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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

cynic - 27 Dec 2011 15:43 - 1275 of 2354

TANKS - i have no objection to peeps changing their stances on stocks, but you don't half blow with the breeze, which does cast considerable doubt on the value of your opinions .... btw, 2011 now has only a few days to run!

aldwickk - 27 Dec 2011 16:48 - 1276 of 2354

Hurry up chap's , only another 100m before 2011

dreamcatcher - 27 Dec 2011 16:49 - 1277 of 2354

20m million each day from today.

2517GEORGE - 27 Dec 2011 18:06 - 1278 of 2354

T's a fickle investor, changes his mind on shares repeatedly over the course of a few days, suggests sp's which are never attained, it's only 11 days ago he was suggesting CEY would drop to 50p, now he's on a buying crusade. I've cracked it he's an analyst.
2517

Chris Carson - 27 Dec 2011 18:12 - 1279 of 2354

kin nutter would be more apt !

TANKER - 28 Dec 2011 07:44 - 1280 of 2354

cynic . read the money abserver mag that is what it says . jan issue .
good mag i have had it for 12 months . .

cynic - 28 Dec 2011 07:48 - 1281 of 2354

tanks - i'm sure what you report is as written, but it doesn't necessarily make it any more credible or, i guess, you any less gullible for believing it ...... shares mag constantly prints notes on sure-fire winners that barely cross the starting the starting line

HARRYCAT - 28 Dec 2011 08:30 - 1282 of 2354

.

mnamreh - 28 Dec 2011 08:50 - 1283 of 2354

.

skinny - 28 Dec 2011 08:53 - 1284 of 2354

Status Quo?

mnamreh - 28 Dec 2011 08:55 - 1285 of 2354

.

skinny - 28 Dec 2011 08:58 - 1286 of 2354

Exactly! :-)

midknight - 28 Dec 2011 12:58 - 1287 of 2354

Goldman Sachs on gold and Centamin in 2012:

http://www.thisismoney.co.uk/money/markets/article-2078572/Goldman-Sachs--Gold-glitter-new-highs-2012.html

mnamreh - 28 Dec 2011 13:03 - 1288 of 2354

.

2517GEORGE - 28 Dec 2011 13:38 - 1289 of 2354

Tut tut,
It is meant to be a time where we can set aside our little differences and give a liitle more leeway to those who see things differently from ourselves.

Tomayto-tomarto etc.

It's going to be an interesting 2012.

lol
2517

mnamreh - 28 Dec 2011 13:40 - 1290 of 2354

.

halifax - 28 Dec 2011 17:47 - 1291 of 2354

where is the bottom....... should we ask the vampyre squid?

aldwickk - 28 Dec 2011 17:54 - 1292 of 2354

Good old CEY , it goes down when the Gold price drop's and goes down when Gold goes up , trouble seem's to be with Gold share's investor's / trader's are using EFT's

halifax - 28 Dec 2011 18:02 - 1293 of 2354

or perhaps events in egypt are indicating trouble ahead....events dear boy events!

aldwickk - 28 Dec 2011 18:33 - 1294 of 2354

From iii:

22:59
My 2011 review
CaspianGuy
3UP
COMMODITY REVIEW 2011

First, that was not a good year for investors in commodity stocks. After 2 fantastic years 2011 was no doubt one of the worst years ever in the commodity sector.

My watchlist in the worldwide commodity universe includes about 200 explorers and producers around the world. Almost every commodity segment is represented.
Altogether one can say this year is a list of horror.

Only gold and a few gold stocks could cause investors some joy.

Only 24 of the 200 stocks are blue or unchanged in 2011, the rest are red. Most of them are deep red, even more black.

Best performer was Potash Minerals with a return of 117%.

Worst perfomer was Churchill Mining with a return of -92%.

Kurdistan focused oil producer Gulf Keystone Petroleum rose 12%. (+87% in 2010, +400% in 2009)

14 stocks are down 10%
33 down 11-30%
44 down 31-50%
36 down 51-60%
37 down 61-80%
7 down more than 80%

The 2010 winner stocks lost much too
Cline Mining -66 %. (2010 +1,126%)
Chariot Oil -45% (2010 +717%)
Petro Matad -79% (2010 +565%)

Best 5 performers 2011:
Potash Minerals +117%
Kryso Resources +64%
Metro Coal +62%
Voyager Resources +40%
Anatolia Minerals +39%

Worst 5 perfomers 2011:
Roca Mines -82%
Bowleven -82%
Vast Exploration -88%
Legend -89%
Churchill Mining -92%
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