Those sold off glove already don’t risk going back to glove counter la... come join the gold craze and what more cheap cheap with ur capital from glove can buy damn a lot and Make higher profit
@messi stock market is always half gamble. Even if you did a lot of research, the moment you buy you are also gambling hoping that you did the research correctly
Yup. So far they only explored 1 out of 8 zones only.
Dr Yves has also recommended BornOil group to develop the exploration of not only the immediate extension of the first zone but also in several other zones in the mining area that have similar geology as they may hold significant potential for additional gold resources. BornOil is also continuing with exploration works on the other seven zones at an interval of three to six months for each zone.
Will start mining soon
Subsequent to the findings, it intends to proceed with mining works in the zone through an outsourcing business structure and the group is now in the process of selecting a suitable contractor for the task.
With current gold vibes in play and at its highest price, this is the potential stock you can hold.
60,032 ounces X USD2000 = USD$120,064,000 = RM 500MIL.....they have another 7 zones add up close to RM 1 billion....current price 0.075 is Crazy the cheapest GOLD counter in Bursa.
At the conclusion of Phase 1 and Phase 2 of the preliminary exploration works on seven of the eight zones, an assessment of potential gold resources dated March 2019 was prepared by Dr Yves showing potential gold resources of 60,032 ounces or 1,866,943 gm (1.866 ton) of gold.
Published on Jun 24, 2020 The Federal Reserve’s balance sheet is at risk of devaluation, and should the underlying assets fail, gold will respond by “rising to a price that balances the Fed’s balance sheet,” said Dan Oliver, founder of Myrmikan Capital.
“The Fed, as you know, has been on a massive purchasing spree because of the virus situation, and so therefore the equilibrium price of gold is going up commensurately, and so the numbers now to balance that balance sheet are enormously high,” he said. “My [forecast for gold prices] has changed. I’m at $10,000 now.”
Referring to numbers of Gold price trending analysts , gold price will continue uptrend to hit US 2500, 3000 and..even10000....Bornoil is at its very right timing now ! It will boast it’s profit to historical high. Just hold tight. Shareholders will be rewarded handsomely
@lau9639, yes bro, here's the link to support your statement. Indeed Dan Oliver did mention that gold will reach 10000usd [keyword : if FED's asset fail]
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Combilia Hubella
126 posts
Posted by Combilia Hubella > 2020-08-07 16:51 | Report Abuse
Certainly Gold is better than mask & glove.