gemseeker

gemseeker | Joined since 2019-08-30

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2019-11-15 18:01 | Report Abuse

should be around 27-29 nov

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2019-11-01 09:11 | Report Abuse

1st time follow the gold price hahahaha

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2019-10-22 17:18 | Report Abuse

thanks for advising roger3210 :D

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2019-10-13 00:26 | Report Abuse

Bahvest is a very good company to invest for mid-long term because as mention in the QR result “The Group started extracting gold from topsoil clearing in previous quarter ended 30 September 2018 and has yet to start drilling and mining of the Sulphide and oxide rocks/ore at the identified mining site in current quarter”. Even extracting gold from the top soil also have approximate 130kg of gold, imagine the amount of gold they are going to extract in upcoming quarter.

If you’re thinking that there might be no gold underneath of the topsoil, then you would have been an idiot, because there is nobody are going to simply select an area to mine for gold, people will investigate the area first by using technology before mining. Besides that, the recession is coming and this would definitely increase the price of the gold even more, currently the gold price is trading at USD 49k/kg which is approximate RM 205k/kg.

As mention by Vincentbravo, the owner would not simply let the stock price drop lower, the only purpose of it is of course collect at cheaper and trap those who chase high. Psychologically, people who scared will confirm sell it back to the owners. Now let’s see how low can it go and correspondingly collect with those owners. Will be start collecting now……….. :D