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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

aldwickk - 28 Mar 2012 09:18 - 1495 of 2354

Buy ,buy buy , fill your boot's buy a shed load ...... DYOR

mnamreh - 28 Mar 2012 09:22 - 1496 of 2354

.

cynic - 28 Mar 2012 09:56 - 1497 of 2354

would rather the company did not have to rely on subsidised fuel at all - not a good idea ..... on the other hand, egypt needs the mine to be successful as it desperately needs revenue and hard currency ..... whether that makes the whole company a target for nationalisation is another question

aldwickk - 28 Mar 2012 10:04 - 1498 of 2354

Would nationalisation of CEY be worth the lost of foreign investment ?

mnamreh - 28 Mar 2012 16:23 - 1499 of 2354

.

halifax - 28 Mar 2012 16:37 - 1500 of 2354

sp not looking good

mnamreh - 29 Mar 2012 06:57 - 1501 of 2354

.

HARRYCAT - 29 Mar 2012 08:00 - 1502 of 2354

.

TANKER - 29 Mar 2012 09:39 - 1503 of 2354

just looking in on hols . i see i was correct again well now will wait for a while 55p

TANKER - 29 Mar 2012 10:05 - 1504 of 2354

have you holders still not worked out why the fall .

mnamreh - 29 Mar 2012 10:28 - 1505 of 2354

.

hlyeo98 - 29 Mar 2012 10:32 - 1506 of 2354

Centamin is heading for black hole...

mnamreh - 29 Mar 2012 10:37 - 1507 of 2354

.

skinny - 29 Mar 2012 10:38 - 1508 of 2354

skinny - 29 Mar 2012 10:39 - 1509 of 2354

Or maybe -

hlyeo98 - 29 Mar 2012 10:41 - 1510 of 2354

Centamin has no hope, operating in a country where corruption is rife and economy is dead and the people does not help themselves.

mnamreh - 29 Mar 2012 10:42 - 1511 of 2354

.

hlyeo98 - 29 Mar 2012 11:01 - 1512 of 2354

CEY getting sicker and sicker by the minute

cynic - 29 Mar 2012 12:07 - 1513 of 2354

you could level that sort of crap at any number of countries .... in fact, there's many many more who are far more corrupt and blatantly so

aldwickk - 29 Mar 2012 12:14 - 1514 of 2354

TANKER

I told you not to buy at 70p, now you are 2p down
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