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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

Balerboy - 05 Jan 2012 15:19 - 1308 of 2354

Do you know that was the first 45 mum bought for for me... many years ago but i can't remember the chap who sang it??

mnamreh - 05 Jan 2012 15:21 - 1309 of 2354

.

skinny - 05 Jan 2012 15:24 - 1310 of 2354

Blimey - sepia days! :-)

Balerboy - 05 Jan 2012 18:10 - 1311 of 2354

Not sure mnamreh, on the flip side was "magic moments" it's certainly his sort of song.,.

Balerboy - 05 Jan 2012 18:12 - 1312 of 2354

lol skinny. ..... do you remember them???

skinny - 05 Jan 2012 18:14 - 1313 of 2354

I remember charcoal and parchment mate

Balerboy - 05 Jan 2012 18:15 - 1314 of 2354

lol wow that old ;)

skinny - 05 Jan 2012 18:23 - 1315 of 2354

Not really - a child of the 50's.

Balerboy - 05 Jan 2012 18:35 - 1316 of 2354

not a bad time, we missed the war.....we were old enough to REALLY enjoy the 60's and now old enough to not give a s**t to whats going on now....lol

dreamcatcher - 05 Jan 2012 18:39 - 1317 of 2354

Picked your walking sticks yet. :-))))))))

cynic - 05 Jan 2012 18:39 - 1318 of 2354

Emu - you are NOT old enough to have enjoyed the 60s; you're even younger than me and i was only 14 in 1960

mnamreh - 05 Jan 2012 18:48 - 1319 of 2354

.

gibby - 05 Jan 2012 20:24 - 1320 of 2354

lol

Balerboy - 05 Jan 2012 21:17 - 1321 of 2354

your right cyners it was wishful thinking...lol i suppose i'm a 70's lad...just as good.
btw, were you a long haired layabout......or have you always looked that way??.,.

TANKER - 06 Jan 2012 08:36 - 1322 of 2354

money observer . cey to plans to go from 200.000 to 500.000 ounces next year
a jumpin profits from 20m to 120m in 2011 brokers have pencilled in 172m
with earnings per share of 16.12p

HARRYCAT - 06 Jan 2012 08:41 - 1323 of 2354

.

gibby - 06 Jan 2012 09:28 - 1324 of 2354

cey should be double current sp by end 2012 imo :-))
and continue strongly 2013 onwards

cynic - 06 Jan 2012 09:49 - 1325 of 2354

market is underwhelmed

skinny - 06 Jan 2012 10:16 - 1326 of 2354

Looks like a short :-))) ( Tin hat on ).

aldwickk - 06 Jan 2012 10:40 - 1327 of 2354

Looks like a long short , the time this as been falling
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