Thanks KK. I am waiting for China to fully open up before I buy any airlines stock.

After so many traders have been washed out, the market maker is taking his own sweet time to collect. Now big time washing is happening in AAX and CapitalA.

I am in line with what Moon said about the potential of Bahvest but the proof of it has to be in the pudding. Being a long term interest free FD holder of Bahvest I have experienced many disappointments with Korek King. He made me suspicious of his character when every quarter he seems to just korek enough to pay his bills and leave a penny or two as profits. Meanwhile he keeps buying more and more machineries for the mine and with all the machineries it is always just enough gold to pay expenses and giving all sort of excuses regarding production. I hope the new management can do better and not come out with new antics.

Ya they should privatised it soonest possible and offer RM2 per share. Later can easily relist it on SGX at double the price

Moon, after reading what you wrote above I went to check up what is epithermal deposit. From what I learn it is vien of mineral deposits forced up to the surface from underground thermal forces short of spewing lava. After that I went to check on the location of Bukit Mantri on Google Earth and it clearly shows that they are digging from the mountain top and already gold is found. Can you imagine if the vien stretches from below ground to the mountain top and laden with mineral deposits. Well I guess doing a comprehensive geological mapping to see how vast and deep are the veins around that area is a right thing to do.

Bye Mario. Wish u all the best in your other investments.

MarioBros, there are more people losing money than making money in Bursa. If you are all stressed out, you better watch out for your health. The money is not worth it. Many people have fallen ill ços of losing money. Anyway my costs is above 40 sen and i have hold it for more than 2 years. My main complaint is that it is not giving me any dividends for holding it making it worst than my FD.

Thank you KK. Other plus points i am wish for is that Korek King returns the RM6 million plus the missing gold and on top of that hopefully the lease to the mining land is given to Bahvest. :)))

So now we all have to pray for a miracle that by the next QR Bahvest is able to produce more than 300kg of gold or Gold price is above USD2100 or discover rare earths or diamonds next to the gold ore. :)))

An indication of gold production is going to be 200kg insiders should be buying. Watch out for announcement of INNO buying else it doesn't look good.

If next quarter 200kg gold then it will be RM1 and if gold price is more than USD 2000 per Oz then it will be more than RM1

The profit is just shuffling of papers. Luckily the company still can manage to stay afloat after Korek King had cleaned out the money and gold plus adding damages. I am just looking forward to their operations in the coming months which should be very positive based on their gold production in June.

Bahvest current price is a good entry point for who dares wins

Moon, u r right that Bahvest should do more than 200kg of gold per quarter. 200kg per quarter will be a good start for them to bring in some real positive cash so that they can buy more machineries to dig more or venture further. Also with the elimination of some dead woods and the return of RM6 million from Korek King will be added bonus.

Now that results are out, INNO can continue to buy more without worrying about insider trading.

Wow! QR is out early in the morning. Notably there is no gold production in April but in the shortened working month of June the management were able to produce 48kg of gold. Thats great. Thats also means it can easily produce 200kg of gold per quarter. Now I see real GOLD! Lets go.

KK, bad news coming in the form of bad QR. Hopefully the QR will give an indication of whether it is real gold or fool's gold. If it is real gold, just hang on to see it hit RM1 and above.

Mario, maybe now is the time to double down so that u can take profits at 36sen

Even KK is feeling pessimistic now but Vincent is happily buying.

Would appreciate if the ex CM provides more information regarding the gold in Bahvest.

Mario, the current volume is small. Doesn't look like they are selling. More like people cutting loss or taking small profits.

QR should be out anytime. Whether there is gold or fool's gold insiders should know by now. If there is a lot of gold, insiders should be quietly buying like crazy and if it is fool's gold, should have off loaded the bulk of their holdings already. Show me the gold! Also many bystanders are looking too. If the gold is there I am sure players like Pohkong or Tomei would be interested to buy a small stake too. RM5-10 million to them is small change.

Wow! Nice closing. Anyway this Inno, Frederick and gang still have a lot more to buy. They have to hold at least 30% of the shareholdings to be consider as owner or boss else somebody can do the same number on to them as to what happened to Korek King.

Thank you.

What about monthly production report? Is it a requirement?

I am still waiting for the fish seller to appear in court.

NFA from the police, MACC and SC? NFA from the civil suit also? Only consolation is that there is no noise from Korek King. All quiet, drama over.

I think it is time for me to double down instead of selling.

Moonslayer,
Thank you. In this case Korek King must be having sleepless nights and like the recent MB he might get a call at 3am. I think Joyvest should learn from you or go back to school to study law.

No charges from the police, MACC or SC. Does Korek King belongs to the untouchable?

Why still sue here sue there by both parties? Why the AG has not charged Korek King? He has already dug his grave, just send in the coffin and he will shiver in fear.

Or any news on Korek King?

Any news or theory on why the big sell down on Friday?

Korek King's mistress dumping her shares as he can't afford to maintain her already?

Don't waste time la. Charge him and I will double down.

Korek King still negotiating under the table, above the table or no table?

When r they going to charge Korek King?

Waiting to sell at my right price but if Korek King is charged in court for evading tax, I will double down.

How come only Innosabah is buying? What about the other four, not enough confidence or no money?

They should buy up to 20% shareholding if they really believed there's lot of gold. Put their money where their mouth is.

I recall a gold robbery case long time ago that the robbers melted the gold and sold it to another goldsmith in another state and after a few months someone spilled the beans and all kena jailed although the original gold can no longer be found.

If any of these three things happens Bahvest price will increase by at least 10%. 1. Gold price hit 2000 again. 2. Korek King returns the RM 6 million he took. 3. Korek King is charged with misappropriation of 100kg of gold.

33 Sen is my break even point. Waited for two years already while Korek King was busy korek for himself. Now have to see whether new team will korek for themselves only.

Min 50kg of gold per month. Ok. With current gold price it works out to be reasonable amount of profits though not excellent. Mining still continue. Ok. Stop payment of lease. Ok. Now wait for the other party to sue so that it can be settled in court and see who is the guilty party.

Korek King, why are you so quiet. Better make some public statements and tmr go to the EGM and make noise and protest else people will think that you have makan the 100kg of gold. If later you are charged for the offence then you can't make noise already. Only the lawyers can talk.

https://oilprice.com/Metals/Gold/Chinas-Gold-Buying-Spree-Continues-For-Seventh-Consecutive-Month.html

I think they are too drunk on Tuak to get it up even with a bottle of Viagra. Have to wait for them to sober up

Oui, today for action or not? Is the gang of five still sitting around drinking Tuak and waiting for the East Winds.

Korek King maybe have to sacrifice the whole mining lease to Bahvest then the price will be RM3.

Korek King, are you guilty of misappropriating 100kg of gold? If not,, then continue to fight and show the middle finger to MACC and everybody else, but if you are guilty, how much are you going to sacrifice and pay for a stay out of jail card for you and son?