Latest Forum Topics / CNMC Goldmine Last:0.24 -0.005 | Post Reply |
Goldminer
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Eagle88
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06-Nov-2024 09:46
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Gold will break all the records as Fed is more or less confirmed to cut interest rate by at least 25 basis points !!!  For real time gold price.  https://goldprice.org/
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Eagle88
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06-Nov-2024 09:43
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Stocky901
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05-Nov-2024 17:51
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Not far away from previous high $2800 couple of days ago.. 😮 😮
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Eagle88
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05-Nov-2024 17:32
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Gold price gone up to US$2,743 !!!  | ||||
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Eagle88
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04-Nov-2024 09:47
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Total gold demand exceeds US$100 bil for the first time on record: World Gold Councilhttps://www.theedgesingapore.com/news/gold/total-gold-demand-exceeds-us100-bil-first-time-record-world-gold-council |
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Eagle88
Supreme |
04-Nov-2024 09:30
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US interest rate will be cut at least 25 basis points, USD will come down, GOLD price will go up !!! Very good sign for CNMC !!! 
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Eagle88
Supreme |
04-Nov-2024 09:25
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US Fed and rich-world peers will go ahead with rate cuts after this week&rsquo s US electionhttps://www.theedgesingapore.com/news/global-economy/us-fed-and-rich-world-peers-will-go-ahead-rate-cuts-after-weeks-us-election  |
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Eagle88
Supreme |
01-Nov-2024 16:53
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When Iran ki siau lio and then Israel also ki siau lio, the stock market also will ki siau lio for certain stocks !!! 
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Eagle88
Supreme |
01-Nov-2024 16:48
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Ask any Vietnamese that escaped from Vietname during 1970s and 1980s, what currency that they used to pay the armies to escape from Vietnam? 100% will tell you it was the gold or gold bars that they used to pay them to escape !!! So gold is the metal used for transactions when all currencies fail !!!  | ||||
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Eagle88
Supreme |
01-Nov-2024 16:44
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China really knows the value of Gold since ancient times !!! If not because of opium wars etc that Great Britain had shipped milions upon millions of gold bars back to UK, China would still have the most gold in the world after Ching Dynasty !!!  Anyway, China is now accumulating gold just like before the Ching Dynasty, as China would like to have the most gold in the world and not the most USD in the world, as USD will one day be useless papers (may be within my lifetime) as US has the most debts in the world by printing USD like high speed train !!! LOL
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ruready
Supreme |
01-Nov-2024 16:22
Yells: "Follow the micro penny , May be this is the last train" |
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Gold | ||||
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Eagle88
Supreme |
01-Nov-2024 16:12
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Iran as the BIG BROTHER to Hezbollah & Hamas & Houthis cannot lose face infront of its supporters & proxies !!! By any means, it will retaliate without considering the consequences of its actions !!! Better get ready for any such event !!! Hokkien will know the right word to use " Ki Siau Lio" !!!
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Eagle88
Supreme |
01-Nov-2024 15:51
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Iran warns of ' harsh' response to Israel attack: ReportsTEHRAN: Iran on Thursday (Oct 31) warned of a " harsh and regretful" response to  Saturday' s deadly Israeli attack on Iranian military facilities, local media reported after a series of tit-for-tat attacks by the two enemies.https://www.channelnewsasia.com/world/iran-warn-harsh-response-israel-attack-4716426 Any escalation of war in the ME will drive oil and gold price to the roof !!! Iran may take advantage of the US Presidential election if it still has the fire power to do so !!!  |
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Eagle88
Supreme |
01-Nov-2024 15:22
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Gold price again moves up today by 0.3% !!! LOL | ||||
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Eagle88
Supreme |
01-Nov-2024 14:56
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You are right, that is why the share price has not factored in the potential gold reserves in the two sites i.e. Kelgold and Pulai concessions. The two sites are identified for exploration must have its merits for CNMC to do so ie based on data, geographical and other factors that normally gold will be discovered. No point carry out exploration of any if there' s no high chance of discovering gold and enough amounts to justify for productions. Any discovery etc. of substantial gold will be a BIG CATLYST for CNMC to be at next level !!! May be will be upgraded to MAINBOARD !!!
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prophetjul
Veteran |
01-Nov-2024 14:40
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Exploration can be either the mother lode or waste of expensive expenditure. I prefer proven reserves and operating profits as it is now.
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Eagle88
Supreme |
01-Nov-2024 14:11
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For CNMC, there are 2 more goldmines that not yet being mined yet. These are great potential goldmines that can last another few decades, which depends on how CNMC wants to get the gold of these 2 goldmines !!!    CNMC Goldmine Holdings Limited' s other projects include:
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Catrade
Master |
01-Nov-2024 12:05
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👍 Good foresight!
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prophetjul
Veteran |
01-Nov-2024 11:49
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I have  held physical gold as an investment since 2002 when gold price was US$220. :) My only target was to beat FD rate of  return. LOL
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Eagle88
Supreme |
01-Nov-2024 11:29
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Very2 good move by CNMC to increase the production of gold by increasing the processing of the ore from 500 tons per day to 800 tons per day by next year !!! Increase of 60% !!! Even if dont increase the gold output by 60%, the gold output will for sure increase by 30% or more !!!  | ||||
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