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.

160p might even be on the cards.....

So might 120p.....! If you are convinced that the sp will get back to it's former level once the troubles are over, why not just sit on your holding and think longer term?

Using spreads for this.....at the moment....playing the opportunistic game....

egypt murbarak to step down tonight . news in next hour . and military will fire on any one on the streets breaking rules

Muslim Brotherhood now in talks with the government? Mumbarak looks like he may have to go pdq, but still resisting over worries of a vacuum. Can't make up my mind whether the worst is over or yet to come.

from what i can gather, MB is fairly moderate in its views, but for sure it will be targetted for infiltration and manipulation by the extremists, both from within egypt and from without

in the immediate future, i would fully expect Mubarak to step down within the next month under some face-saving formula - and truckloads of cash left in his bank! ..... for the rest of 2011 (say) we'll probably see a fairly uneasy political time as the various parties jockey for position ..... thereafter? .... who knows, though i stand by my prediction of a fundamentalist regime within 5 years

I think I am correct in saying that the Egyptian stock market re-opens tomorrow after a long closure since the troubles started. Egyptian central bank has supported the currency, but the trading desks are going to be left to their own devices. Will be interesting to see if there is a big sell-off, which the government fear may happen.

sold mine yesterday for a very small profit, but quite happy to be out ..... indeed markets feel to be set for a retrenchment, but i have no logic for that, other than they've been chugging ahead for a while now

unbelievable rise in last 45 minutes.

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I guess this may have caused the turn around.

Obama is forcing Mubarak to step down gracefully.

Obama the hero again!

Looks like it will be a down day tomorrow. Mubarak not stepping down.

BIG expectations on the Egypt's President TV addressed

but .... President Hosni Mubarak says he will stay in office and transfer all power only after September's presidential election.

And it seems he said .... YANKIES and the rest stay away from our business ( he would ignore "diktats from abroad".)

Egypt's military are behind this decision

not sure you're right, not least because US pays for egypt's military ..... however, i don't think that there is any doubt that the military holds the key - as so often - and i would be quite or even very surprised if they do not force mubarak out one way or another

of course, what we do not know, is what promises or other inducements the neighbouring arab states may have made for mubarak to stay or to go ..... arguments in both directions, but saudi and the like want instability in the region like a hole in the head

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Mubarak gone, just announced

Euforia in Egypt

President Hosni Mubarak has gone from the role of Dictatorship

the Army takes over

CEY

share price rising from the lows this morning

Put in what I thought was a cheeky limit buy yesterday @ 131 and just got home to see the dip/rise. Now do I sell quickly or consider I've bagged a bargain mmmm....

Yippee!... Death to Mubarak!

I shouldn't put that Hyleo....not in keeping with a blog.......ok he's gone, it seems...not seen the news but nice surprise sp wise as I bought some this afternoon....