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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

TANKER - 05 Mar 2012 14:33 - 1436 of 2354

if you say you are brittish then brittish if you say polish british you are polish .
you can only have one master as the saying goes

aldwickk - 05 Mar 2012 14:36 - 1437 of 2354

cynic

if someone send's you an agreement signed my him and his solicitor over the internet for you to print ,sign ,and scan and return back to him , will it be a legal document.

cynic - 05 Mar 2012 14:50 - 1438 of 2354

if by pdf, then usually yes though some documents have to be in original especially for property and the like ..... your solicitor will tell you

aldwickk - 05 Mar 2012 15:28 - 1439 of 2354

Thank's Cynic , its for buying out a business partner of a internet cafe in the Philippines ,we will check with a Lawyer over there.

TANKER - 05 Mar 2012 15:37 - 1440 of 2354

will i get my 72p to buy

cynic - 05 Mar 2012 16:22 - 1441 of 2354

gadzooks ..... very greatest care indeed needed with anything at all in philippines let alone legal stuff

aldwickk - 05 Mar 2012 17:22 - 1442 of 2354

TANKER

Don't buy , the Muslim Brotherhood will take it over and the shares will only be worth 25p

TANKER - 06 Mar 2012 08:28 - 1443 of 2354

aid that is the problem we do not know what these lunatics will do they are insane .
you will see 70p soon

TANKER - 06 Mar 2012 09:33 - 1444 of 2354

closing in on 70p

HARRYCAT - 06 Mar 2012 09:41 - 1445 of 2354

.

TANKER - 06 Mar 2012 09:55 - 1446 of 2354

anyone holding these must be mad till info is clear down down down
uncertain for future and not even the board knows that

TANKER - 06 Mar 2012 10:24 - 1447 of 2354

the decks are awash

TANKER - 06 Mar 2012 10:26 - 1448 of 2354

insane people are going to be running the country come june .
in my view it is not going to be a country to invest in . too risky by far
looking at the past of countrys like these

TANKER - 06 Mar 2012 10:27 - 1449 of 2354

auction very funny

mnamreh - 06 Mar 2012 11:21 - 1450 of 2354

.

skinny - 06 Mar 2012 11:21 - 1451 of 2354

Sukari Gold Mine halted by illegal labour unrest

Centamin announces that it has temporarily halted operations at its Sukari Gold Mine in Egypt due to illegal labour unrest.

The illegal unrest and work stoppage commenced as a result of a breakdown in on-going discussions involving general salary increases and other benefits with some members of the Sukari workforce. The Company is continuing discussions and has the full support of the Egyptian Mineral Resources Authority and the Ministry of Petroleum.

The Company will provide further updates in due course.

midknight - 06 Mar 2012 11:29 - 1452 of 2354

Tanks, your 72p entry point seems to be approaching.
Will you grab?

TANKER - 06 Mar 2012 11:45 - 1453 of 2354

Centamin has had its operations at its Sukari Gold Mine in Egypt temporarily halted by a strike.

The company says that the illegal unrest and stoppage began as a result of a breakdown in on-going discussions involving general salary increases and other benefits with some members of the Sukari workforce.

Centamin is continuing discussions and says it has the full support of the Egyptian Mineral Resources Authority and the Ministry of Petroleum.

It will provide further updates in due course.

At 11:28am: (LON:CEY) Centamin Egypt Ld share price was -8.92p at 77.58p


Story provided by StockMarketWire.com

TANKER - 06 Mar 2012 11:46 - 1454 of 2354

i did warn you these problems will get worse with no leadership of any sanity

mnamreh - 06 Mar 2012 11:48 - 1455 of 2354

.
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