China Nonferrous Gold Share Discussion Threads

[rockybalboa] 05/7/2017 16:51

I wonder if all the "related party" financials are this bad? :)

[diablo26261] 28/6/2017 08:14

Well, the results are out - and that is a loose definition ........

The level of insight of what will happen and where we will be is minimal.

Cannot see what makes this investible now going forwards for existing or new money.

A decision to made whilst still showing a profit after so many years.

[eke] 13/6/2017 19:20

Hope I'm wrong but 20p looks
Like the bottom.Results will be left
To the very last day knowing these
Guys.
They need to provide a good
And positive set of figures for this
Get this price moving in the right direction.

[eke] 07/6/2017 18:10

Some would say "gap filled" ...Rampers would say "buying op".
I'm saying "wait for the bounce"!

[charles clore] 07/6/2017 12:22

...and back down she goes again!

[eke] 02/6/2017 19:44

Wishful thinking on my part !
Nice surprised on the price movement today.
As I keep saying; Interesting times ahead.

[legg96] 02/6/2017 13:44

I am not expecting any guidance on ozs. that will be produced in 2017.

[legg96] 02/6/2017 13:42

eke,
Many thanks for your comments. These people like to give the minimum info to their fellow shareholders. In the next 28 days they are required to publish their 2016 accounts. The most we will get is the ozs produced in 2016.

[eke] 02/6/2017 12:03

The Market must have seen this as a positive,a five year loan guarantee from 2016 is a much more secure position to be in.
Scanning the last Financial statement released last August they
stated that they had 150,000 T of ore stockpiled and they were processing 1700 T per day; this equated to nearly 3 month of work for the mine.
This stockpile would be depleted now so hence their statement in the RNS.
Should get a better picture of the mines financial position this month I hope.
Just interested to read how many oz of gold has been produced in the last 12 months.
Interesting times ahead.

[diablo26261] 01/6/2017 19:37

RNS today says no production since avalanche and cash flow problems leading to debt repayment renegotiation.

Surprised they did not fall further as no news on when production will resume etc.

These are not usually good signs for investors.

[eke] 31/5/2017 16:19

Hold tight!
Shares rarely move like this for no reason.

[eke] 30/5/2017 16:00

Straight from the Trump book of financial well-being.
Upward movement may be due to June's result date getting closer with speculators showing an interest again , or Rocky's theory starting to play -out.
Interesting times ahead.
Worth further investment ...hum!!!

[rockybalboa] 30/5/2017 14:14

Wait for a sizeable batch of options being given to someone (read: insider), for some silly reason. Then, and only then, will good news be released. IMO

[eke] 26/5/2017 13:03

The gaps filled at 22p - it is now on a knife edge again.
The gold price might help decide the direction but we need some good news to stop the blood-letting!

[charles clore] 25/5/2017 18:27

It spooked me alright. Damn those Chinese!

[eke] 25/5/2017 17:55

A deliberate lack of news is worrying some Investors.
The worse case is the Insurance company
Are not going to pay up and CNG will need to use their secured loan facility in order to continue operating.
Interesting times ahead.

[diablo26261] 18/5/2017 08:24

Full of useful detailed information as ever - the insurance will go up massively in price if this is a regular occurrence or be unwilling to cover.

Sure the financials will be enlightening when they appear......

[eke] 17/5/2017 11:54

So now we know!
Insurance company are going to be hit hard.
Is this going to happen every winter ?
Still think this is a plan to shake out the weak as there is never any positive news.
How much gold have they mined pre avalanche ?
Many unanswered questions.

[diablo26261] 16/5/2017 12:35

What are massive volumes for this share in recent years are continuing - not planning to be shaken out.

Some big sells again over the past couple of days which have not caught up on the buy side yet.

Would be interesting to know what the driver really is.

[eke] 14/5/2017 11:50

Last week was a good example of a "tree shake";MM only showing the sales until the they had scared enough holders into selling and then on Friday we were shown all the buys.....do they have enough to service the buyer is the next question.

[eke] 12/5/2017 11:38

Trump effect influencing the gold price.
Miners in favour again.
Volume unusually high .
Weather at Pakrut 91F and sunny so
Any snow should have long gone by now.
Any damage should have been assessed and
Under repair.just need a positive
Statement and this will fly.

[eke] 11/5/2017 18:18

If their insurance covers Loss of income there shouldn't be a problem.
Question is does it?
A lack of news is worrying,not surprised a weak invester has baled.

[diablo26261] 11/5/2017 08:26

Looks like circa 150,000 shares sold this morning at around 20p - been sustained selling for a while now.

Those in the know bailing ?

Will we ever get an update on the production, avalanche etc - maybe this is the answer on what to expect.

[rockybalboa] 04/4/2017 15:00

I've said it before, and I'll say it again:

My suspicions are that CNMIM are taking the value for themselves.

[eke] 31/3/2017 18:12

Agree with your thoughts.
At least my other Gem,CRY
Is showing promise.
Will do a bit more research over the
Weekend.
Like you;I think they are hiding
Something from us.