Posted by Will188 > 2020-08-21 11:43 | Report Abuse

Now price 0.06 hopefully those quue sell at 0. 065 sell remain firm so that this will be bottom line. Stay firm bro.

Posted by Will188 > 2020-08-21 11:45 | Report Abuse

5minute no buy/sell. Very rare for Bornoil. Hope all seller firm to maintain selling price minimum 0.065

Posted by Woodswater > 2020-08-21 12:12 | Report Abuse

Sales Justin, you expect good news??? Have waiting for good news since 2016.....

Sales, v wait 4 yrs + for short term
They hold for MID- TERM?
Wait 4 c next month, i ll everage down further

Posted by Tkgoh91 > 2020-08-21 14:13 | Report Abuse

https://www.thestar.com.my/business/business-news/2020/08/19/i-stone-to-tap-new-chairman039s-network-eyes-venture-into-oil-and-gas
I think it will be related to mining the goldmine.

Posted by btuscy > 2020-08-21 14:55 | Report Abuse

Woodswater, have u tried 14th floor? I heard its veryy effective.

Posted by JuliusCeasar > 2020-08-21 14:57 | Report Abuse

Bornoil good to buy when price drop to 4 cents.

Posted by Woodswater > 2020-08-21 15:12 | Report Abuse

btuscy Woodswater, have u tried 14th floor? I heard its veryy effective.

Buy at 14 c?

Posted by Cojack31 > 2020-08-21 15:14 | Report Abuse

Many investor no trust on bornoil. They need fly to 15 cts at least. That time people will chase.

Posted by Woodswater > 2020-08-21 15:36 | Report Abuse

Cojack31 Many investor no trust on bornoil. They need fly to 15 cts at least. That time people will chase.

Bought since 2016, still holding
Of course hoping it will surge,
But come back to reality will everage diwn the worst scenario happens ( 4 c)

No pain no gain
Tqvm

Posted by hps3388 > 2020-08-21 15:37 | Report Abuse

It will take a long time to clear out stale bulls who bought between 7 to 9 sen. So if you are playing contra, look for something else to try your luck.

Posted by Paliwar > 2020-08-21 15:46 | Report Abuse

mesti diorng ade hold news sblom weekend ni..get ready to flyy to moon!!

Posted by Will188 > 2020-08-21 16:16 | Report Abuse

@hps3388, yes it's true statement. If monitor, today's still decline but more stable and slow down. The pressure of price "pressing down" activities no longer obvious. Healthy accurate statement more useful as advice to new comer and existing investor to consider instead of making - ve info create tense and adding "salt" to existing investor. Can't see how we benefit to consistently call for price drop by some idiot.

Posted by Moneyfind44 > 2020-08-21 16:35 | Report Abuse

Need to pray price maintain at 0.06 to 0.065 until gold price cross 2k back

Posted by lehubeng > 2020-08-21 16:55 | Report Abuse

maintain 0.06-0.065.... continue hold tight tight.....

Posted by 7036hisap_darah > 2020-08-21 18:01 | Report Abuse

ya hold until ceo get stage 4 cancer

Posted by Jeffreyteck > 2020-08-21 18:36 | Report Abuse

LT negative as proven.
ST trading play.
Good luck.

Posted by beginner > 2020-08-21 18:40 | Report Abuse

Slowly down and back to 0.01 eventually, rubbish counter

Posted by paktua73 > 2020-08-21 19:07 | Report Abuse

when paktua decided to pick this as training exercise for paktua new warriors..
means is really brutality n devil stock..


tut tut
prepared for devil cloud until 17/10

Posted by Mashoh95 > 2020-08-21 19:38 | Report Abuse

What that even suppose to mean?

Posted by Investor787 > 2020-08-21 20:02 | Report Abuse

Speechless with this counter.

Posted by port1111 > 2020-08-21 20:43 | Report Abuse

Mashoh95, Paktua ask to keep in locker until mid Oct

Posted by lamy92 > 2020-08-21 20:45 | Report Abuse

Duduk diam2 dalam kapal.. Jangan lari..

Posted by paktua73 > 2020-08-21 20:46 | Report Abuse

yes only strong holding will survive..


tut tut
wat bodo jer until above 0.15 then rally will start

Posted by 7036hisap_darah > 2020-08-21 21:15 | Report Abuse

siapa ada oxygen tank pinjam i...dah susah nafas ni....

