i don't understand what's happening with this counter.... gold price is increasing handsomely.... but doesn't seem to correspond with the stock price ...anybody has any explanation?
now all is interested in medical n gloves stk only and the trend seem will cont till year end......and for tis stk is not looking good now as the gold also is not really confirm case and also just a shareholders for gold mining company which need longer time to get the results...
Please scroll up and read some of the comments! To summarize : NME is not a gold mining company yet! They still explore. and MUIP convertible notes still not officially converted to NME share. How ever IF NME/MCT can prove large enough qty of gold for mining their share value may go up 10-100 times. and MUIP will follow the NME share prices. For now we just have to wait... unless you want to gamble in glove stock! MCT is a farm-in partner with 51% share of the gold found. (currently all the exploration cost is contribute by MCT) because NME mess up for last 10 years with little or no drilling.
jasonlingwj i don't understand what's happening with this counter.... gold price is increasing handsomely.... but doesn't seem to correspond with the stock price ...anybody has any explanation?
I think the glove stock will slow down after all the QR out. few billion will be coming from there and they need somewhere to park the money. Gold is good theme and maybe pharma stock. Tech stock are too high!
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lcbin5605
103 posts
Posted by lcbin5605 > 2020-07-29 19:39 | Report Abuse
nice closing~ tmr 0.26 slowly up up