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.

could be a while yet as initially the army will control

Early days yet and prefer to stay out of CEY. If the militants and extremists start to kick in as agents provocateurs then the military may start to use live ordinance. Also, if Mubarak goes then a vacuum will occur, which may spook investors until elections are held. Too much downside risk, imo.

good managementand they do keep investers up to date .

I think it is a good buying opportunity now.

Out at a profit.....the buying opportunity was the last 2 days...not now....might buy back but not until the political storm drops....

all is going to fine 200p plus is on the cards

TANKER - 27 Jan 2011 12:56 - 561 of 619
I did tell you under 100p on way.

ald .yes but the panic is over get in 200p plus easy

TANKER

Have a look at Sheba on the PLUS market [ SHE ] worth a small punt, also TSTR.http://www.moneyam.com/InvestorsRoom/posts.php?tid=15648#lastread

cheers i am on hols but will take a look

.

They are late as usual but comfirms the expectations at British Bulls ... ...

CEY - BUY CONFIRMED
today - Long White Candlestick

The recent bullish formation leading to the BUY-IF signal is confirmed today. The market is ready for a new bullish move. It opened today with a gap-up and the days activity resulted in a close higher than the open. This is one of our valid confirmation criteria.

We hope that you bought this stock. You should watch the upward gap in the opening, wait a bit, feel the bullish tendency of the market making sure that prices stay over the opening price and then go long. Your benchmark was the opening price of the upward gap.

If you bought, continue to hold this stock until the confirmation of the next SELL-IF signal. You are on safe grounds as long as the future prices continue to trade above the benchmark price. What to do if you did not buy? Maybe, you did not have time to follow the session or you simply delegated the delicate job of confirmation to us. Well it is a bit late, but not too late. You may still find suitable prices for buying in the following sessions.

The market is currently cold for short-sellers. Avoid any short sales and cover the short positions immediately if there are any.

No chitchat this morning here ?.....

Not really much more to say that hasn't already been said. Mubarak to go sometime soon. Who will take over after him. I am just surprised that the extremists haven't raised their heads yet, but maybe the military have got a tight grip on things.
Buys & sells about even so far today, but wouldn't be surprised to see the sp drift when we get nearer to the weekend.

Time to get back in for another rollercoaster...yiippeee

situation in Cairo deteriorating, stay on the sidelines.

well MUBARAK as now told the world that he is a terrorist. paying mobs to kill there own peaceful people.

discount all the emotional journo talk about the Egyptian army saving the situation don't forget who controls the purse strings... mubarak pays the security forces.

don't often disagree with you nowadays, but i think you'll find that if mubarak loses the support of the army, and i'ld hazard he's close to doing so, then mubarak will get booted pdq

mubarak pays the security forces they won't let him go with the loot.