Posted by Zolan2020 > 2020-08-21 21:36 | Report Abuse

good close... wait until 5¢ floor can top up more la. let it wash the faint heart. let pak tua troop support later

Posted by Investor787 > 2020-08-21 22:09 | Report Abuse

Forget about making quick gain with this counter, plan to collect at 0.05 cent.and wait

Posted by Moneyfind44 > 2020-08-21 23:45 | Report Abuse

Sabar..miracle always happen.
Relax & ignore it..then miracle happen..more u korek information,more panic will be..

Posted by firewall9301 > 2020-08-22 07:57 | Report Abuse

Until Golds are unearthed and the mining operations proved viable ...the performances of BornOil shares would be within narrow margins. Mind you there are already successful private gold mining operators in Malaysia. Pls search on U Tube. Cheers have a progressive weekend.

Posted by justin1njp > 2020-08-22 10:01 | Report Abuse

Borneo Oil Bhd (BornOil) inked a memorandum of understanding (MoU) with Minetech Resources Bhd (MRB) to carry out mining works at Bukit Ibam, Pahang.

Both companies, via their respective wholly-owned subsidiaries, Borneo Oil & Gas Corporation Sdn Bhd (BOG) and Minetech Construction Sdn Bhd (MCSB), will work together towards the materialisation of a business contract which will involve BOG appointing MCSB as the contractor for mining works at Bukit Ibam.

MCSB, which specialises in rock blasting, civil engineering, construction and infrastructure development, is also involved in the business of mining and has the prerequisite equipment, expertise and personnel with experience in mining works.

MCSB is also currently undertaking mining excavation works at Selinsing Gold Mine at Sungai Koyan Kuala Lipis, Pahang, according to separate announcements to Bursa Malaysia

To note, MRB executive chairman Datuk Awang Daud Awang Putera also sits on the board of Serba Dinamik Holdings Bhd as a non-independent and non-executive director.

BornOil's Bursa Malaysia announcement stated the collaboration with MCSB will reduce BOG's capital outlay required for the mining works and free up resources to continue with exploration works on other zones.

It will also provide the parties an opportunity to collaborate in the field of mining and to utilise each respective party's experience and strength, the filing added.

Under the MoU, MCSB will among others provide the plant and equipment for the purpose of excavation and qualified personnel to implement blasting activity.

To recap, BornOil had made an announcement to Bursa Malaysia on 6 August 2020 that it intends to proceed with excavation and mining on the first Zone of Bukit Ibam in Pahang, where it is believed to contain total resources of 22,200 ounce or 621,917 gm of gold in 1.66 million metric tons of ore with an average grade of 0.42 g/t.

The findings were made by Dr Yves Cheze, a member of the Australian Institute of Geoscientists as well as the Institute Geology Malaysia.

Dr Yves had also recommended for BornOil to develop the exploration of not only the immediate extension of the first zone but also in seven other zones within the mining area that have similar geology as they may hold significant potential for additional gold resources.

Back in May 2010, Perbadanan Kemajuan Negeri Pahang (PKNP)

signed an exclusive agreement with HDL Global Sdn Bhd (HDL) for the prospecting and mining rights to an area covering 1,200 hectares within Hutan Simpan Bukit Ibam in Pahang.

Subsequently in March 2015, BornOil, via an exclusive production sharing agreement with HDL, was granted sole and exclusive right to prospect, explore, mine, extract, process, sell and collect all revenue of sales with respect to all minerals and precious metals including gold over the said area.

Currently, an area measuring approximately 462 acres within the area has been issued with a mining lease on which BornOil is currently carrying out mining works.

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 ounce or 1,866,943 gm (1.866 ton) of gold.

Gold prices have been on the rise, and, for the first time, breached the US$2,000 an ounce mark last week.


https://klse.i3investor.com/m/blog/share4u2019/2020-08-18-story-h1512396491-Minetech_is_now_officially_new_gold_linked_stock_excavation_from_rock_t.jsp

Posted by Will188 > 2020-08-22 10:30 | Report Abuse

Dengar Paktua legend.. Now challenge this counter... Must see.. But good news is now only bilis inside... Institutional many already out, hope now is bottom line waiting rebound!

Posted by Will188 > 2020-08-22 10:33 | Report Abuse

If can Paktua bawa troop masuk ikhmas juga. Ini counter I scare but "in out in out" already earn lots since 0.06cts. Maybe boleh 1time push to sky.. Lol

Posted by lau9639 > 2020-08-22 11:28 | Report Abuse

News Bites
Jim Rogers gives the best investing advice you’ll hear, talks next big market crash
David Lin David Lin
Wednesday August 19, 2020 12:21
Kitco News

Jim Rogers, chairman of Rogers Holdings and co-founder of the legendary Quantum Fund, said that the next financial crash could be even worse than what we saw this year
On gold, prices still have a lot of room left to climb, Rogers said, adding that Warren Buffett did not enter the gold market too late with his recent purchase of Barrick Gold shares.

