crude almost bottom...can buy already...

Yesterday CNMC printed a large inverted hammer with above average volume...very high chance it is a bottom reversal...we shall see what happen today...

Aiyo...price drop like that, tears also want to come out already...

Buy back share daily...nice...:)

Share buy-back has started...

http://infopub.sgx.com/Apps?A=COW_CorpAnnouncement_Content&B=AnnouncementLast3Months&F=QM74W51YPU2NWXYZ&H=ea69a6cd16230dcf2144330fa07d3e0787a7389f2a8d07a6f47ac8165afda987

bought on ipo day @0.52...:)

Read this article

http://stockcharts.com/articles/wyckoff/2015/05/the-stopping-of-a-downtrend.html

I found that the description is very similar to the price pattern of CNMC. Now seems like accumulation phase.
You can check the chart thru Yahoo Finance with ticker 5TP.SI , expand the chart to Max.

They also host webinar every week. Go to main 'HOME' page to view the webinar recording...

You are welcome...On top of the site, look for 'BLOGS', click it, there is 1 blogger 'Erin'. she will always write up article every few days doing analysis of US stock index, Gold, Bond, Oil...check it out

Old news, please click below for the latest gold price

http://stockcharts.com/h-sc/ui?s=%24GOLD&p=D&b=3&g=0&id=p61819131216&a=351737097

need patience...i believe stock price will up 3 to 5 fold...watch the global gold price...now gold price is near bottom, once rebound...heh...heh...heh...

Any body at the AGM?

Refer to their AGM agenda, they seek approval from share holder for share buy back + there's is an attachment regarding share buy back scheme...check out their announcement...

http://infopub.sgx.com/Apps?A=COW_CorpAnnouncement_Content&B=AnnouncementLast3Months&F=WPGLW0EYQ3TFSIK3&H=937af28cd7353d8d3396dce53385d9cd9289fbdd59c26a6137bb7f1473111a80

And give out good dividend...total 0.375 cents...after AGM...:)

oops...should be our money...:)

Good time for CNMC is coming, they planing for share buy-back & issue bonus share...so this is how they want to spend their money...:)

Great result, as expected...total dividend for fy2014, o.675 SG cents, translate to 2.5% dividend yield, based on result, ROE 44%...PE 7...

Great stock for long term...2015 will be better...

momentum improve...wonder why?

btw, NYSE listed Yamana Gold price is very volatile, can make quick bucks...:)
i m waiting for the next pullback to enter, should be within these 2 weeks...

i feel that, Lion gold have alot of exploration activities going on, so cost will be high, and will eat into the Castlemaine profit, CNMC currently only have Kelantan mine, which is producing cash flow...i wonder what is their plan next...

from the following link

http://liongoldcorp.listedcompany.com/misc/LGCPresentationSeptember2014.pdf

briefly went thru their presentation(Sep 2014)...seems like they got alot of gold mine, but all gold are still underground, waiting to be explore...only 1 mine, Castlemaine with all in sustainable cost of A$1,405 compare with CNMC($500-600)...how to make money leh?

CNMC is a better bet...

bought another round of cnmc...

when are they going to give us special dividend?

dividend so little...hope they will give more on special dividend...

Based on their quarter result, they can generate USD3-5 million cash/quarter...USD12-20million/year...

what will they do with all those cash?

anytime can buy...

can only buy once crude bottom...early 2016...

i have faith in them...

their all-in sustainable cost is the lowest(+/-USD600/ounce) compare to all the other miner ex. Barrick Gold, Yamana, Goldcrop, Newmont, Newcrest....

Gold price now is somewhere near bottom, the lowest it can go is USD800/ounce...but very unlikely...

If they can maintain current production rate, their cash flow will be very good...PE +/- 6...ROE +/- 60% based on Q2/Q3 2014 result...

Mr. Soo, can ask them whether the dividend will be increase? or possible to give dividend every quarter? if so, i believe their share price will rise definitely...

the only negative aspect of this company is the owner/largest shareholder is from China...maybe that's why many people not confidence to invest...

