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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

required field - 03 Feb 2012 09:15 - 1385 of 2354

It's simple : you do so !....and at the same time give out a aaaaaaaaaaaahhaaaahhhaaaa shout.....tarzan wise.......

aldwickk - 10 Feb 2012 11:08 - 1386 of 2354

A bit of profit taking now @ 100 bid price, has would be expected

aldwickk - 13 Feb 2012 18:28 - 1387 of 2354

Up +3.36% in Canada so far, but only up 0.36 % @ the close in London , which makes a change.

aldwickk - 17 Feb 2012 21:29 - 1388 of 2354

-5.92% down in Toronto unbelievably , this share is pissing me off big time.

HARRYCAT - 28 Feb 2012 14:24 - 1389 of 2354

Still sliding away. 80p on the cards? (again!)

required field - 28 Feb 2012 14:32 - 1390 of 2354

Diappointing...with gold rising.....should be way above 100p.....takeover target...no debt...unhedged ?....possibly....?...

HARRYCAT - 28 Feb 2012 14:36 - 1391 of 2354

If they stopped killing each other and sorted out a stable, civil government, we might get somewhere!

required field - 28 Feb 2012 14:49 - 1392 of 2354

True.....overpopulated...Egypt.....I'd love to go there.....pyramids, fab market from what I gather in Cairo....anyway....I reckon that Rio Tinto or one of the other big boys will snap this up......way undervalued....

required field - 28 Feb 2012 17:01 - 1393 of 2354

This just has to rise....gold is rocketing again...almost $1800 an ounce....$12 short of it as we speak.....

required field - 29 Feb 2012 08:31 - 1394 of 2354

This cannot be kept down for much longer.....inconceivable that it's not above 120p at least !.

TANKER - 29 Feb 2012 08:46 - 1395 of 2354

the reason these are going nowhere is .
if you do not no why then sell
i do no why .it is who is going to run the country and they are backward looking .
they still believe there is a higher power .
i know that there is not

required field - 29 Feb 2012 08:49 - 1396 of 2354

Beside the politics.....with international agreements which you cannot change overnight : it should be way higher.....their coffers will increase and a time will come when the market pushes the sp up....

TANKER - 29 Feb 2012 09:06 - 1397 of 2354

rf that is almost correct . people like myself do not trust the powers to be so will not buy till clear and has you should no to a muslim quick is around 2 years to do a dayin the real world

mnamreh - 29 Feb 2012 09:15 - 1398 of 2354

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TANKER - 29 Feb 2012 09:32 - 1399 of 2354

mna just saying i will not buy till clear policys on companys .
and yes they are making good profits but

mnamreh - 29 Feb 2012 09:34 - 1400 of 2354

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TANKER - 29 Feb 2012 09:37 - 1401 of 2354

mna read again .
i will not buy till clear on policy i have held a lot of these in the past now i do not feel that my investment would be safe simple i am not prepare to risk my cash . end off

mnamreh - 29 Feb 2012 09:43 - 1402 of 2354

.

TANKER - 29 Feb 2012 09:45 - 1403 of 2354

mna have a nice day . i will buy when i feel it is right ,and hope they are still under 100p it should be 200p

HARRYCAT - 29 Feb 2012 09:51 - 1404 of 2354

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