“If I’m right, gold is going to go much, much, much higher before this is over. Gold may well turn into a bubble. I hope it doesn’t, because if it turns into a bubble, I’ll have to sell it and I never want to sell it. I want my children to have my gold and silver someday,” he said.

Rogers draws on his decades-long investing experience, from his early days on Wall St. to his successes with the Quantum Fund, to give candid advice to any investor looking to win in the long haul.

Posted by Cojack31 > 2020-08-22 13:00 | Report Abuse

If no war/ like covid 5 month ago / oil drop like 5 month ago. I think market will not crash. Gold if u study in long run price will up also. . Maybe this counter problem only. As i said b4. Dont buy to much. If price no jump to 15 cts. Nobody will ignore.

Posted by Cojack31 > 2020-08-22 13:01 | Report Abuse

Price need to fly 1st. And that time. Retailer or investor will realize. And demand is there. .

Posted by Moneyfind44 > 2020-08-22 19:13 | Report Abuse

https://www.kitco.com/news/2020-08-21/Gold-price-action-next-week-is-a-coin-toss-among-analysts.html


"Some consolidation around $1,900 would be instrumental in create a more stable market,” said Eugen Weinberg, head of commodity research at Commerzbank. “It would be good to see some of the weaker hands shaken out of the market and we can build a solid base.”

Need bornoil sustain 0.065-0.060 until gold price cross back 2k..then baru ada show..

Posted by 7036hisap_darah > 2020-08-22 21:00 | Report Abuse

mush wait rat eat all the bread in the world then sugar bun will fly.

Posted by 7036hisap_darah > 2020-08-22 21:01 | Report Abuse

war come boom all the bread factory then this counter fly skyhigh

Posted by HamsterHuat > 2020-08-22 21:06 | Report Abuse

Bornoil might well close shop lo.
Dig Dig Dig also so long...
Faster lah show your fruitful venture.

Keep speculating not gonna move this share up.

Posted by beginner > 2020-08-22 21:23 | Report Abuse

When they finally dig out the gold the gold price might down already, useless in the end

Posted by justin1njp > 2020-08-22 21:33 | Report Abuse

Next week 7sen.
The following week 7.5sen.
Slow slow up.

Posted by Cojack31 > 2020-08-22 21:39 | Report Abuse

Romours are useless. Fly first . Then will know how far can fly or not..

Posted by densim > 2020-08-22 21:40 | Report Abuse

This Gold carries good news fwd. The Core would be the Quarrying...

Posted by batboy81 > 2020-08-22 21:59 | Report Abuse

to much sentiment b4. this counter only korek² itu tanah then take opportunity of gold price naik saja. ikan bilis cepat lompat now shark eat edy

Posted by ramjamdr > 2020-08-23 11:24 | Report Abuse

The gold market is "very strong and could hit $3,500 in two years," according to Barry Dawes of Martin Place Securities.

Garth Bregman of BNP Paribas Wealth Management said he doesn't see "any catalyst" for gold to stop its rise in the short term, though there could be some consolidation around $2,000.

Long-term low interest rates and a tight gold market are factors that could continue to drive the rally in the precious metal.

Posted by gloveFrenzy > 2020-08-23 14:14 | Report Abuse

does anyone ever wonder why such news that they hv found gold came out at such timing? Something For you to ponder.

Posted by Investor787 > 2020-08-23 16:02 | Report Abuse

A lot to ponder on Bornoil . LOL

Posted by HamsterHuat > 2020-08-23 18:14 | Report Abuse

Bornoil is either a hidden gem OR totally a dud....Fake Fake Fake.

Posted by willc48 > 2020-08-23 20:04 | Report Abuse

the taiko will again re-structure the shares 1 shares to every existing 4 shares. already tired with this game.

Posted by Cojack31 > 2020-08-23 20:37 | Report Abuse

That y. Wait fly 1st. Anything can happen

Posted by pineapple123 > 2020-08-23 21:07 | Report Abuse

Some say Bornoil is a news-driven counter because all these while Bornoil reported losses after losses and during RMCO, there is a sudden news of company intention to open up bukit Itam because of gold contents.

Is Bornoil a gimmick counter or a potential turnaround company with promises of gold found ?