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.

tanks - i'm sure what you report is as written, but it doesn't necessarily make it any more credible or, i guess, you any less gullible for believing it ...... shares mag constantly prints notes on sure-fire winners that barely cross the starting the starting line

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Status Quo?

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Exactly! :-)

Goldman Sachs on gold and Centamin in 2012:

http://www.thisismoney.co.uk/money/markets/article-2078572/Goldman-Sachs--Gold-glitter-new-highs-2012.html

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Tut tut,
It is meant to be a time where we can set aside our little differences and give a liitle more leeway to those who see things differently from ourselves.

Tomayto-tomarto etc.

It's going to be an interesting 2012.

lol
2517

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where is the bottom....... should we ask the vampyre squid?

Good old CEY , it goes down when the Gold price drop's and goes down when Gold goes up , trouble seem's to be with Gold share's investor's / trader's are using EFT's

or perhaps events in egypt are indicating trouble ahead....events dear boy events!

From iii:

22:59
My 2011 review
CaspianGuy
3UP
COMMODITY REVIEW 2011

First, that was not a good year for investors in commodity stocks. After 2 fantastic years 2011 was no doubt one of the worst years ever in the commodity sector.

My watchlist in the worldwide commodity universe includes about 200 explorers and producers around the world. Almost every commodity segment is represented.
Altogether one can say this year is a list of horror.

Only gold and a few gold stocks could cause investors some joy.

Only 24 of the 200 stocks are blue or unchanged in 2011, the rest are red. Most of them are deep red, even more black.

Best performer was Potash Minerals with a return of 117%.

Worst perfomer was Churchill Mining with a return of -92%.

Kurdistan focused oil producer Gulf Keystone Petroleum rose 12%. (+87% in 2010, +400% in 2009)

14 stocks are down 10%
33 down 11-30%
44 down 31-50%
36 down 51-60%
37 down 61-80%
7 down more than 80%

The 2010 winner stocks lost much too
Cline Mining -66 %. (2010 +1,126%)
Chariot Oil -45% (2010 +717%)
Petro Matad -79% (2010 +565%)

Best 5 performers 2011:
Potash Minerals +117%
Kryso Resources +64%
Metro Coal +62%
Voyager Resources +40%
Anatolia Minerals +39%

Worst 5 perfomers 2011:
Roca Mines -82%
Bowleven -82%
Vast Exploration -88%
Legend -89%
Churchill Mining -92%

NOTICE OF CANCELLATION OF LISTING FROM THE OFFICIAL LIST

30/12/2011 8:00am

CANCELLATION

Centamin Egypt Limited

The Financial Services Authority ("the FSA") cancels the securities set out below from the Official List effective from 30/12/2011 8:00am at the request of the company:


Ordinary Shares of No Par Value; fully paid

Premium Equity Commercial Companies

(AU000000CNT2) ●



This notice has been issued by Listing Applications - 0207 066 8333 Option 3.

Notes

- Notices issued by the FSA in respect of cancellation of securities from the Official List must be read in conjunction with notices issued by the relevant Recognised Investment Exchange.

●Denotes the security is also being cancelled from trading on the London Stock Exchange, a recognised Investment Exchange.
- SEDOL numbers which are allocated by the London Stock Exchange as a Stock Exchange identifier may be found on their dealing notice.

†Denotes the security is also being cancelled from trading on PLUS Markets Group, a recognised Investment Exchange.

#Denotes the security is also being cancelled from trading on NYSE Euronext London, a recognised Investment Exchange.

i wonder what the implication of that is ...... perhaps Mr T can enlighten us, though he may have sold out late yesterday

RNS Number : 7881U

Centamin PLC

30 December 2011


For immediate release 30 December 2011

Completion of Redomicile and Commencement of Trading

Centamin plc ("Centamin" or the "Company") (LSE: CEY, TSX: CEE) is pleased to announce the implementation of the scheme of arrangement to effect the change to the corporate structure of Centamin Egypt Limited and its subsidiaries (the "Centamin Group") by putting in place Centamin, a company incorporated in Jersey, as the holding company of the Centamin Group.

Admission of Centamin's ordinary shares to the premium segment of the Official List of the UK Listing Authority and to trading on the London Stock Exchange's Main Market for listed securities became effective, and unconditional dealings commenced at 8:00 a.m. today. Trading in Centamin Egypt Limited's ordinary shares was cancelled simultaneously. Centamin's ordinary shares will also be listed on the Toronto Stock Exchange and be available for trading today. The ticker symbol for Centamin's ordinary shares is CEY on the London Stock Exchange and CEE on the Toronto Stock Exchange.

All of Centamin Egypt Limited's shares have been transferred to Centamin. Those eligible Centamin Egypt Limited shareholders on the register as at 11.00am (GMT) on 23 December 2011 will receive one Centamin share for each Centamin Egypt Limited share held.

At Admission, the Company had 1,096,297,381 ordinary shares of no par value each in issue and admitted to trading. Each ordinary share carries the right to one vote in relation to all circumstances at general meetings of the Company. The Company does not hold any ordinary shares in treasury. This figure may be used by shareholders and others with notification obligations as their denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, Centamin under the FSA's Disclosure and Transparency Rules.

completion of redomicile and commencement of trading .
it was given out weeks ago .
8 am today have a good new year .
last post off out to beach

Noun or Verb?

you'll need to simplify the Question I suspect.