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.

In auction -10.4%

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mna the brother hood only want to bring the country down it is there aim .
and want total power

http://www.cbc.ca/news/world/story/2011/11/21/naguib-sawiris-video.html

what happens when the army steps down . it will be a blood bath of religions

did any one listen to radio 4 this morning about tourism in egypt not looking good
if the brotherhood get power . the country will desend back 400years.

egypt has been dangerous for tourists for several years
i accept that the odds favour MB becoming the majority party at the elections as they are far and away the best organised .... however, they will want, at least initially, not to appear too scary and assuredly will not want to alienate external investment

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sharm is a tourist enclave so not really egypt, but with so many places to choose from even for scuba, assuming you have money(!), then why take the risk? - many or even most won't except at giveaway cost

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egypt will never be a holiday resort again the M/B do not want it listen to r4 at 7.30 this morning and it is 10% of its wealth

nor will peckham!

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mna .all i am posting listen to R4 .if M/B get power they have said this .
listen not

if holders want to bury there heads to what could happen good luck .
it will become enough iran in my view.for what it is worth .
have a nice life and good luck.

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the M/B have played a canny game they have put in place people to
stir up the fools to attack the army leaders so that they can then take control
the country is now heading to civil war . and the winners will be B
M/B the end of egypt is on the cards

Tanker

Have you sold your CEY share's then ?

yes i sold them .
looking closely at the antics of m/b and do not like what i am hearing .they have stated that they want to bring back muslim laws so tourism wil end big time

ald .i put my money in to lloys now going keep buying lloys they are going to go back up they are NOW making good profits and that is good info.