Wow! QR is out early in the morning. Notably there is no gold production in April but in the shortened working month of June the management were able to produce 48kg of gold. Thats great. Thats also means it can easily produce 200kg of gold per quarter. Now I see real GOLD! Lets go.

KK, bad news coming in the form of bad QR. Hopefully the QR will give an indication of whether it is real gold or fool's gold. If it is real gold, just hang on to see it hit RM1 and above.

Mario, maybe now is the time to double down so that u can take profits at 36sen

Even KK is feeling pessimistic now but Vincent is happily buying.

Would appreciate if the ex CM provides more information regarding the gold in Bahvest.

Mario, the current volume is small. Doesn't look like they are selling. More like people cutting loss or taking small profits.

QR should be out anytime. Whether there is gold or fool's gold insiders should know by now. If there is a lot of gold, insiders should be quietly buying like crazy and if it is fool's gold, should have off loaded the bulk of their holdings already. Show me the gold! Also many bystanders are looking too. If the gold is there I am sure players like Pohkong or Tomei would be interested to buy a small stake too. RM5-10 million to them is small change.

Wow! Nice closing. Anyway this Inno, Frederick and gang still have a lot more to buy. They have to hold at least 30% of the shareholdings to be consider as owner or boss else somebody can do the same number on to them as to what happened to Korek King.

Thank you.

What about monthly production report? Is it a requirement?

I am still waiting for the fish seller to appear in court.

NFA from the police, MACC and SC? NFA from the civil suit also? Only consolation is that there is no noise from Korek King. All quiet, drama over.

I think it is time for me to double down instead of selling.

Moonslayer,
Thank you. In this case Korek King must be having sleepless nights and like the recent MB he might get a call at 3am. I think Joyvest should learn from you or go back to school to study law.

No charges from the police, MACC or SC. Does Korek King belongs to the untouchable?

Why still sue here sue there by both parties? Why the AG has not charged Korek King? He has already dug his grave, just send in the coffin and he will shiver in fear.

Or any news on Korek King?

Any news or theory on why the big sell down on Friday?

Korek King's mistress dumping her shares as he can't afford to maintain her already?

Don't waste time la. Charge him and I will double down.

Korek King still negotiating under the table, above the table or no table?

When r they going to charge Korek King?

Waiting to sell at my right price but if Korek King is charged in court for evading tax, I will double down.

How come only Innosabah is buying? What about the other four, not enough confidence or no money?

They should buy up to 20% shareholding if they really believed there's lot of gold. Put their money where their mouth is.

I recall a gold robbery case long time ago that the robbers melted the gold and sold it to another goldsmith in another state and after a few months someone spilled the beans and all kena jailed although the original gold can no longer be found.

If any of these three things happens Bahvest price will increase by at least 10%. 1. Gold price hit 2000 again. 2. Korek King returns the RM 6 million he took. 3. Korek King is charged with misappropriation of 100kg of gold.

33 Sen is my break even point. Waited for two years already while Korek King was busy korek for himself. Now have to see whether new team will korek for themselves only.

Min 50kg of gold per month. Ok. With current gold price it works out to be reasonable amount of profits though not excellent. Mining still continue. Ok. Stop payment of lease. Ok. Now wait for the other party to sue so that it can be settled in court and see who is the guilty party.

Korek King, why are you so quiet. Better make some public statements and tmr go to the EGM and make noise and protest else people will think that you have makan the 100kg of gold. If later you are charged for the offence then you can't make noise already. Only the lawyers can talk.

https://oilprice.com/Metals/Gold/Chinas-Gold-Buying-Spree-Continues-For-Seventh-Consecutive-Month.html

I think they are too drunk on Tuak to get it up even with a bottle of Viagra. Have to wait for them to sober up

Oui, today for action or not? Is the gang of five still sitting around drinking Tuak and waiting for the East Winds.

Korek King maybe have to sacrifice the whole mining lease to Bahvest then the price will be RM3.

Korek King, are you guilty of misappropriating 100kg of gold? If not,, then continue to fight and show the middle finger to MACC and everybody else, but if you are guilty, how much are you going to sacrifice and pay for a stay out of jail card for you and son?

Wah kk7198, expecting Bahvest to be a class 1 race horse is a bit far fetched though I don't mind it happening. I guess you don't want to be like MMC letting go Rio Tinto for a song back in those years.

Same as Bossku, game not over even though lost the election and sitting in jail. Never lose hope. Good luck Bossku as I wish him

CHEERS!!!

Betrayal comes about when there is a big pot of gold involved. No gold no betrayal. Korek King has bought it onto himself being greedy and dishonest. He literally hang himself.

Wah, Korek King don't want to go to EGM. Now wait for MACC to do all the work and charge him for cheating and stealing then sueing him will be easy.

Waiting for three things to happen. 1. EGM to buang Korek King. 2. MACC to charge Korek King. 3. After MACC charged Korek King all the evidence is there for Bahvest to sue Korek King to recover all the stolen money and gold. Feel sorry for him, better to run to Philippines.

All the doomsayers or bears so quiet. All bought enough already and waiting.

All the new directors have bought in some 50m shares. Plus Kretam holdings it will be 120m shares. They will have to pick up 120m shares for the price to go back to above 40sen should be sup sup sui

The price is getting higher and someone is collecting when you sell. Who is collecting?

Is Kretam going to collect 20% or 30% shares? Maybe Kretam also got gold in one of their Palm oil land and needs Bahvest expertise.

There is the possibility of it going to 1 Sen or RM 2, it all depends on how much gold is buried underneath

One put paper, another add wood, then another pour oil and then one shout fire so everybody will run. 🤣

When so many people posting negative news and pouring cold water one should quietly go and buy and when they are shouting buy and buy then one should quietly sell.

Alamak, Korek King not yet resign but as expected the appointment of the three directors. Does it mean Korek King's balls are still being squeezed to produce the resignation letter, the 100kg of gold and maybe more. My sympathy. Anyway expect more good news to come.

The tax X3 for the gold goes to the govt and the balance should go to Bahvest with Korek King accountable for it.