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.

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......... a 30% increase on 2011 and above guidance of 250,000 ounces. ........... Sukari has now delivered production growth over three consecutive years and we look forward to a further increase in 2013.

Looking for a close 50+.

Going well, but even allowing for a small slide in the price of gold, CEY should be somewhere around the 170p level, so it's just a small matter of deciding whether Egypt is now a politically stable country. Another stunt from Mursi and we are heading down to the 30p level again, imo. I need to average down now, otherwise it's a long wait for break even, but.........

Harry Mubarack is in prison........ keep up!

I spotted that before you posted, so it has been changed retrospectively! Thanks for the heads up though, h. Good to see you are paying attention! ;o)

LOL - looking good, if gappy.

LONG WAY TO GO ON THIS ONE - SKYS THE LIMIT.

LONG WAY TO GO ON THIS ONE - SKYS THE LIMIT.

14 Jan: Goldman Sachs reiterates: Strong Buy - TP unchanged 200p.

after opening with a mark up the shares are now down and Profit taking is the order of the day after such a rise

so what's your buy/sell targets MJ?

i calculate back to 35p before any further rises. lots of profit to take imho

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Messy chart (technical expression) support @52p - I'm staying long.

an easy to read "simpleton's chart" ...... 50 dma likely to provide support at 56 provided wall street does not damage confidence too much ..... if that breaks, then 25 dma at 45 should be a good level - to buy if one has the inclination

Looks like anarchy will rule in Egypt...

back to 25p coming.,.

Gap closed for now.

And now in auction +10.5%