. All the best to your holdings. NoMoney      ( Date: 12-May-2016 08:24) Posted: when price is at 17.5 noone buying.. when prices is 27.5 everyone keeps saying buy buy....  Just becareful. many might have bought at low and waiting to sell to you. Must undersand difference between GOLD ETF and Gold Mining Company For me i got a few GOLD ETF and anchor resource(@ ~50% discount range) and split the basket. DYODD
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paul1688 Veteran	12-May-2016 09:00        paul1688 About Contact  Quote this Post!
x 0   x 0  Alert Admin	You are not wrong in your statements. Questions are why we invest in the stock choices we make. Price alone is not a measure of value or cheap. Gold ETF is non yielding but I buy as I am very long on gold price. I buy CNMC as with any company - on its financial potential. I no longer invest in falling knives however cheap the price looks compared with history. I buy rising tide stocks with clear earnings path and I do not care what the historical low prices used to be when earnings and operations visibility are unclear. For this reason Anchor is not my target choice (yet). If one punts Anchor will follow CNMC path (losses to earnings with increasing reserves and production, then yes, it could be an early mover play now. I prefer to see earnings report that are bullish before buying. All the best to your holdings. NoMoney      ( Date: 12-May-2016 08:24) Posted: when price is at 17.5 noone buying.. when prices is 27.5 everyone keeps saying buy buy....  Just becareful. many might have bought at low and waiting to sell to you. Must undersand difference between GOLD ETF and Gold Mining Company For me i got a few GOLD ETF and anchor resource(@ ~50% discount range) and split the basket. DYODD
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NoMoney Master	12-May-2016 08:24        NoMoney About Contact  Quote this Post!
x 0   x 0  Alert Admin	when price is at 17.5 noone buying.. when prices is 27.5 everyone keeps saying buy buy....  Just becareful. many might have bought at low and waiting to sell to you. Must undersand difference between GOLD ETF and Gold Mining Company For me i got a few GOLD ETF and anchor resource(@ ~50% discount range) and split the basket. DYODD
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SaltyCake Senior	11-May-2016 23:46        SaltyCake About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	Managed to buy quite a bit at different prices from 0.275-0.305. paul1688      ( Date: 11-May-2016 20:26) Posted: Bought some at 28.5. Hope to rejuggle portfolio to sell some other equities and move funds into this (and GLD). For selfish reason, kind of hope price stays lowish for a while more. Disclaimer. Vested. My bullish view. Pls DYODD. No guarantee on price gains.
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paul1688 Veteran	11-May-2016 20:26        paul1688 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Bought some at 28.5. Hope to rejuggle portfolio to sell some other equities and move funds into this (and GLD). For selfish reason, kind of hope price stays lowish for a while more. Disclaimer. Vested. My bullish view. Pls DYODD. No guarantee on price gains.
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SaltyCake Senior	11-May-2016 18:33        SaltyCake About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	will have to see the movement the next few days/weeks ahead halleluyah      ( Date: 11-May-2016 15:44) Posted: M still holding....waiting to add....gd propect...tdy gold rebounded 7.29 n will keep going higher....dyodd
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halleluyah Supreme	11-May-2016 15:44        halleluyah About Contact  Quote this Post!
x 0   x 0  Alert Admin	M still holding....waiting to add....gd propect...tdy gold rebounded 7.29 n will keep going higher....dyodd
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SaltyCake Senior	11-May-2016 14:29        SaltyCake About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	Possible bound range today will be 0.28 - 0.30. It would say it will be a clear and good indication if it closes in green today.    cupdub      ( Date: 11-May-2016 13:38) Posted: sold down, time to buy.
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cupdub Member	11-May-2016 13:38        cupdub About Contact  Quote this Post!
x 0   x 0  Alert Admin	sold down, time to buy.
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luca_brasi Member	11-May-2016 12:06        luca_brasi About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yep CNMC reports financials in USD. At today' s USD/SGD FX Cash on hand is S$35.6M.   They are also due to renew their license for exploration area of 62km2 (Current license allows them to mine in 10km2 area). Plenty of space for plantation and new minerals discovery. SaltyCake      ( Date: 11-May-2016 11:55) Posted: Furthering their profit into plantation businesses with their vast land, or even further exploration of other mines in Asia. These are all positive outlook for the companies in view of their current excess capital and cash on hand, rising to 26mil now.  Today' s drop could most probably due to XD' s effect, and we will see a better view of the share price in the next few days/weeks ahead. Especially with the fluctuation of the gold price.  luca_brasi      ( Date: 11-May-2016 10:58) Posted: Gold miner to tap other streams of opportunity http://www.straitstimes.com/business/companies-markets/gold-miner-to-tap-other-streams-of-opportunity Nice article about CNMC. With their excess working capital (Current Ratio is now > 8 ), it' s a good time to explore new growth ventures.
