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.

past 114!! plenty more here according to l2 - fill ye boots

He who dare's win's , gibbo

yes delboy!

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you were very brave chaps but well done, though i hope you have taken at least partial profit

closed at 110p where next ...90p?

Yes, I agree that more downside to come.

Well, I shall go for an optimistic view and I think that the selling was way overdone.....could not watch all day so had to buy when I did, but not complaining... and we will back over 120p soon......anybody checked the price of gold lately ?....

rf the price of gold is not the factor it's CEY's perfomance against targets that matter to investors, they are falling short.

Took profits a little too soon at 113. Not sure which way sp will go this week.

Yes, temporarily.....I'm convinced that today was a superb opportunity to jump in "a la" Gibby !

crashed through 50 and 200 dma investors bailing out, too much risk and performance failure.

That is what sheep do......I never go by what other people do.....we shall see....watch this rise now.....

rf the others have made their money and have moved on to better opportunities.

Are there any ?....it's terrible at the moment......I'm hardly doing any trading at all now but I reckon that a repetition of last year's rise is on the cards again....

rf wake up small caps are going down stay in cash until the indicators turn up, may take some time.

$1642 and counting.....no stopping the yellow stuff at the mo.....

I'm not prepared to bank losses....patience has served me well before....I'm staying put on the ones I have and shall hope for the best......and I'm convinced that a serious rise is going to come....

not sure how you bank loses, hope now that's tangible!

Is cash safe ?

CEY have a massive amount of Gold and the price of it will soon be up to $2,000 and that's something we should not forget .