Gold and Silver Juniors, Mid-tiers and Producers Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: Anchan	5/1/2007 1:07:07 AM
	of 78417

Re: Centamin Egypt (CEE.TO and CNT.AX) -- Centamin is up 12% today in Australia, break-out to all-time high (A$1.12) on very good volume. No reason yet apparent. Bid depth shows, as it has shown for many months, that big pockets are accumulating: the smallest bids risk 10,000 bucks but most put $20,000 to $50,000 on the table. Centamin will produce gold at its Egyptian mine from 2008; presently, they have 5.42m oz gold Measured&Indicated + 2.84m oz Inferred. Company expects to have 10m oz soon (they still have 10 rigs drilling...). 15+yr mine life, US$290/oz cash cost; about C$550m market cap. Disclaimer: I've added last week, now at a double position. I am biased. Do your own DD.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next