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.

Lets be honest, if you had stuck a pin in 99% of stocks yesterday morning - you would have been correct.

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:-)

i am very pleased for holders but do not get to excited read the bbc news on egypt
m/b want to take the country back to the muslim rules

inter alia i had a very interesting chat with a couple of yemeni nationals yesterday ..... in their opinion, the egyptian people (and indeed other nations in the region) will not allow fundamentalism to take over .... there is a huge difference between true muslim goverment - different from western but not unacceptable by any means - and fundamentalism which is destructive to virtually all

the one thing they all have in common is total antipathy to the status quo in israel/gaza and the american (unacceptable) support of same - i concur! ..... whether or not two nations can be created and live peaceably alongside each other is a thorny question and probably one that will take a few generations to resolve

none muslims will be driven out of egypt over the next 10 years it will be enough iran

T - that it is unadulterated, rabble-rousing nonsense hypothesis with no foundation on fact whatsoever; shame on you!

that said, though action will inevitably speak louder than words, i find it equally disturbing that m/e press (or at least that in dubai) consistently links the adjective "moderate" with the muslim brotherhood and its political arm, the freedom and justice party

for all that, the imposition of sharia law, which may well come into operation in egypt sooner rather than later, is not necessarily as restrictive and repressive as the west likes to portray; it all depends on the slant and zeal of the imposers of same and how they choose to interpret islamic law and the koran

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cynic read last weeks mail the leader of the m/b it is what he said not me

I have a feeling that Cynic probably doesn't read the Mail! ;o)

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Gulf Today as it happens, but i'm sure each copies to the other - aka syndicated ..... al jazeera will certainly be similar and would doubt the saudi press wiill vary much from that line

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mnamreh---------it'll be a hyper bear market if that's their prediction.
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"$2,000 a tonne" - shurely shome mishtake!

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par extraordinaire :-)

I have been wondering how best to go about selling some of the gold I have bought over many years and at much, much lower prices than today. It's a predicament I have wrestled with for ages.

Do I sell and risk losing out or;





Do I ask the wife if it's ok to raid her jewelry boxes.
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Every time we go out for a meal I take out extra insurance for her hands, I even hired a bodyguard, but had to stop that because my wife insisted we eat out most evenings, that was fine 'til I remembered I worked night shift. Ha! Ha!
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