Great news...

http://infopub.sgx.com/FileOpen/CNMCRecordSingleGoldPour.ashx?App=Announcement&FileID=325304

the trend looks like saucer/rounding bottom...never know when uptrend will start...but when it start, it will not stop easily...

join cnmc today...

anybody still around..holding?

Rex has a website...come and have a look...

http://rexih.com/

Chinese New Year Ang Pao is coming...

http://infopub.sgx.com/FileOpen/20141002_RIH_PressRelease_Rexonic.ashx?App=Announcement&FileID=316916

Looks like share placement to be completed in 7 days time...Will there be asset injection after share placement???

http://infopub.sgx.com/Apps?A=COW_CorpAnnouncement_Content&B=AnnouncementLast3Months&F=3U1RW16RR7J82K8E&H=1a764d3e883990cecd946e43b329df3625ea488bc355951ef1a9b0505632e54c#.VBgd-vmSzAM

Latest presentation

http://infopub.sgx.com/Apps?A=COW_CorpAnnouncement_Content&B=AnnouncementLast3Months&F=0QLHE4AX2WVZKQC1&H=62b94a433439a88436ea962e5c5f62b83876822d904dde9afaee987e62619997#.VBJCwB3R2So

some more good news

http://infopub.sgx.com/Apps?A=COW_CorpAnnouncement_Content&B=AnnouncementLast3Months&F=WCOPXUGN78Z1KK3B&H=1c97286f7d79d6a26ab3a4ae928f63cebd60ae71c3da0946e2ffa79375e61c1c#.VBJCmR3R2So

First come good news

http://infopub.sgx.com/Apps?A=COW_CorpAnnouncement_Content&B=AnnouncementLast3Months&F=Q5LF01EAM739O1JQ&H=102c9211b1f680b791c0aa2e83f70e556f2792971d3e483894d45827cfa5bae4#.VAe_Ph3R2So

Than come bad news

http://infopub.sgx.com/Apps?A=COW_CorpAnnouncement_Content&B=AnnouncementLast3Months&F=OZ9JDUC3PE0LADNW&H=550aabfc04690264af5053e08cb85da7cf9f9c40fcbfdac87340b823de4ada99#.VAe-mR3R2So


Share price will react to which news le???

morning...welcome to cnmc

FYI, all-in cost for Barrick gold(Canada miner) & Newcrest(Australia miner) is around USD900 - USD1000

if you have extra cash, can consider buy now...if not mistaken, last time i check, the all-in cost for cnmc is around USD800++, now gold price is USD1270, so still got USD400++

hello, steve. My opinion is, buy cnmc when market is at peak. cause when market plunge, gold price will sky rocket, than cnmc share should go up while other share plunge...
i plan to buy after sell Rex, maybe Q4-2014 or Q1-2015.

hope can close on 0.7 or above...

hello, steve...hope it can go all the way up to 1.00...another share you can check out...cnmc goldmine, starting to move as well(production start end of last year)

hai...very tired of holding already...another half year to go...

Very comprehensive presentation from Rex.

http://infopub.sgx.com/Apps?A=COW_CorpAnnouncement_Content&B=AnnouncementLast3Months&F=T1LS3MV8K9YCFT8P#.U3lsCx3R2So

http://infopub.sgx.com/Apps?A=COW_CorpAnnouncement_Content&B=AnnouncementLast3Months&F=T1LS3MV8K9YCFT8P#.U3lsCx3R2So

Based on their last announcement on Trinidad dated 11 Apr. They expect to get 500 barrel/day of production at onshore well by Q4 2014. Anyone from this forum can estimate the net profit it will generate?

And during the exploration well on Oman, they get 3000 barrel/day at shallow water well. Possible to estimation the net profit?

I think most investor will like to know...

First production - Trinidad - in progress
Second production - Oman - Q3/Q4 2014
Third production - Australia - Q1/Q2 2015

Some more good news for Rex in Australia...

http://infopub.sgx.com/FileOpen/20140512_RIH_PressRelease_HIREXVICP57.ashx?App=Announcement&FileID=296762

Great news, Rex will start to drill first of 5 well in Trinidad. production expected to start Q3/Q4...

http://infopub.sgx.com/FileOpen/20140505_RIH_PressRelease_TrinidadSpudding.ashx?App=Announcement&FileID=295322