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.

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 .

Is gold safe? For today yes.

What's happening tomorrow ?

Halifax

Off topic , are you still holding PAL i think they might be on the move up again broker reports are still bullish .

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Political risk, the capital cost estimate for the Stage 4 development is 42% above the scoping study estimate of $179m, production is down and cash costs are 15% up in the last quarter. Markets are also in decline at the moment, so would expect more downside at the moment. Will be interesting to see what their average sell price for gold will be at the end of the next quarter.

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Live Gold Chart.

Well, I don't know about you lot but I'm getting slaughtered with my holdings.....I cannot believe that POG is crashing with gold rocketing......