26-05-2014, 09:16 PM
While higher gold prices will definitely give this counter another shot in the arm I wouldnt look at just that as to be honest nobody can really predict gold's direction. Lets look at whether or not the management has been making any progress in production, exploration , cost management etc and see if it can remain profitable or even increase profits, which to be fair CNMC has been doing for the past 3 qtrs alr. Haha my entry point is higher than yours but I have no complains as I already saw value when I went in, difficult to pick the low. Today's rally shows more people taking notice of this , lets see if its just a brief interest or the start of something really good . looking forward to see the outcome ~