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Centamin Egypt : Worth waiting for... (CEY)     

pthwaite - 20 Sep 2004 10:27

CEY is a gold mining company operating in Egypt. It was ordered by the Egyptian Government to stop drilling pending a legal dispute brought against the company by a government minister.

Since then, the whole Government cabinet was replaced a few months ago and the minister now in charge of Mining is believed to be positive on Western investment in the country. CEY are pushing for this minister to allow them to continue drilling ASAP; investers are waiting....patiently.

As soon as the company gets the go-ahead to continue drilling, the share price will move north; CEY has plenty of gold in this mine and it is (apparantly) the case of "raking" it out rather than drilling for it!

Check them out...worthy of a punt.

Chart.aspx?Provider=EODIntra&Code=CEY&Si

TANKER - 12 Nov 2011 16:34 - 1107 of 2354

I bought a lot more of these the week just gone and i mean a lot over 100k

TANKER - 13 Nov 2011 16:05 - 1108 of 2354

rerating is coming this are the cheapist stock on the market .
no debt all profit and going to get a lot better .

aldwickk - 13 Nov 2011 18:14 - 1109 of 2354

Will this mean that we will now have to pay the transfer tax [ stamp duty ] on deals.

TANKER - 14 Nov 2011 08:25 - 1110 of 2354

aid good question . but the stamp money i have saved so far is good news .
and looking to buy a lot more buying two pound notes for one pound is my game
and always has been . these are a gift from the gods

TANKER - 14 Nov 2011 08:57 - 1111 of 2354

been away for over two weeks ,looking at the company news which i already new .
200m in cash production on target and future looking a lot better ,
THIS IS NOW A CASH COW . remember they hit nigh on 200p now they should hit
350p

TANKER - 16 Nov 2011 10:10 - 1112 of 2354

that last buy of 5490 was mine and moneyam as it has a sell it was a buy it was mine

TANKER - 16 Nov 2011 10:18 - 1113 of 2354

no stamp duty

ptholden - 16 Nov 2011 10:24 - 1114 of 2354

Reminds me of 'Finding Nemo'

'mine, mine, mine, mine, mine'

:-)

TANKER - 16 Nov 2011 11:21 - 1115 of 2354

i was just posting say sells are buys and still no stamp duty .

TANKER - 16 Nov 2011 12:28 - 1116 of 2354

enough of my buys is down as a sell.

2517GEORGE - 17 Nov 2011 10:16 - 1117 of 2354

CEO passed away suddenly.
2517

HARRYCAT - 17 Nov 2011 10:20 - 1118 of 2354

http://www.centamin.com/wp-content/uploads/2011/HM.jpg

"It is with great sorrow that the Board of Centamin Egypt Limited announces the sudden and tragic passing away today of Mr Harry Michael, Chief Executive Officer.

Harry was a great friend to many, a leader of people and a man of boundless energy who inspired others to go further and simply to do better in anything they took on. Harry brought only positives to the world and it is a terrible injustice that he is taken from his loving and beloved family at such a young age with so much more to give.

Josef El-Raghy, Chairman, will be assuming the additional role of Chief Executive Officer until further notice."

cynic - 17 Nov 2011 10:39 - 1119 of 2354

tanks - sorry to see you got your timing wrong, but longer term, this is probably a pretty bet for a minor miner

TANKER - 17 Nov 2011 10:44 - 1120 of 2354

very sad news of a good man . all my best to is family

TANKER - 17 Nov 2011 10:48 - 1121 of 2354

harry i do not buy mining shares for a quick profit long term
opening to make a good profit which i will or thechildren.
if they doulbe thats about 175k

2517GEORGE - 17 Nov 2011 11:07 - 1122 of 2354

I recall a 140p next week, a 180p next month and even a 350p for CEY. mmm
2517

skinny - 17 Nov 2011 11:12 - 1123 of 2354

Are we there yet ? :-)

2517GEORGE - 17 Nov 2011 11:19 - 1124 of 2354

skinny----------No, it could be a long journey.
2517

HARRYCAT - 17 Nov 2011 11:21 - 1125 of 2354

Mr T, the remark came from Cynic, not myself!

TANKER - 17 Nov 2011 11:35 - 1126 of 2354

2517 . it is down to the euro land nothing else .
that is why we must getout full of idiots ruuning it
the euro is fininshed greecec is bust no one wants to pay tax
llok at the bosses in the uk bhs
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