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.
TANKER
- 05 Jun 2012 20:12
- 1583 of 2354
most tourist go on hol to sunbathe well they will not be allowed in egypt.to do so .
so the tour operators can take itoff there list they will not fill the planes .
if MURSI is elected the country will step back 200 years and rules the people by fear.
TANKER
- 05 Jun 2012 20:13
- 1584 of 2354
as for cey the future is uncertain .and holders could end up with nothing .
it could be nationalised.
if it allowed to carry on as a frre enterprise it could treble over night .
gamblers paradise or not
cynic
- 05 Jun 2012 20:15
- 1585 of 2354
i have not read the manifesto, so why is it that i think you have rather over-egged your omelette? ....... even in dubai, the local women are allowed to sunbathe, though there are also ladies' clubs and beaches should they wish to segregate themselves ..... for all that, it is far from impossible that tourist enclaves are created with a more flexible approach than that which applies outside
TANKER
- 06 Jun 2012 09:56
- 1586 of 2354
cynic he as stated that NO bikinis on the beach .
HARRYCAT
- 06 Jun 2012 09:59
- 1587 of 2354
Excellent - mandatory nude bathing then? ;o)
mnamreh
- 06 Jun 2012 10:02
- 1588 of 2354
.
cynic
- 06 Jun 2012 10:13
- 1589 of 2354
what he says and what is actually applied are not necessarily the same thing.
the simple political expedient will be to allow them on "closed beaches" only - e.g. those within the confines of tourist resorts (ghettos) ...... similarly alcohol ..... even in dubai you can't go to the supermarket to buy same
mnamreh
- 06 Jun 2012 10:23
- 1590 of 2354
.
TANKER
- 06 Jun 2012 10:27
- 1591 of 2354
so is it ready for a good gamble
mnamreh
- 06 Jun 2012 10:51
- 1593 of 2354
.
TANKER
- 06 Jun 2012 14:15
- 1594 of 2354
I have taken a punt
mnamreh
- 06 Jun 2012 14:21
- 1595 of 2354
.
TANKER
- 06 Jun 2012 15:22
- 1596 of 2354
no oars
mnamreh
- 06 Jun 2012 15:32
- 1597 of 2354
.
cynic
- 06 Jun 2012 16:00
- 1598 of 2354
punt + oars???
mnamreh
- 06 Jun 2012 16:21
- 1599 of 2354
.
mnamreh
- 06 Jun 2012 16:25
- 1600 of 2354
.
HARRYCAT
- 07 Jun 2012 12:33
- 1601 of 2354
(Digitallook)- Nomura has upgraded its rating for Egyptian gold miner Centamin from neutral to buy and increased its target price from 100p to 130p, saying that operational momentum may be turning positive after '18 months to forget'.
"With the planned open-pit pushback now optimised for 2013-15 [following last week's update on its mine plan], we are increasingly comfortable with the company’s operational momentum and earnings profile," Nomura said.
kernow
- 08 Jun 2012 08:47
- 1602 of 2354
Well I bottled it and sold @ 69p for +9%. I'd buy in again on fallback or if Tanker says sell.