CNMC Gold Mining

[Life is a game]

The pulai mining site in kelantan and dividend payout this year will determine if cnmc can be a multi bagger.

Sent from my SM-N9005 using Tapatalk

Actually I am quite surprised about the pulai mining site acquisition. If so profitable how come no other company is mining there already? Gold price has been doing ok for a few years already.

Reckon the recent run up is due to gold price and positive analyst coverage and of course market speculation (look at the massive volume now). Very high beta commodity play on gold, will have a steep drop should gold price go down for whatever reason.

-n v-

I think there was mention that for past years there have been no significant results from the pulai mining site. so it's up to cnmc team of experts to perform the midas touch. good thing is alot of data available and cnmc team has track record with sokor project which is in the same state as pulai mine. Even if the pulai mine is only 50% viable, I believe the profits will be very attractive.

Sent from my SM-N9005 using Tapatalk