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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

required field - 25 Jan 2011 10:00 - 515 of 2354

140p....will it hold ?... hope so...need this to climb....

cielo - 25 Jan 2011 12:22 - 516 of 2354

One guilty party selling and able me buy cheap. ............

Gloval AEGON has cut stake under 5%

Cut from 56,131,880 to 51,071,412 or 4.72%


aldwickk - 25 Jan 2011 12:28 - 517 of 2354

Got a buy order in for 140p

HARRYCAT - 25 Jan 2011 14:20 - 518 of 2354

Tunisia not yet sorted. Think I may watch for another day or two. Risk missing the boat though.

midknight - 25 Jan 2011 15:43 - 519 of 2354

Gold news:

http://www.thestreet.com/story/10984102/3/gold-prices-tank-to-3-month-lows.html

skinny - 26 Jan 2011 07:18 - 520 of 2354

Egypt protests: Police disperse Cairo crowds

Egyptian police have used tear gas and water cannon to break up rare anti-government protests in the capital.

Thousands of people had joined the protests in Cairo, inspired by the uprising in Tunisia and vowing to stay in place until the government fell.

At least three people died during Tuesday's nationwide internet-inspired "day of revolt", which the government blamed on a banned opposition movement.

TANKER - 26 Jan 2011 08:01 - 521 of 2354

sell before it is to late

HARRYCAT - 26 Jan 2011 08:02 - 522 of 2354

,

aldwickk - 26 Jan 2011 08:27 - 523 of 2354

I hope the falling knife is not to sharp , just topped up again

required field - 26 Jan 2011 09:37 - 524 of 2354

Ditto.....ridiculous drop now....this will turn into a nice profit....buy guys....

HARRYCAT - 26 Jan 2011 09:38 - 525 of 2354

Three dead in Egypt last night & rioting continues. A little too early yet, imo.

required field - 26 Jan 2011 10:20 - 526 of 2354

Coming back strongly.....just has to climb....

required field - 26 Jan 2011 10:28 - 527 of 2354

I'm always amazed as to why people sell when a rebound is on the way....crazy....

HARRYCAT - 26 Jan 2011 10:34 - 528 of 2354

How do you know a rebound is on the way? Buying when the sp is still falling is just as crazy, surely?

required field - 26 Jan 2011 10:38 - 529 of 2354

This can only drop a certain amount...the mine is unaffected by any little disturbance hundreds of miles away....looking at the graph the rebound is plain to see.....last time I looked....commodities were up.....the bull run for gold is not over yet....this is a blip......and I buy when there are blips....everybody is selling...I buy...everybody is buying at the top...I sell....

skinny - 26 Jan 2011 10:51 - 530 of 2354

How is Desire btw.

TANKER - 26 Jan 2011 11:50 - 531 of 2354

the gov will bebrought down get out now or take a gamble

cielo - 26 Jan 2011 12:02 - 532 of 2354

TANKER

re >>> the gov will be brought down

It will be or you want to be >>>>>>>>> answer the Question

skinny - 26 Jan 2011 12:02 - 533 of 2354

I'm sure many here get these lunch time mails, but worth a read anyway - Gold is eternal, but the gold price might not be.

TANKER - 26 Jan 2011 12:12 - 534 of 2354

cie . i personaly thing it is very bad news for the world in general it is spreading all over world . it is not nice to seee this happing . the promblem is simple there are to many humans on this planet and getting worse ever year. 1950 2.7b now over 7b
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