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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

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

TANKER - 17 Nov 2011 12:06 - 1127 of 2354

pog are down 36p and more buys than sells

aldwickk - 17 Nov 2011 21:28 - 1128 of 2354

CEY down 5.33% in Canada tonight

TANKER - 18 Nov 2011 08:30 - 1129 of 2354

does any one no what harry died of great guy by all accounts .
as for cey nothing as changed so i am still buying on dips and happy to do so
only the brave win .

aldwickk - 20 Nov 2011 16:04 - 1130 of 2354

Looks like CEY will fall Monday

HARRYCAT - 20 Nov 2011 16:15 - 1131 of 2354

You may be right. Situation looking a bit grim again in the region and Egypt no further forward in forming a non-military government.

TANKER - 21 Nov 2011 08:10 - 1132 of 2354

the muslim brotherhood are trying to bring egypt to a civil war .
they want only muslims in power then throw out any non muslims.
the army ust not give in

cynic - 21 Nov 2011 09:01 - 1133 of 2354

you really are a plonker at times .... MB is indeed a potential worry, as i have posted several times previously, but as so often, you overstate your case

TANKER - 21 Nov 2011 09:13 - 1134 of 2354

harry i sold last week and the last today . have bought into lloys

Chris Carson - 21 Nov 2011 09:26 - 1135 of 2354

TANK, find it hard at times (make that all the time) to work out your trading , investing strategy, last week this was a no brainer and you were going to hold and add for England, Ireland and Scotland! Now all of a sudden you got out last week and today (presume at a loss) and you are now investing in LLOY who last week were a bunch of muppets and the board should have been exterminated at birth? Answers on a postcard mate :O)

TANKER - 21 Nov 2011 09:37 - 1136 of 2354

cc .my feelings have not changed .
but i like making money .
cameron is doing a deal with the eu and it is not in the
interest of the uk public but for the rich of the uk .
take a look at who gets the millions in land subsides .
it will tell you a lot ,
i will buy back in to cey at the correct moment and no i did not lose money .
i bought a lot at 95p and a lot at 102p avge 97.6p .
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