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.

Mugabe , Pol Pot , Stalin ...........

Idi Amin, Atilla the Hun, Kim Jong-il......

Cliff Richard, Duran Duran, Lulu........oh sorry....missed the above way of thinking....thought it was greatest hits compilations....

maggie clegg

Did not get my timing right 143p..(I never do) but perhaps another surge to above 150p is on the cards.....mine will be unaffected by all the troubles in the cities....

Agreed - a fatuous analogy.
Also isn't it the case that the army has its own economy/funds? Mubarak needs the army more than it needs him. If the army thinks regime change is needed then change it will.

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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.