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Today is Friday... Friday mostly sell down.... Guess Brexit won't happen so fast now.....
Tommorow up another 8-10%
TARGET PRICE :~43 cents.
CNMC Goldmine Holdings (May 18: 28.5 cents)
OVERWEIGHT. CNMC delivered a strong set of results that exceeded our expectations, with Patmi growing 133% from US$1.96 million ($2.7 million) in 1QFY2015 to US$4.57 million in 1QFY2016. We remain bullish on CNMC and maintain our view that the company is high return/low risk, as it continues to benefit from higher output, higher selling prices and low costs. Our forecasts and valuation remain unchanged except for a slight revision to account for the appreciation of the US dollar against the Singapore dollar from 1.35 to 1.37 during the same period. This variance pushed our valuation higher by 0.5 cent to 43 cents. Our valuation implies a 62.3% upside compared with 97.7% in our last update. ? NRA Capital (May 16)
CNMC Goldmine Holdings (May 18: 28.5 cents)
OVERWEIGHT. CNMC delivered a strong set of results that exceeded our expectations, with Patmi growing 133% from US$1.96 million ($2.7 million) in 1QFY2015 to US$4.57 million in 1QFY2016. We remain bullish on CNMC and maintain our view that the company is high return/low risk, as it continues to benefit from higher output, higher selling prices and low costs. Our forecasts and valuation remain unchanged except for a slight revision to account for the appreciation of the US dollar against the Singapore dollar from 1.35 to 1.37 during the same period. This variance pushed our valuation higher by 0.5 cent to 43 cents. Our valuation implies a 62.3% upside compared with 97.7% in our last update. ? NRA Capital (May 16)
Usd 1314 now gold price bullish...
Cnmc is sitting on gold mine..
Its best to hold for few months to see maximum returns
Cnmc is sitting on gold mine..
Its best to hold for few months to see maximum returns
GOLD chiong ah...chiong ah
Fast as it is, it is already Friday. Wonder if there will be alot of profit taking.
Nonetheless, profit taking can already been seen today with contra closing
FreedomAngelz ( Date: 16-Jun-2016 16:52) Posted:
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I don`t think so....shorting will be at the strongest once UK vote to remain in EU
SaltyCake ( Date: 16-Jun-2016 16:51) Posted:
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I wonder if there' s any shorting
FreedomAngelz ( Date: 16-Jun-2016 16:49) Posted:
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Almost 11 million shares bought from 0.33-0.35 today.........record i think.
Congrats to all who have accumulated since 20c and 26-29c and those who managed to hop on!
SaltyCake ( Date: 16-Jun-2016 16:37) Posted:
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Cnmc owner a white hair professor and sons use cheap method to extract gold..
So their cost very low...
Just follow this white hair professor and sons- buy
The mine is there at kelantan..so u can be assured its not a conjob like liongold..
This is the real deal..
Catch it while still hot!
So their cost very low...
Just follow this white hair professor and sons- buy
The mine is there at kelantan..so u can be assured its not a conjob like liongold..
This is the real deal..
Catch it while still hot!
A classic example where demand overwhelm supply....
this is the best stock to buy today.
https://www.thestreet.com/story/13607682/1/george-soros-is-betting-on-gold-and-against-the-u-s-economy.html
We have arrived at the next destination of 355-395 👏 😭
SaltyCake ( Date: 16-Jun-2016 16:29) Posted:
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You follow george soros long on gold - you cant be wrong...
He is a legend and not a fool..
So...good luck !
He is a legend and not a fool..
So...good luck !
This is the best stock to buy for next 3-6 months as gold continue to climb...
Even legendary ppl like george soros buying gold companies like barrick gold..
Here cnmc is consider a slow moving tortoise compare to the overseas gold mining companies listed in dow or nasdaq..
Even legendary ppl like george soros buying gold companies like barrick gold..
Here cnmc is consider a slow moving tortoise compare to the overseas gold mining companies listed in dow or nasdaq..
An attack has been launched!
1.3m drop to 500k @.35
Will we see light of 355 today?
SaltyCake ( Date: 16-Jun-2016 16:11) Posted:
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As per expected... 35 heavily guarded!!
Need strong army to break through wall with ladders
After 35 we should see a clear path towards 40 and next sentry will be 395 40
Wind22i ( Date: 16-Jun-2016 14:55) Posted:
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Gold price cross 1311 usd...
Bullish..
Can go long this counter
Bullish..
Can go long this counter