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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

HARRYCAT - 05 Dec 2011 07:50 - 1203 of 2354

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TANKER - 05 Dec 2011 08:10 - 1204 of 2354

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

HARRYCAT - 05 Dec 2011 08:26 - 1205 of 2354

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

mnamreh - 05 Dec 2011 08:28 - 1206 of 2354

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cynic - 05 Dec 2011 08:33 - 1207 of 2354

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

mnamreh - 05 Dec 2011 18:24 - 1208 of 2354

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2517GEORGE - 06 Dec 2011 16:01 - 1209 of 2354

mnamreh---------it'll be a hyper bear market if that's their prediction.
2517

skinny - 06 Dec 2011 16:06 - 1210 of 2354

"$2,000 a tonne" - shurely shome mishtake!

mnamreh - 06 Dec 2011 16:11 - 1211 of 2354

.

skinny - 06 Dec 2011 16:14 - 1212 of 2354

par extraordinaire :-)

2517GEORGE - 06 Dec 2011 16:15 - 1213 of 2354

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.
2517

mnamreh - 06 Dec 2011 16:24 - 1214 of 2354

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2517GEORGE - 06 Dec 2011 16:31 - 1215 of 2354

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!
2517

skinny - 06 Dec 2011 16:34 - 1216 of 2354

Sorry - I was busy trying to get $2,000 together :-)

2517GEORGE - 06 Dec 2011 16:38 - 1217 of 2354

Maybe I should keep the gold and sell the wife, $2K it is then skinny.
2517

mnamreh - 06 Dec 2011 16:51 - 1218 of 2354

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skinny - 06 Dec 2011 16:56 - 1219 of 2354

Well at least that's only 1,000kg and not the 1,016 kg of our late ton! :-)

mnamreh - 06 Dec 2011 16:59 - 1220 of 2354

.

2517GEORGE - 07 Dec 2011 09:39 - 1221 of 2354

mnamreh---In fact I was being complimentary, my wife obviously doesn't weigh any where near a tonne so skinny gets a bargain oz per oz my wife is worth more than gold.

Sorry for the delayed reply but it's not easy typing with eight broken fingers, blood oozing from an eye wound and a split lip, apparently I fell over the cat.

My memory must have gone as well, we don't have a cat.
2517

2517GEORGE - 07 Dec 2011 09:39 - 1222 of 2354

Sorry for being off topic.
2517
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