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CNMC Goldmine
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Goldminer
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prophetjul
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21-Apr-2025 11:56
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With gold standard means revaluing of gold. Maybe in our pipedream we will see US adjust from $44 to $10k.  LOL
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easywin
Supreme |
21-Apr-2025 11:01
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Hope BBs makan more for retailers to earn some easy money as life is getting tough nowadays
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Catrade
Master |
21-Apr-2025 10:52
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Gold is unstoppable, another ATH US$3,383/oz. Something is coming, perhaps Gold standard ....
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prophetjul
Veteran |
21-Apr-2025 09:55
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Another ATH at $3,378    | ||||
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easywin
Supreme |
21-Apr-2025 09:46
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Can buy for easy money from BBs | ||||
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Catrade
Master |
21-Apr-2025 09:08
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Gold price  is likely to increase in the three months from the current level, according to predictions made by Citi Research. Citi Research has raised its  gold rate  target for the next three months to $3,500 per ounce from $3,200, driven by fresh gold buying from Chinese insurers and safe-haven flows amid tariff risks and market weakness. " We think gold is likely to be in an extremely rare physical deficit at present, meaning prices need to rise in order to get stockholders to sell to clear the market," analysts at Citi said in a note. China' s recent move to let 10 insurers allocate up to 1 per cent of their total assets to gold could generate annual demand of around 255 tonnes, equal to roughly a quarter of total global central bank buying, Citi said. |
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Catrade
Master |
21-Apr-2025 08:56
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Spot Gold broke another historic record again, we can expect CNMC to break 50c very very soon! Hopefully today ...  | ||||
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papayaface
Supreme |
21-Apr-2025 08:41
Yells: "This is the best time to enter....when everythings uncertain" |
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Now is already 3,376. Why so hot ?? | ||||
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SmallSmall
Supreme |
21-Apr-2025 08:17
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Good futures up 1.24% to 3,368 +US$40 | ||||
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Joelton
Supreme |
17-Apr-2025 13:10
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CNMC Goldmine shares spike 7% as gold hits record high
The company operates a 10 sq km gold field in the Malaysian state of Kelantan
 
[SINGAPORE] Shares of CNMC Goldmine : 5TP +8.24% spiked more than 7 per cent on Wednesday (Apr 16) morning, as spot gold climbed to a record high.
 
As at 9.45 am, the counter was trading at S$0.455, up S$0.03 or 7.1 per cent, with about 3.9 million shares changing hands.
 
On Wednesday, spot gold prices touched a record high of above US$3,275 per ounce, Bloomberg data indicated.
 
Gold prices have been rising as global investors turn to safe-haven assets amid economic uncertainty, as US President Donald Trump&rsquo s tariff plans wreak havoc on equities markets worldwide. The precious metal, traditionally favoured during volatility and low interest rate environments, has already hit multiple record highs this year.
 
Singapore-listed CNMC operates a gold field spanning some 10 square kilometres in the Malaysian state of Kelantan.
 
Over the past two years, CNMC has reported a steep rise in revenue and earnings, fuelled by capacity expansion and firm metals prices. Last Friday, the company announced a RM9 million (S$2.7 million) expansion programme at its carbon-in-leach (CIL) facility. This added 300 tonnes per day of ore-processing capacity to the CIL facility, which previously had a capacity of 500 tonnes a day.
 
CNMC said earlier that the increased capacity will provide it with greater operational flexibility, as the new 300-tonne-per-day processing line can continue running while the older 500-tonne-per-day line undergoes periodic maintenance and repairs, and vice versa.
 
The enlarged CIL facility is expected to support an increased extraction of higher-grade gold ores once the company completes a new underground mine later this year.
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Catrade
Master |
17-Apr-2025 11:05
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Looking at the volume being sold down, it' s not from ordinary retailers. BB is flushing out weak holders   so that they can accumulate more n cheaper, knowing this is the only gold mine in SGX with limited float shares. By now many investors know that Gold is the only safe n secure asset in this major trade war n tariff. I still believe today CNMC could break 50c if gold breaks another historic record!  | ||||
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Andrew123
Master |
17-Apr-2025 09:49
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Squeezing out weak hand now?
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Dannkh
Veteran |
17-Apr-2025 09:39
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CNMC has increased mining by abt 60% thru increase efficiency.With gold price now hovers above US$3000/oz, estimated eps should be around 5c. CNMC's price should be around 60c based on 12x pe. My layman calculation. Buy on dip? DYODD. | ||||
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Andrew123
Master |
17-Apr-2025 09:17
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Be patient.....let it clear the 4 series......waiting 5 or 6 | ||||
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Catrade
Master |
17-Apr-2025 08:31
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CNMC gold mine rise is natural n unstoppable at this rate of insane historical record breaking for the last many months. Let see CNMC breaking the 50c mark today before the Good Friday!
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Catrade
Master |
17-Apr-2025 08:20
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Gold Surges on China's Economic Data Release
By ZeroHedge - Apr 16, 2025, 9:00 AM CDT China's latest economic data, including GDP growth and retail sales, has exceeded expectations, despite concerns about potential impacts from US tariffs. Beijing is focusing on boosting domestic demand through stimulus measures to sustain economic growth amidst external pressures. Analysts express caution about the future of China's economy, particularly with the escalation of trade tensions and the potential for US tariffs to significantly impact exports. Gold Ahead of tonight's grand unveiling of what Beijing wants the world to think about its economy, the market was active with Gold soaring at the China open for the third day in a row...O |
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prophetjul
Veteran |
17-Apr-2025 08:19
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Gold at ATH of $3,359. WOW! $112 rise yesterday was the highest single day rise in my 25 years of gold investment! WOW! | ||||
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Eagle88
Supreme |
16-Apr-2025 16:45
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Signs of gold price going to hit the peak and take a break. 1. Every one including your maid also ask you to buy gold for safe keeping !!! 2. Grab drivers also ask you to buy gold !!!  3. Trump suddenly gives up on Tariffs !!!
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Eagle88
Supreme |
16-Apr-2025 16:31
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Shout to buy more or shout to sell ??? LOL
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Dannkh
Veteran |
16-Apr-2025 16:23
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Spot gold now US$3310. Next target is $3500. Maybe Japan & China are selling US tbill to buy gold..... | ||||
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