Valgrovest Seems so difficult to see this fat elephant move an inch. Until CEO has to go and sell chilli sauce to spice up. Luckily not jual pisang. 02/06/2021 4:17 PM
(Bloomberg) -- Gold steadied near the highest level in almost five months as investors weighed the latest comments from Federal Reserve officials for clues on the potential time frame for tapering stimulus
For those looking to invest in gold, time to prepare to invest. There might be further downside due to the massive rebound in economy after long lockdown. But gold will bounce back bigger.
Company is testing our patience whilst Mcquarie slowly eat. Price remains stable despite negative market sentiment. I guess we should not sell but just have to waittttttttttttttttttttttttttt
Gold correction done. Expect Gold and all metals will continue to surge in coming weeks.
For bornoil, 8B shares issued for a loss making company with revenue less than rm100m a year. At 4sen, it value the company at RM320m. That is on par with Poh Kong and more than Tomei. With Poh Kong and Tomei already holding lots of gold, Bornoil has not even started digging. They unlikely got the approval to operate in this MCO too. As of now, it would take a big rally in gold to get them moving.
PK & Tomei trade in gold, gold surge short term profit long term pain...Bornoil mine and sell gold, short term gain long term gain
pang123 Gold correction done. Expect Gold and all metals will continue to surge in coming weeks.
For bornoil, 8B shares issued for a loss making company with revenue less than rm100m a year. At 4sen, it value the company at RM320m. That is on par with Poh Kong and more than Tomei. With Poh Kong and Tomei already holding lots of gold, Bornoil has not even started digging. They unlikely got the approval to operate in this MCO too. As of now, it would take a big rally in gold to get them moving. 05/06/2021 1:20 PM
It did hit 9 sen last year though. That would be double the current price. Still it's all depends on gold price n how much gold they can get from their new mining location. As of now nothing.
Gold price beginning to ignore US economic data and focus on inflation, and interest rate this coming week.
Why you guys so concerned about the substantial shareholder? Macquaire bank news already in for sometime. It's just a matter of time. Bank don't invest just to earn 0.005 Sen. It just a waste of time. And the shares that they holding is just way too much to offload in open market. Gold price would be the driver for this company. The quicker they share their 1st bucket of gold, the faster the share price would move. Remember, even if they found gold, and the gold is not substantial, it will not help. People is seeking for lots of gold holding.
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whistlebower99
5,255 posts
Posted by whistlebower99 > 2021-06-02 11:43 | Report Abuse
Just wait for share consolidation and rights issue with free warrant, final step for directors to raise fund.