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.

in normal circumstances, i would say CEY is worth buying this instant with sp just touching 200 dma

anyway, i did albeit that i had to pay 55.5 in the end ..... logic = bullion +$22.00 and CEY sp had not really moved off straight-line fall from 64 to 200 dma

If only I'd sold out of a few more positions, this would have been on my short list for a possible entry.

if only i had not been so stupid i would not have lost so much money in the bloodbath and would assuredly have shorted Dow .... the latter was signalled loud and clear

http://www.investegate.co.uk/Article.aspx?id=200801310905559395M
cyril

At least we have some good news.
http://www.rns-pdf.londonstockexchange.com/rns/3926n_-2008-2-6.pdf
< cyril

TIME TO SELL. OR IS IT.

Another report of find.
http://www.resourceinvestor.com/pebble.asp?relid=40269
cyril

CEY's SP doing very nicely since last update,at present its trading at $1.54Can
which converts to 78p.
cyril

Another few more pence to go for an entrance point for me... should have got in couple months ago on last dip...

can't disagree Ted ..... no obvious reason for the decline

I had a limit order to buy at 69.25 this morning after the seeing the fall back in Canada last night.

cynic - 11 Mar 2008 20:04 - 129 of 130
big spike to puncture balloon!

baylis .... please enlighten .... i know what i wrote about WCC but fail to see the relevance to CEY which, by the way, i do not currently hold

just testing.

testing what?

you.

??????????????
and i thought i was nuts!

Just a view.

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