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SaltyCake Senior	11-May-2016 11:55        SaltyCake About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	Furthering their profit into plantation businesses with their vast land, or even further exploration of other mines in Asia. These are all positive outlook for the companies in view of their current excess capital and cash on hand, rising to 26mil now.  Today' s drop could most probably due to XD' s effect, and we will see a better view of the share price in the next few days/weeks ahead. Especially with the fluctuation of the gold price.  luca_brasi      ( Date: 11-May-2016 10:58) Posted: Gold miner to tap other streams of opportunity http://www.straitstimes.com/business/companies-markets/gold-miner-to-tap-other-streams-of-opportunity Nice article about CNMC. With their excess working capital (Current Ratio is now > 8 ), it' s a good time to explore new growth ventures.
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luca_brasi Member	11-May-2016 10:58        luca_brasi About Contact  Quote this Post!
x 0   x 0  Alert Admin	Gold miner to tap other streams of opportunity http://www.straitstimes.com/business/companies-markets/gold-miner-to-tap-other-streams-of-opportunity Nice article about CNMC. With their excess working capital (Current Ratio is now > 8 ), it' s a good time to explore new growth ventures.
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cupdub Member	11-May-2016 07:36        cupdub About Contact  Quote this Post!
x 0   x 0  Alert Admin	Will buy and keep from 0.28-0.34$.   Not vest, yet.
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paul1688 Veteran	10-May-2016 21:19        paul1688 About Contact  Quote this Post!
x 0   x 0  Alert Admin	If XD cause an immediate price down to 28 or 28.5 cents I will just pick up. If Buy is strong I will buy up from 29 if need to. If amazingly price untypically goes up on XD day from first minute of trading (don't rem many such cases) then I need to assess the Buy / Sell movements as I already owned some (sadly not enough) before deciding if I buy up or not. Anyway good luck to everybody. jcbull      ( Date: 10-May-2016 21:07) Posted: my take is that it will be a free 0.585 cent dividend. CNMC price should gap up tmr...Added some more today at 29 cents. SaltyCake      ( Date: 10-May-2016 20:45) Posted: Wonder how tomorrow it will react given the positive result but yet it is XD day
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jcbull Senior	10-May-2016 21:07        jcbull About Contact  Quote this Post!
x 0   x 0  Alert Admin	my take is that it will be a free 0.585 cent dividend. CNMC price should gap up tmr...Added some more today at 29 cents. SaltyCake      ( Date: 10-May-2016 20:45) Posted: Wonder how tomorrow it will react given the positive result but yet it is XD day  Wind22i      ( Date: 10-May-2016 19:56) Posted: Base on eps of 7 sen...and production cycle of 10 years. If we assumed PE ratio of 10x earnings.. the share is theoritically worth 70 sen.. So now at 29 sen it still looks cheap.. It shld be good to hold for a while as the peak production has not come yet.. There could be surprises to the better in the near future assuming gold price continue its climb upwards...
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SaltyCake Senior	10-May-2016 20:45        SaltyCake About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	Wonder how tomorrow it will react given the positive result but yet it is XD day  Wind22i      ( Date: 10-May-2016 19:56) Posted: Base on eps of 7 sen...and production cycle of 10 years. If we assumed PE ratio of 10x earnings.. the share is theoritically worth 70 sen.. So now at 29 sen it still looks cheap.. It shld be good to hold for a while as the peak production has not come yet.. There could be surprises to the better in the near future assuming gold price continue its climb upwards...
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Wind22i Supreme	10-May-2016 19:56        Wind22i About Contact  Quote this Post!
x 0   x 0  Alert Admin	Base on eps of 7 sen...and production cycle of 10 years. If we assumed PE ratio of 10x earnings.. the share is theoritically worth 70 sen.. So now at 29 sen it still looks cheap.. It shld be good to hold for a while as the peak production has not come yet.. There could be surprises to the better in the near future assuming gold price continue its climb upwards...
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paul1688 Veteran	10-May-2016 19:40        paul1688 About Contact  Quote this Post!
x 0   x 0  Alert Admin	My humble view - keep is a certainty. The key question though is keep for how long. Mining companies like commodity companies are subjected to the cycles of the spot prices of the metals they mine besides competitive production efficiencies and costs. I think CNMC is far sighted to focus on production cost at this stage of their company evolution. In its case being small compared to global big boys, one can argue growth should be sustainable if price of gold trends up in mini cycles. We all know general Precious Metals Analysts views on gold price forecast. If CNMC can focus on production reserves (proven new deposits), increased production volumes, continued cost management and secure distribution channel(s), my expectation is a 2 year horizon (being conservative as tied to gold price trend) for this one to be a 2 or 3 times bagger should not be a wishful dream. Of course I can be wrong so pls DYODD. Good luck to holders. Wish I went ahead to accumulate at 29 cents. Like all stocks, we should assume it is subjected to BB manipulation but fundamentals should rule. cupdub      ( Date: 10-May-2016 19:26) Posted: Just some quick calculation.... if this continues... and if gold price increases throughout the year, even minimally because they were abl to achieve this profit even when the average price is less than 1200.... we can expect a 6-7cents eps at least? makes the current price very attractive to keep?   views?
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