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.

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.

deleted

http://www.money.cnn.com/2008/03/13/markets/gold/index.htm?postversion=2008031309
We have the $1000/ounce.
cyril

Gold (CMX)
April 08 ($US per Troy oz.) 996.50 +16.00

Several articles worth reading on the price of gold.
http://www.resourceinvestor.com
cyril

Gold up 22cents at $1025/ounce.
cyril

Bought my first tranche this afternoon, expect to accumulate more soon...

Ted you did well, up over 7% in Canada to finish at 74p.
cyril

hmm! .... chart tells the story ..... possible bounce at this sort of level - or not, as the case may be

http://www.investegate.co.uk/Article.aspx?id=200804080723148369R
cyril

another right call, though i did not buy ..... possible resistance here, and if gold falls back again, so may sp .... still a very good little company

Error

http://www.fspinvest.co.uk/Free-E-Letters/The-Miner-Diaries.html
cyril

Nice 1 Cyril , lets have another 1