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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

cynic - 01 Nov 2012 08:15 - 1769 of 2354

that was a true delphic prophecy, "soon" covering anything up to 6 months time!
anyway, for those of nimble fingers and similar, there has been a good chance to make a good turn while any bears get badly singed.

ahoj - 01 Nov 2012 08:17 - 1770 of 2354

Congratulations to those who held the shares. Great to see you recovering fast.

skinny - 01 Nov 2012 08:20 - 1771 of 2354

The thread over the road is such an enlightenment (sadly) in to human nature - dozens have been slagging off and blaming everything that moves for the last couple of - now apparently most were holding all of the time! :-)

TANKER - 01 Nov 2012 08:20 - 1772 of 2354

cynic .I said cey trading soon that means today . does it hurt to say i was correct
my info was spot on.

skinny - 01 Nov 2012 08:23 - 1773 of 2354

pro14-19.gif

cynic - 01 Nov 2012 08:28 - 1774 of 2354

oh, in that case, why did you not define "soon" as "tomorrow" then, or wasn't your virgin in the Temple of Apollo in Delphi that forthcoming?

HARRYCAT - 01 Nov 2012 08:37 - 1775 of 2354

.

midknight - 01 Nov 2012 10:36 - 1776 of 2354

Skin, your 'images' are always apprgpriate and impressive,
but how do you dig them up so fast. I am sure even Tanks is
impressed, though he may not admit it!

skinny - 01 Nov 2012 10:43 - 1777 of 2354

An acerbic wit and fast fingers - although both are slowing with age :-(

TANKER - 01 Nov 2012 11:46 - 1778 of 2354

skin I find them very good .

TANKER - 01 Nov 2012 11:48 - 1779 of 2354

cey licencse is now safe .up up and away good luck
I do not hold sold months ago so not ramping.

skinny - 01 Nov 2012 11:53 - 1780 of 2354

That's good, otherwise I'd post this :-)

W129FHsm.gif

hlyeo98 - 01 Nov 2012 13:19 - 1781 of 2354

If I were a shareholder in CEY, I would sell out of this now as you never know what is going to happen with the new government.

CEY license is safe??? What's the evidence?

cynic - 01 Nov 2012 13:54 - 1782 of 2354

what makes you think that it would not be? ...... only the %ages will change

HARRYCAT - 01 Nov 2012 14:53 - 1783 of 2354

.

skinny - 01 Nov 2012 16:41 - 1784 of 2354

Just to add volume to Harry's chart.

Chart.aspx?Provider=EODIntra&Code=CEY&Si

hlyeo98 - 01 Nov 2012 16:47 - 1785 of 2354

Are you in CEY, cynic? You don't have to answer if you don't wish to.

cynic - 01 Nov 2012 16:50 - 1786 of 2354

post 1751 should give you a clue :-)

TANKER - 02 Nov 2012 09:58 - 1787 of 2354

sell .

hlyeo98 - 02 Nov 2012 16:12 - 1788 of 2354

Totally agree. SELL out at 60p.
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